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Environmental Regulations, Green Technological Innovation, and Green Economy: Evidence from China

Author

Listed:
  • Chenggang Wang

    (School of Economics and Business Administration, Heilongjiang University, Harbin 150001, China
    School of Economics and Management, Harbin Engineering University, Harbin 150006, China)

  • Danli Du

    (School of Economics and Management, Harbin Engineering University, Harbin 150006, China)

  • Tiansen Liu

    (School of Economics and Management, Harbin Engineering University, Harbin 150006, China)

  • Xiaohuan Li

    (Publicity Department, Harbin University, Harbin 150006, China)

  • Yue Zhu

    (School of Economics and Business Administration, Heilongjiang University, Harbin 150001, China)

  • Wenhui Du

    (School of Economics and Business Administration, Heilongjiang University, Harbin 150001, China)

  • Fan Xu

    (School of Economics and Business Administration, Heilongjiang University, Harbin 150001, China)

  • Mingtong Yan

    (School of Economics and Business Administration, Heilongjiang University, Harbin 150001, China)

  • Junxin Chen

    (School of Economics and Business Administration, Heilongjiang University, Harbin 150001, China)

Abstract

With the advancement of the green economy, the influence of the environmental regulations on green technological innovation and the green economy is increasingly expanding. This paper investigates the impact of the environmental regulations and corporate green technological innovation on the green economy. We hope to explore how the environmental regulations affect the green economy through corporate green innovation. Thus, the research aims to enhance our understanding of the impact of the environmental regulations on the green economy. By incorporating the fixed-effects models, mediation models, spatial models, and regression analysis, this paper unveils the impact process of the environmental regulations on the green economy. The research findings are as follows: (1) The environmental regulations show the direct capacity to facilitate the elevation of the green economy. (2) Through the mediating variable of corporate green technological innovation, the environmental regulations could indirectly enhance the green economy. (3) Significant spatial correlations exist between the environmental regulations and corporate green technological innovation activities across the different regions in China. (4) Substantial disparities are evident in the relationships among the environmental regulations, green technological innovation, and the green economy across the various regions in China. The findings presented in this paper serve to broaden the scope of research on the relationship between the environmental regulations and the green economy. Moreover, it offers essential insights for the relevant government authorities and businesses in formulating management policies.

Suggested Citation

  • Chenggang Wang & Danli Du & Tiansen Liu & Xiaohuan Li & Yue Zhu & Wenhui Du & Fan Xu & Mingtong Yan & Junxin Chen, 2024. "Environmental Regulations, Green Technological Innovation, and Green Economy: Evidence from China," Sustainability, MDPI, vol. 16(13), pages 1-24, June.
    • Handle: RePEc:gam:jsusta:v:16:y:2024:i:13:p:5630-:d:1426514
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    References listed on IDEAS

    as
    1. Fangming Xie & Yali Liu & Mengman Yang, 2023. "Spatial spillover effect of environmental regulation on regional economic growth," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(7), pages 7149-7160, July.
    2. N. Helberger & M. Sax & J. Strycharz & H.-W. Micklitz, 2022. "Choice Architectures in the Digital Economy: Towards a New Understanding of Digital Vulnerability," Journal of Consumer Policy, Springer, vol. 45(2), pages 175-200, June.
    Full references (including those not matched with items on IDEAS)

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