Liability Structure and Carbon Emissions Abatement: Evidence from Chinese Manufacturing Enterprises
Author
Abstract
Suggested Citation
DOI: 10.1007/s10640-022-00649-2
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Croce, M.M. & Nguyen, Thien T. & Raymond, S. & Schmid, L., 2019. "Government debt and the returns to innovation," Journal of Financial Economics, Elsevier, vol. 132(3), pages 205-225.
- Barrows, Geoffrey & Ollivier, Hélène, 2021.
"Foreign demand, developing country exports, and CO2 emissions: Firm-level evidence from India,"
Journal of Development Economics, Elsevier, vol. 149(C).
- Geoffrey Barrows & Hélène Ollivier, 2020. "Foreign Demand, Developing Country Exports, and CO2 Emissions: Firm-Level Evidence from India," Working Papers halshs-01945848, HAL.
- Hélène Ollivier & Geoffrey Barrows, 2021. "Foreign Demand, Developing Country Exports, and CO2 Emissions: Firm-Level Evidence from India," Post-Print halshs-03029861, HAL.
- Geoffrey Barrows & Hélène Ollivier, 2020. "Foreign Demand, Developing Country Exports, and CO2 Emissions: Firm-Level Evidence from India," PSE Working Papers halshs-01945848, HAL.
- Hélène Ollivier & Geoffrey Barrows, 2021. "Foreign Demand, Developing Country Exports, and CO2 Emissions: Firm-Level Evidence from India," PSE-Ecole d'économie de Paris (Postprint) halshs-03029861, HAL.
- Chang, Xin & Chen, Yangyang & Wang, Sarah Qian & Zhang, Kuo & Zhang, Wenrui, 2019. "Credit default swaps and corporate innovation," Journal of Financial Economics, Elsevier, vol. 134(2), pages 474-500.
- Sun, YongPing & Xue, JinJun & Shi, XunPeng & Wang, KeYing & Qi, ShaoZhou & Wang, Lei & Wang, Cheng, 2019. "A dynamic and continuous allowances allocation methodology for the prevention of carbon leakage: Emission control coefficients," Applied Energy, Elsevier, vol. 236(C), pages 220-230.
- Lei Zhu, Xu Wang, and Dayong Zhang, 2020. "Identifying Strategic Traders in China's Pilot Carbon Emissions Trading Scheme," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 123-142.
- Elder, John & Serletis, Apostolos, 2009. "Oil price uncertainty in Canada," Energy Economics, Elsevier, vol. 31(6), pages 852-856, November.
- Jessica Jewell & David McCollum & Johannes Emmerling & Christoph Bertram & David E. H. J. Gernaat & Volker Krey & Leonidas Paroussos & Loïc Berger & Kostas Fragkiadakis & Ilkka Keppo & Nawfal Saadi & , 2018.
"Limited emission reductions from fuel subsidy removal except in energy-exporting regions,"
Nature, Nature, vol. 554(7691), pages 229-233, February.
- Jessica Jewell & David Mccollum & Johannes Emmerling & Christoph Bertram & David Gernaat & Volker Krey & Leonidas Paroussos & Loïc Berger & Kostas Fragkiadakis & Ilkka Keppo & Nawfal Saadi & Massimo T, 2018. "Limited emission reductions from fuel subsidy removal except in energy-exporting regions," Post-Print hal-03027152, HAL.
- Jessica Jewell & David Mccollum & Johannes Emmerling & Christoph Bertram & David Gernaat & Volker Krey & Leonidas Paroussos & Loïc Berger & Kostas Fragkiadakis & Ilkka Keppo & Nawfal Saadi & Massimo T, 2018. "Limited emission reductions from fuel subsidy removal except in energy-exporting regions," Post-Print hal-01744617, HAL.
- John Elder & Apostolos Serletis, 2010.
"Oil Price Uncertainty,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(6), pages 1137-1159, September.
- John Elder & Apostolos Serletis, 2010. "Oil Price Uncertainty," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(6), pages 1137-1159, September.
- Xunpeng Shi & R. Grafton, 2010. "Efficiency impacts of the Chinese industrial transition: a quantitative evaluation of reforms in the coal industry," Economic Change and Restructuring, Springer, vol. 43(1), pages 1-19, February.
