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How Do Environmental Technology Standards Affect the Green Transformation? New Evidence from China

During the period of high-quality development in China, environmental regulations have been regarded as powerful exogenous forces, especially for accelerating the green transformation of the manufacturing industry. Treating the first implementation of cleaner production industry standard policies in...

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Detalles Bibliográficos
Autores principales: Zhang, Xiufeng, Li, Yan, Shi, Ke, Feng, Yanchao
Formato: Online Artículo Texto
Lenguaje:English
Publicado: MDPI 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9140586/
https://www.ncbi.nlm.nih.gov/pubmed/35627419
http://dx.doi.org/10.3390/ijerph19105883
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author Zhang, Xiufeng
Li, Yan
Shi, Ke
Feng, Yanchao
author_facet Zhang, Xiufeng
Li, Yan
Shi, Ke
Feng, Yanchao
author_sort Zhang, Xiufeng
collection PubMed
description During the period of high-quality development in China, environmental regulations have been regarded as powerful exogenous forces, especially for accelerating the green transformation of the manufacturing industry. Treating the first implementation of cleaner production industry standard policies in 2003 as a quasi-natural experiment, and employing the difference-in-differences (DID) model, this paper discusses the impacts of environmental technology standards on the green transformation of the manufacturing industry in China, with systematic consideration of three technological modification mechanisms, including terminal governance, capital renewal, and resource structure adjustments. The results show that: (1) environmental technology standards can have “win–win” effects, i.e., environmental technology standards can simultaneously improve the environmental performance and the economic performance; (2) the dynamic effects of environmental technology standards are proven in the parallel trend test; (3) environmental technology standards can not only promote the green transformation of the manufacturing industry directly, but can also mediate the effects of terminal governance, capital renewal, and resource structure adjustments. In summary, this paper makes four suggestions for government actions, namely re-examining command-and-control environmental regulations, paying attention to environmental regulation tools, changing the mechanism from technological modification to technological innovation, and updating environmental technology standards regularly.
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spelling pubmed-91405862022-05-28 How Do Environmental Technology Standards Affect the Green Transformation? New Evidence from China Zhang, Xiufeng Li, Yan Shi, Ke Feng, Yanchao Int J Environ Res Public Health Article During the period of high-quality development in China, environmental regulations have been regarded as powerful exogenous forces, especially for accelerating the green transformation of the manufacturing industry. Treating the first implementation of cleaner production industry standard policies in 2003 as a quasi-natural experiment, and employing the difference-in-differences (DID) model, this paper discusses the impacts of environmental technology standards on the green transformation of the manufacturing industry in China, with systematic consideration of three technological modification mechanisms, including terminal governance, capital renewal, and resource structure adjustments. The results show that: (1) environmental technology standards can have “win–win” effects, i.e., environmental technology standards can simultaneously improve the environmental performance and the economic performance; (2) the dynamic effects of environmental technology standards are proven in the parallel trend test; (3) environmental technology standards can not only promote the green transformation of the manufacturing industry directly, but can also mediate the effects of terminal governance, capital renewal, and resource structure adjustments. In summary, this paper makes four suggestions for government actions, namely re-examining command-and-control environmental regulations, paying attention to environmental regulation tools, changing the mechanism from technological modification to technological innovation, and updating environmental technology standards regularly. MDPI 2022-05-12 /pmc/articles/PMC9140586/ /pubmed/35627419 http://dx.doi.org/10.3390/ijerph19105883 Text en © 2022 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
Zhang, Xiufeng
Li, Yan
Shi, Ke
Feng, Yanchao
How Do Environmental Technology Standards Affect the Green Transformation? New Evidence from China
title How Do Environmental Technology Standards Affect the Green Transformation? New Evidence from China
title_full How Do Environmental Technology Standards Affect the Green Transformation? New Evidence from China
title_fullStr How Do Environmental Technology Standards Affect the Green Transformation? New Evidence from China
title_full_unstemmed How Do Environmental Technology Standards Affect the Green Transformation? New Evidence from China
title_short How Do Environmental Technology Standards Affect the Green Transformation? New Evidence from China
title_sort how do environmental technology standards affect the green transformation? new evidence from china
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9140586/
https://www.ncbi.nlm.nih.gov/pubmed/35627419
http://dx.doi.org/10.3390/ijerph19105883
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