科研管理

科研管理 ›› 2016, Vol. 37 ›› Issue (5): 33-41.

• 论文 • 上一篇    下一篇

环境规制对企业全要素生产率的影响机制研究

刘和旺1,郑世林2,左文婷1   

  1. 1.湖北大学商学院，湖北 武汉430062；
    2.中国社会科学院数量经济与技术经济研究所，北京100732
  • 收稿日期:2015-05-22 修回日期:2016-03-10 出版日期:2016-05-20 发布日期:2016-05-06
  • 通讯作者: 刘和旺
  • 基金资助:

    国家社科基金项目（12BJL040,2012-2016）;国家自然科学基金面上项目（71573272,2016-2019）。

The influence mechanism of environmental regulation on TFP of enterprises

Liu Hewang1, Zheng Shilin2, Zuo Wenting1   

  1. 1. Business School, Hubei University, Wuhan 430062, Hubei, China;
    2.Institute of Quantitative and Technical Economics, CASS, Beijing 100732, China
  • Received:2015-05-22 Revised:2016-03-10 Online:2016-05-20 Published:2016-05-06

摘要： 在经济新常态下，经济发展与环境保护之间的关系，成为政府和学界关注的热点话题。本文利用省级层面的环境规制数据和微观层面的中国工业企业的数据，实证检验了中国地区环境规制强度对企业全要素生产率的影响及其机制。研究发现，地区环境规制强度与企业全要素生产率之间存在倒U型关系，即随着环境规制强度的提高，企业全要素生产率会逐渐提高，但环境规制强度提高到一定程度后，企业的全要素生产率会下降。研究进一步发现，适宜的环境规制强度能激发企业的“创新补偿效应”，从而不断弥补创新的“遵循成本”，提高企业的全要素生产率。本文使用了不同的环境规制强度指标，进行了稳健性检验，并用环保人数作为环境规制强度的工具变量来克服可能存在的内生性问题。研究结果表明，实施严格且适宜的环境规制可以实现环境保护和生产率提高的“双赢”结果。

关键词: 环境规制, 全要素生产率, 波特假说, 半参数

Abstract: Based on China's industrial database datum, this paper empirically examines whether and how environmental regulatory stringency effects on the Total Factor Productivity(TFP) of enterprises. The study finds that the environmental regulatory stringency has an inverted U-shape in the TFP of enterprises, namely, the TFP of enterprises gradually increase with the increase of regulatory stringency, however, when environmental regulatory stringency increases to a certain extent TFP of enterprises will decline. Further study finds that the appropriate environmental regulation triggers cost-saving innovation more than compensates for the cost of compliance to improve the TFP of enterprises. This paper conducts Robustness Test using different indicators of regulatory stringency and instrumental variable. These results show that the more stringent and properly designed environmental regulation leads to win-win effects between environmental protection and enterprise productivity gains.

Key words: environmental regulation, total factor productivity, Porter Hypothesis, semi-parameter