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The Heterogeneous Relationship between Pollution Charges and Enterprise Green Technology Innovation, Based on the Data of Chinese Industrial Enterprises

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  • Mingyue Wang

    (Institutes of Science and Development, Chinese Academy of Sciences, No. 15, Zhongguancun Beiyitiao, Haidian District, Beijing 100190, China)

  • Yingming Li

    (Institutes of Science and Development, Chinese Academy of Sciences, No. 15, Zhongguancun Beiyitiao, Haidian District, Beijing 100190, China
    School of Public Policy and Management, Chinese Academy of Sciences, No. 19(A) Yuquan Road, Shijingshan District, Beijing 100049, China)

  • Zitong Wang

    (Institutes of Science and Development, Chinese Academy of Sciences, No. 15, Zhongguancun Beiyitiao, Haidian District, Beijing 100190, China
    School of Public Policy and Management, Chinese Academy of Sciences, No. 19(A) Yuquan Road, Shijingshan District, Beijing 100049, China)

  • Junqiang Li

    (School of Economics and Management, Tongji University, Tongji Building A, Siping Road 1500, Yangpu District, Shanghai 200092, China)

Abstract

Enterprises’ green technology innovation is critical to achieving the “win-win” of enterprise competitiveness and environmental protection. The impact of environmental regulation on green technology innovation by enterprises has been widely considered, but the conclusion has not yet been determined, and needs to be studied in detail. To this end, we studied the impact of pollution charge policy on different types of green technology innovation by industrial enterprises in China. We found that (1) the impact of pollution charges on most types of green technology innovation by enterprises has increased significantly over time; (2) the pollution charge policy has a certain inhibition effect on the end-of-pipe technology innovation, but can promote the process improvement of reducing industrial wastewater emissions; (3) there is a U -shaped relationship between the pollution charges and some green technological innovation (e.g., emission intensity of SO 2 , industrial wastewater emission intensity, and industrial wastewater removal intensity), which is dynamically adjusted over time; and (4) the larger the enterprise’s solid assets, the faster the asset depreciation will inhibit the enterprise from adopting the green process innovation strategy.

Suggested Citation

  • Mingyue Wang & Yingming Li & Zitong Wang & Junqiang Li, 2022. "The Heterogeneous Relationship between Pollution Charges and Enterprise Green Technology Innovation, Based on the Data of Chinese Industrial Enterprises," Energies, MDPI, vol. 15(5), pages 1-20, February.
    • Handle: RePEc:gam:jeners:v:15:y:2022:i:5:p:1663-:d:756669
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    Cited by:

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    5. Mingyue Wang & Junbi Zhou & Xiaojin Xia & Zitong Wang, 2022. "The Mixed Impact of Environmental Regulations and External Financing Constraints on Green Technological Innovation of Enterprise," IJERPH, MDPI, vol. 19(19), pages 1-18, September.

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