IDEAS home Printed from https://ideas.repec.org/a/gam/jijerp/v19y2022i18p11614-d915389.html
   My bibliography  Save this article

Impact of Environmental Information Disclosure Policy and Trade on Chinese Paper Industry Environmental Effects

Author

Listed:
  • Shuo Feng

    (College of Economics and Management, Shenyang Agricultural University, Shenyang 110866, China)

  • Ke Chen

    (College of Economics and Management, Shenyang Agricultural University, Shenyang 110866, China)

Abstract

While participation in the international division of labor has led to rapid economic development, it has also resulted in pressing environmental issues in China. In the context of “building a resource-saving and environment-friendly society” and the current sustainability requirements, research on the environmental impact of Chinese paper companies from the perspective of Environmental Information Disclosure (EID) policy and trade has not yet reached a consensus. This study constructs an analytical framework for the EID policy impact mechanism and trade on the environmental effects of the paper industry and enterprises. It explores the direct and indirect effects of EID policy and import-and-export trade on the paper industry environmental effects using the Propensity Score Matching and Difference-in-Differences (PSM-DID) model. EID positively impacts the pollution reduction of enterprises mainly through the technical effect. Export trade positively impacts the reduction of enterprises’ emissions through the technology effect. However, the demand of the international market increases the pollution from the paper industries, which has a negative impact. Importing will enable enterprises to obtain greater price advantages which can alleviate and transfer the costs brought by EID. This study analyzes the impact of trade on the environmental effects of Chinese paper enterprises and identifies the impact of China’s EID policy and trade on enterprises’ pollution emissions. It provides a theoretical and practical foundation for the Chinese government to formulate environmental and trade policies.

