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Government green procurement policies and corporate green total factor productivity

Author

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  • Zhang, Zhaoting
  • Zhang, Lei

Abstract

This paper empirically examines the impact of government green procurement policies on corporate green total factor productivity, based on the context of China's capital market. By constructing a difference-in-differences model, the empirical results indicate that government green procurement policies significantly enhance corporate green total factor productivity. The conclusions remain valid after a series of robustness tests. Heterogeneity analysis reveals that the positive impact of government green procurement policies on corporate green total factor productivity is more pronounced in non-state-owned enterprises and companies in regions with lower levels of marketization.

Suggested Citation

  • Zhang, Zhaoting & Zhang, Lei, 2024. "Government green procurement policies and corporate green total factor productivity," Finance Research Letters, Elsevier, vol. 65(C).
    • Handle: RePEc:eee:finlet:v:65:y:2024:i:c:s1544612324005865
    DOI: 10.1016/j.frl.2024.105556
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