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The impact of climate policy uncertainty on green innovation in Chinese agricultural enterprises

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Listed:
  • Li, Jinning
  • Kong, Tao
  • Gu, Liangliang

Abstract

This empirical study uses 2011–2021 panel data from Chinese A-share listed agribusiness11Agribusiness is the various businesses that produce, sell, and distribute farm products, especially on a large scale. companies and shows a positive association between climate policy uncertainty (CPU) and green innovation in China's agribusiness sector, this finding withstands intensive robustness testing. The study also finds that government environmental subsidies and environmental concerns positively moderate the impact of climate policy uncertainty on green innovation in Chinese agribusiness. The study shows that state-owned enterprises were more influenced than private enterprises. Green innovation in agricultural enterprises has a notably more significant impact in the eastern region of China.

Suggested Citation

  • Li, Jinning & Kong, Tao & Gu, Liangliang, 2024. "The impact of climate policy uncertainty on green innovation in Chinese agricultural enterprises," Finance Research Letters, Elsevier, vol. 62(PA).
    • Handle: RePEc:eee:finlet:v:62:y:2024:i:pa:s1544612324001752
    DOI: 10.1016/j.frl.2024.105145
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    References listed on IDEAS

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    Cited by:

    1. Dong, Zhenlin & Wang, Junzhi, 2024. "Does public data access stimulate the efficiency of corporate green innovation?," Finance Research Letters, Elsevier, vol. 65(C).
    2. Niu, Hongli & Hu, Wenwen, 2024. "Static and dynamic interdependencies among natural gas, stocks of global major economies and uncertainty," Resources Policy, Elsevier, vol. 94(C).

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    More about this item

    Keywords

    Climate policy uncertainty; Green innovation in agricultural enterprises; Government environmental subsidies;
    All these keywords.

    JEL classification:

    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation

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