Suggested Citation

  • Shuo Feng & Ke Chen, 2022. "Impact of Environmental Information Disclosure Policy and Trade on Chinese Paper Industry Environmental Effects," IJERPH, MDPI, vol. 19(18), pages 1-20, September.
    • Handle: RePEc:gam:jijerp:v:19:y:2022:i:18:p:11614-:d:915389
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1660-4601/19/18/11614/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1660-4601/19/18/11614/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Morgenstern, Richard D. & Pizer, William A. & Shih, Jhih-Shyang, 2002. "Jobs Versus the Environment: An Industry-Level Perspective," Journal of Environmental Economics and Management, Elsevier, vol. 43(3), pages 412-436, May.
    2. Brian R. Copeland & M. Scott Taylor, 1994. "North-South Trade and the Environment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(3), pages 755-787.
    3. Daniel A. Ackerberg & Kevin Caves & Garth Frazer, 2015. "Identification Properties of Recent Production Function Estimators," Econometrica, Econometric Society, vol. 83, pages 2411-2451, November.
    4. Brandt, Loren & Van Biesebroeck, Johannes & Zhang, Yifan, 2012. "Creative accounting or creative destruction? Firm-level productivity growth in Chinese manufacturing," Journal of Development Economics, Elsevier, vol. 97(2), pages 339-351.
    5. Zhenhua Zhang & Jingxue Zhang & Yanchao Feng, 2021. "Assessment of the Carbon Emission Reduction Effect of the Air Pollution Prevention and Control Action Plan in China," IJERPH, MDPI, vol. 18(24), pages 1-13, December.
    6. Shi, Daqian & Bu, Caiqi & Xue, Huiyuan, 2021. "Deterrence effects of disclosure: The impact of environmental information disclosure on emission reduction of firms," Energy Economics, Elsevier, vol. 104(C).
    7. Cole, Matthew A. & Elliott, Robert J.R. & Wu, Shanshan, 2008. "Industrial activity and the environment in China: An industry-level analysis," China Economic Review, Elsevier, vol. 19(3), pages 393-408, September.
    8. Hettige, Hemamala & Lucas, Robert E B & Wheeler, David, 1992. "The Toxic Intensity of Industrial Production: Global Patterns, Trends, and Trade Policy," American Economic Review, American Economic Association, vol. 82(2), pages 478-481, May.
    9. Michael Greenstone, 2002. "The Impacts of Environmental Regulations on Industrial Activity: Evidence from the 1970 and 1977 Clean Air Act Amendments and the Census of Manufactures," Journal of Political Economy, University of Chicago Press, vol. 110(6), pages 1175-1219, December.
    10. Werner Antweiler & Brian R. Copeland & M. Scott Taylor, 2001. "Is Free Trade Good for the Environment?," American Economic Review, American Economic Association, vol. 91(4), pages 877-908, September.
    11. Daly, Herman & Goodland, Robert, 1994. "An ecological-economic assessment of deregulation of international commerce under GATT," Ecological Economics, Elsevier, vol. 9(1), pages 73-92, January.
    12. Zheng, Shiming & Yao, Rongrong & Zou, Ke, 2022. "Provincial environmental inequality in China: Measurement, influence, and policy instrument choice," Ecological Economics, Elsevier, vol. 200(C).
    13. Cees Van Beers & Jeroen C. J. M. Van Den Bergh, 1997. "An Empirical Multi‐Country Analysis of the Impact of Environmental Regulations on Foreign Trade Flows," Kyklos, Wiley Blackwell, vol. 50(1), pages 29-46, February.
    14. Zhenhua Zhang & Guoxing Zhang & Shunfeng Song & Bin Su, 2020. "Spatial Heterogeneity Influences of Environmental Control and Informal Regulation on Air Pollutant Emissions in China," IJERPH, MDPI, vol. 17(13), pages 1-22, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yunlong Cheng & Jian Yang, 2023. "Spatial and Temporal Divergence in the Coupling Coordination of Digital Economy, Environmental Regulation and Sustainable Development: An Experience Study in China," Sustainability, MDPI, vol. 15(12), pages 1-16, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jean-Marie Grether & Jaime de Melo, 2004. "Globalization and Dirty Industries: Do Pollution Havens Matter?," NBER Chapters, in: Challenges to Globalization: Analyzing the Economics, pages 167-203, National Bureau of Economic Research, Inc.
    2. Brian Chi-ang Lin & Siqi Zheng & Maximilian Auffhammer & Weizeng Sun & Jianfeng Wu & Siqi Zheng, 2016. "The Decomposition And Dynamics Of Industrial Carbon Dioxide Emissions For 287 Chinese Cities In 1998–2009," Journal of Economic Surveys, Wiley Blackwell, vol. 30(3), pages 460-481, July.
    3. Brian R. Copeland & M. Scott Taylor, 2004. "Trade, Growth, and the Environment," Journal of Economic Literature, American Economic Association, vol. 42(1), pages 7-71, March.
    4. Haixiao Huang, Walter C. Labys, 2002. "Environment and trade: a review of issues and methods," International Journal of Global Environmental Issues, Inderscience Enterprises Ltd, vol. 2(1/2), pages 100-160.
    5. He, Jie, 2010. "What is the role of openness for China's aggregate industrial SO2 emission?: A structural analysis based on the Divisia decomposition method," Ecological Economics, Elsevier, vol. 69(4), pages 868-886, February.
    6. Cui, Jingbo & Lapan, Harvey E. & Moschini, GianCarlo, 2012. "Are exporters more environmentally friendly than non-exporters? Theory and evidence," ISU General Staff Papers 201210040700001076, Iowa State University, Department of Economics.
    7. Copeland, Brian R., 2005. "Policy Endogeneity and the Effects of Trade on the Environment," Agricultural and Resource Economics Review, Cambridge University Press, vol. 34(1), pages 1-15, April.
    8. Sun, Chuanwang & Tie, Ying & Yu, Lili, 2024. "How to achieve both environmental protection and firm performance improvement: Based on China's carbon emissions trading (CET) policy," Energy Economics, Elsevier, vol. 130(C).
    9. Fernando Broner & Paula Bustos & Vasco Carvalho, 2011. "Sources of comparative advantage in polluting industries," Economics Working Papers 1331, Department of Economics and Business, Universitat Pompeu Fabra, revised Dec 2019.
    10. Joseph S. Shapiro & Reed Walker, 2018. "Why Is Pollution from US Manufacturing Declining? The Roles of Environmental Regulation, Productivity, and Trade," American Economic Review, American Economic Association, vol. 108(12), pages 3814-3854, December.
    11. Jie HE, 2005. "Economic Determinants for China’s Industrial SO2 Emission: Reduced vs. Structural form and the role of international trade," Working Papers 200505, CERDI.
    12. Xu, Hao & Xu, Jingxuan & Wang, Jie & Hou, Xiang, 2023. "Reduce production or increase efficiency? Hazardous air pollutants regulation, energy use, and the synergistic effect on industrial enterprises' carbon emission," Energy Economics, Elsevier, vol. 126(C).
    13. Guan, Jin & He, Dongwei & Zhu, Qigui, 2022. "More incentive, less pollution: The influence of official appraisal system reform on environmental enforcement," Resource and Energy Economics, Elsevier, vol. 67(C).
    14. Udo Kreickemeier & Philipp M. Richter, 2014. "Trade and the Environment: The Role of Firm Heterogeneity," Review of International Economics, Wiley Blackwell, vol. 22(2), pages 209-225, May.
    15. Liu, Shaohui & Liu, Chuanjiang & Yang, Mian, 2022. "Greening of Chinese industrial sector: Stakeholders' responsiveness to non-governmental environmental monitoring," China Economic Review, Elsevier, vol. 72(C).
    16. Ying She & Yaobin Liu & Yangu Deng & Lei Jiang, 2020. "Can China’s Government-Oriented Environmental Regulation Reduce Water Pollution? Evidence from Water Pollution Intensive Firms," Sustainability, MDPI, vol. 12(19), pages 1-19, September.
    17. He, Jie, 2005. "Estimating the economic cost of China's new desulfur policy during her gradual accession to WTO: The case of industrial SO2 emission," China Economic Review, Elsevier, vol. 16(4), pages 364-402.
    18. Mulatu, Abay & Gerlagh, Reyer & Rigby, Dan & Wossink, Ada, 2009. "Environmental Regulation and Industry Location," Economic Theory and Applications Working Papers 47176, Fondazione Eni Enrico Mattei (FEEM).
    19. Edward Manderson & Richard Kneller, 2012. "Environmental Regulations, Outward FDI and Heterogeneous Firms: Are Countries Used as Pollution Havens?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 51(3), pages 317-352, March.
    20. Richter, Philipp M. & Schiersch, Alexander, 2017. "CO2 emission intensity and exporting: Evidence from firm-level data," European Economic Review, Elsevier, vol. 98(C), pages 373-391.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jijerp:v:19:y:2022:i:18:p:11614-:d:915389. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.