- Emmanuel Bovari & Oskar Lecuyer & Florent Mc Isaac, 2018.
"Debt and damages: What are the chances of staying under the 2C warming threshold?,"
International Economics, CEPII research center, issue 155, pages 92-108.
- Bovari, Emmanuel & Lecuyer, Oskar & Mc Isaac, Florent, 2018. "Debt and damages: What are the chances of staying under the 2°C warming threshold?," International Economics, Elsevier, vol. 155(C), pages 92-108.
- Florent MCISAAC & Oskar LECUYER & Emmanuel BOVARI, 2017. "Debt and damages: what are the chances of staying under the 2°C warming threshold?," Working Paper c4d3544b-f639-405a-9f76-c, Agence française de développement.
- Le, Thai-Ha & Chang, Youngho & Park, Donghyun, 2016. "Trade openness and environmental quality: International evidence," Energy Policy, Elsevier, vol. 92(C), pages 45-55.
- Jiang, Jinglu & Liu, Bo & Yang, Jinqiang, 2019. "The impact of debt restructuring on firm investment: Evidence from China," Economic Modelling, Elsevier, vol. 81(C), pages 325-337.
- Forslid, Rikard & Okubo, Toshihiro & Ulltveit-Moe, Karen Helene, 2018.
"Why are firms that export cleaner? International trade, abatement and environmental emissions,"
Journal of Environmental Economics and Management, Elsevier, vol. 91(C), pages 166-183.
- Forslid, Rikard & Okubo, Toshihiro & Ulltveit-Moe, Karen Helene, 2015. "Why are firms that export cleaner? International trade, Abatement and Environmental Emissions," Research Papers in Economics 2015:2, Stockholm University, Department of Economics.
- Toshihiro Okubo & Rikard Forslid & Karen Helene Ulltveit-Moe, 2018. "Why are Firms that Export Cleaner? International Trade, Abatement and Environmental Emissions," Keio-IES Discussion Paper Series 2018-013, Institute for Economics Studies, Keio University.
- Sourafel Girma & Aoife Hanley, 2015.
"How Green are Exporters?,"
Scottish Journal of Political Economy, Scottish Economic Society, vol. 62(3), pages 291-309, July.
- Girma, Sourafel & Hanley, Aoife, 2013. "How green are exporters?," Kiel Working Papers 1887, Kiel Institute for the World Economy (IfW Kiel).
- Billette de Villemeur, Etienne & Leroux, Justin, 2019.
"Tradable climate liabilities: A thought experiment,"
Ecological Economics, Elsevier, vol. 164(C), pages 1-1.
- Étienne Billette de Villemeur & Justin Leroux, 2018. "Tradable Climate Liabilities: A Thought Experiment," CIRANO Working Papers 2018s-43, CIRANO.
- Etienne Billette de Villemeur & Justin Leroux, 2019. "Tradable climate liabilities: A thought experiment," Post-Print hal-02504760, HAL.
- Gebauer, Stefan & Setzer, Ralph & Westphal, Andreas, 2018. "Corporate debt and investment: A firm-level analysis for stressed euro area countries," Journal of International Money and Finance, Elsevier, vol. 86(C), pages 112-130.
- Bernardo, Márcio R. & Campani, Carlos Heitor, 2019. "Liability driven investment with alternative assets: Evidence from Brazil," Emerging Markets Review, Elsevier, vol. 41(C).
- Zhang, Wei & Li, Jing & Li, Guoxiang & Guo, Shucen, 2020. "Emission reduction effect and carbon market efficiency of carbon emissions trading policy in China," Energy, Elsevier, vol. 196(C).
- Cheng, Dong & Shi, Xunpeng & Yu, Jian & Zhang, Dayong, 2019. "How does the Chinese economy react to uncertainty in international crude oil prices?," International Review of Economics & Finance, Elsevier, vol. 64(C), pages 147-164.
- Eichholtz, Piet & Holtermans, Rogier & Kok, Nils & Yönder, Erkan, 2019. "Environmental performance and the cost of debt: Evidence from commercial mortgages and REIT bonds," Journal of Banking & Finance, Elsevier, vol. 102(C), pages 19-32.
