Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.ecolecon.2021.106969 |
Corruption pays off: How environmental regulations promote corporate innovation in a developing country | |
Tong Fu, Ze Jian | |
2021-02-04 | |
发表期刊 | Ecological Economics
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出版年 | 2021 |
英文摘要 | The Porter hypothesis asserts that well-designed regulations can foster innovation for a “win-win” solution, but it requires environmental regulations to be strict but flexible, which is impractical for most developing countries. This paper explores how environmental regulations in a developing country can spur corporate innovation. Using the geographic distribution of wars during 1644 and 1911 as an instrument, we document that the stringency of environmental regulations in China promotes corporate innovation only when interacted with a region with high corruption. We further identify that the causal effect of the stringency on corporate innovation is mediated by bribery expenditures statistically and economically, and all the corresponding direct effects are insignificant. Ultimately, this paper confirms that corruption is the key mechanism in the Porter effect in a developing country. |
领域 | 资源环境 |
URL | 查看原文 |
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文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/313651 |
专题 | 资源环境科学 |
推荐引用方式 GB/T 7714 | Tong Fu, Ze Jian. Corruption pays off: How environmental regulations promote corporate innovation in a developing country[J]. Ecological Economics,2021. |
APA | Tong Fu, Ze Jian.(2021).Corruption pays off: How environmental regulations promote corporate innovation in a developing country.Ecological Economics. |
MLA | Tong Fu, Ze Jian."Corruption pays off: How environmental regulations promote corporate innovation in a developing country".Ecological Economics (2021). |
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