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Does the Construction of a Water Ecological Civilization City Improve Green Total Factor Productivity? Evidence from a Quasi-Natural Experiment in China

Taking Water Ecological City Pilot (WECP) policy as a quasi-natural experiment, this paper adopts the PSM-DID method to investigate the impact of the WECP policy on the green total factor productivity (GTFP) of China’s prefecture-level cities. The results show that the implementation of the WECP pol...

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Detalles Bibliográficos
Autores principales: Fan, Hongzhong, Tao, Shuang, Hashmi, Shujahat Haider
Formato: Online Artículo Texto
Lenguaje:English
Publicado: MDPI 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8623374/
https://www.ncbi.nlm.nih.gov/pubmed/34831581
http://dx.doi.org/10.3390/ijerph182211829
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author Fan, Hongzhong
Tao, Shuang
Hashmi, Shujahat Haider
author_facet Fan, Hongzhong
Tao, Shuang
Hashmi, Shujahat Haider
author_sort Fan, Hongzhong
collection PubMed
description Taking Water Ecological City Pilot (WECP) policy as a quasi-natural experiment, this paper adopts the PSM-DID method to investigate the impact of the WECP policy on the green total factor productivity (GTFP) of China’s prefecture-level cities. The results show that the implementation of the WECP policy significantly inhibits the improvement of GTFP. Furthermore, we find the implementation of the WECP policy has squeezed out government technological expenditures to some extent and aggravated the compliance cost of enterprises, which has not caused the “innovation compensation effect”, thus failing to improve GTFP. The heterogeneity analyses show that the policy effects vary with the imbalance of China’s regional development and resource endowments. Developed regions can better overcome the possible negative impact that comes with policy implementation. Governments need to formulate different policy strategies and plans from an overall macro perspective.
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spelling pubmed-86233742021-11-27 Does the Construction of a Water Ecological Civilization City Improve Green Total Factor Productivity? Evidence from a Quasi-Natural Experiment in China Fan, Hongzhong Tao, Shuang Hashmi, Shujahat Haider Int J Environ Res Public Health Article Taking Water Ecological City Pilot (WECP) policy as a quasi-natural experiment, this paper adopts the PSM-DID method to investigate the impact of the WECP policy on the green total factor productivity (GTFP) of China’s prefecture-level cities. The results show that the implementation of the WECP policy significantly inhibits the improvement of GTFP. Furthermore, we find the implementation of the WECP policy has squeezed out government technological expenditures to some extent and aggravated the compliance cost of enterprises, which has not caused the “innovation compensation effect”, thus failing to improve GTFP. The heterogeneity analyses show that the policy effects vary with the imbalance of China’s regional development and resource endowments. Developed regions can better overcome the possible negative impact that comes with policy implementation. Governments need to formulate different policy strategies and plans from an overall macro perspective. MDPI 2021-11-11 /pmc/articles/PMC8623374/ /pubmed/34831581 http://dx.doi.org/10.3390/ijerph182211829 Text en © 2021 by the authors. https://creativecommons.org/licenses/by/4.0/Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
spellingShingle Article
Fan, Hongzhong
Tao, Shuang
Hashmi, Shujahat Haider
Does the Construction of a Water Ecological Civilization City Improve Green Total Factor Productivity? Evidence from a Quasi-Natural Experiment in China
title Does the Construction of a Water Ecological Civilization City Improve Green Total Factor Productivity? Evidence from a Quasi-Natural Experiment in China
title_full Does the Construction of a Water Ecological Civilization City Improve Green Total Factor Productivity? Evidence from a Quasi-Natural Experiment in China
title_fullStr Does the Construction of a Water Ecological Civilization City Improve Green Total Factor Productivity? Evidence from a Quasi-Natural Experiment in China
title_full_unstemmed Does the Construction of a Water Ecological Civilization City Improve Green Total Factor Productivity? Evidence from a Quasi-Natural Experiment in China
title_short Does the Construction of a Water Ecological Civilization City Improve Green Total Factor Productivity? Evidence from a Quasi-Natural Experiment in China
title_sort does the construction of a water ecological civilization city improve green total factor productivity? evidence from a quasi-natural experiment in china
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8623374/
https://www.ncbi.nlm.nih.gov/pubmed/34831581
http://dx.doi.org/10.3390/ijerph182211829
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