- Yu, Jian & Shi, Xunpeng & Guo, Dongmei & Yang, Longjian, 2021. "Economic policy uncertainty (EPU) and firm carbon emissions: Evidence using a China provincial EPU index," Energy Economics, Elsevier, vol. 94(C).
- Ferraro, Domenico & Peretto, Pietro F., 2020. "Innovation-led growth in a time of debt," European Economic Review, Elsevier, vol. 121(C).
- Zhang, Dayong & Ji, Qiang & Kutan, Ali M., 2019. "Dynamic transmission mechanisms in global crude oil prices: Estimation and implications," Energy, Elsevier, vol. 175(C), pages 1181-1193.
- Wurlod, Jules-Daniel & Noailly, Joëlle, 2018.
"The impact of green innovation on energy intensity: An empirical analysis for 14 industrial sectors in OECD countries,"
Energy Economics, Elsevier, vol. 71(C), pages 47-61.
- Jules-Daniel Wurlod & Joëlle Noailly, 2016. "The impact of green innovation on energy intensity: an empirical analysis for 14 industrial sectors in OECD countries," CIES Research Paper series 42-2016, Centre for International Environmental Studies, The Graduate Institute.
- Theodore Groves & Yongmiao Hong & John McMillan & Barry Naughton, 1994. "Autonomy and Incentives in Chinese State Enterprises," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(1), pages 183-209.
- Du, Kerui & Li, Pengzhen & Yan, Zheming, 2019. "Do green technology innovations contribute to carbon dioxide emission reduction? Empirical evidence from patent data," Technological Forecasting and Social Change, Elsevier, vol. 146(C), pages 297-303.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Guo, Bingnan & Hu, Peiji & Lin, Ji, 2024. "The effect of digital infrastructure development on enterprise green transformation," International Review of Financial Analysis, Elsevier, vol. 92(C).
- Rongcheng Zhu & Qian Li, 2023. "How has the Internet fostered the greening of enterprises in China? The moderating role of governmental transparency," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(3), pages 1383-1395, April.
- Sadat, Seyyed Ali & Hoex, Bram & Pearce, Joshua M., 2022. "A Review of the Effects of Haze on Solar Photovoltaic Performance," Renewable and Sustainable Energy Reviews, Elsevier, vol. 167(C).
- Yufeng Chen & Zhitao Zhu & Lin Zhuang, 2022. "Exploring the Ecological Performance of China’s Tourism Industry: A Three-Stage Undesirable SBM-DEA Approach with Carbon Footprint," IJERPH, MDPI, vol. 19(22), pages 1-18, November.
- Di Wang & Daozhi Zhao & Fang Chen, 2023. "Research on Financing Strategy of Green Energy-Efficient Supply Chain Based on Blockchain Technology," Energies, MDPI, vol. 16(7), pages 1-23, March.
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.- Yu, Jian & Shi, Xunpeng & Guo, Dongmei & Yang, Longjian, 2021. "Economic policy uncertainty (EPU) and firm carbon emissions: Evidence using a China provincial EPU index," Energy Economics, Elsevier, vol. 94(C).
- Yuping Deng & Yanrui Wu & Helian Xu, 2022. "Emission Reduction and Value-added Export Nexus at Firm Level," Economics Discussion / Working Papers 22-19, The University of Western Australia, Department of Economics.
- Yin, Libo & Yang, Sen, 2023. "Oil price returns and firm's fixed investment: A production pattern," Energy Economics, Elsevier, vol. 125(C).
- Yang, Zhihao & Hong, Junjie, 2021. "Trade policy uncertainty and energy intensity: Evidence from Chinese industrial firms," Energy Economics, Elsevier, vol. 103(C).
- Cheng, Dong & Shi, Xunpeng & Yu, Jian & Zhang, Dayong, 2019. "How does the Chinese economy react to uncertainty in international crude oil prices?," International Review of Economics & Finance, Elsevier, vol. 64(C), pages 147-164.
- Chan, Ying Tung & Dong, Yilin, 2022. "How does oil price volatility affect unemployment rates? A dynamic stochastic general equilibrium model," Economic Modelling, Elsevier, vol. 114(C).
- Śmiech, Sławomir & Papież, Monika & Rubaszek, Michał & Snarska, Małgorzata, 2021. "The role of oil price uncertainty shocks on oil-exporting countries," Energy Economics, Elsevier, vol. 93(C).
- Fan, Zhenjun & Zhang, Zongyi & Zhao, Yanfei, 2021. "Does oil price uncertainty affect corporate leverage? Evidence from China," Energy Economics, Elsevier, vol. 98(C).
- Wang, Shufei & Ma, Xinyu & Zhang, Xiang & Kang, Meiling, 2024. "Can foreign demand shocks reduce the pollution emission intensity? Evidence from exporters in China," Energy Economics, Elsevier, vol. 133(C).
- Yang, Baochen & Song, Xinyu, 2023. "Does oil price uncertainty matter in firm innovation? Evidence from China," International Review of Financial Analysis, Elsevier, vol. 88(C).
- Hossain, Ashrafee & Masum, Abdullah-Al & Saadi, Samir & Benkraiem, Ramzi, 2023. "Generalist CEO and carbon emissions," Journal of Economic Behavior & Organization, Elsevier, vol. 213(C), pages 68-86.
- Gao, Kang & Yuan, Yijun, 2021. "The effect of innovation-driven development on pollution reduction: Empirical evidence from a quasi-natural experiment in China," Technological Forecasting and Social Change, Elsevier, vol. 172(C).
- Dąbrowski, Marek A. & Papież, Monika & Rubaszek, Michał & Śmiech, Sławomir, 2022. "The role of economic development for the effect of oil market shocks on oil-exporting countries. Evidence from the interacted panel VAR model," Energy Economics, Elsevier, vol. 110(C).
- Song, Xinyu & Yang, Baochen, 2022. "Oil price uncertainty, corporate governance and firm performance," International Review of Economics & Finance, Elsevier, vol. 80(C), pages 469-487.
- Fan, Jianyong & Liu, Yu & Zhang, Qi & Zhao, Peng, 2022. "Does government debt impede firm innovation? Evidence from the rise of LGFVs in China," Journal of Banking & Finance, Elsevier, vol. 138(C).
- Yiping Sun & Xiangyi Li & Tengyuan Zhang & Jiawei Fu, 2022. "Does Trade Policy Uncertainty Exacerbate Environmental Pollution?—Evidence from Chinese Cities," IJERPH, MDPI, vol. 19(4), pages 1-21, February.
- Yang, Baochen & An, Haokai & Song, Xinyu, 2024. "Oil price uncertainty and corporate inefficient investment: Evidence from China," The North American Journal of Economics and Finance, Elsevier, vol. 70(C).
- Jaraitė, Jūratė & Kurtyka, Oliwia & Ollivier, Hélène, 2022.
"Take a ride on the (not so) green side: How do CDM projects affect Indian manufacturing firms’ environmental performance?,"
Journal of Environmental Economics and Management, Elsevier, vol. 114(C).
- Jūratė Jaraitė & Oliwia Kurtyka & Hélène Ollivier, 2022. "Take a ride on the (not so) green side: How do CDM projects affect Indian manufacturing firms’ environmental performance?," PSE-Ecole d'économie de Paris (Postprint) halshs-03705780, HAL.
- Jūratė Jaraitė & Oliwia Kurtyka & Hélène Ollivier, 2022. "Take a ride on the (not so) green side: How do CDM projects affect Indian manufacturing firms’ environmental performance?," Post-Print halshs-03705780, HAL.
- Henriques, Irene & Sadorsky, Perry, 2011. "The effect of oil price volatility on strategic investment," Energy Economics, Elsevier, vol. 33(1), pages 79-87, January.
- Hachula, Michael & Hoffmann, Sebastian, 2015. "The output effects of commodity price volatility: Evidence from exporting countries," Discussion Papers 2015/29, Free University Berlin, School of Business & Economics.
More about this item
Keywords
Liability structure; Long-term liability; Relative proportion; Absolute proportion; Carbon emissions abatement;All these keywords.
JEL classification:
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
- P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
- Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
Statistics
Access and download statisticsCorrections
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:kap:enreec:v:83:y:2022:i:2:d:10.1007_s10640-022-00649-2. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.