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The Impact of Economic Growth Target Constraints on Environmental Pollution: Evidence from China
Economic growth target (EGT) has become an essential tool for macroeconomic administration all around the world. This study examines the effect and mechanisms of EGT on environmental pollution (EP) by using economic growth target data from provincial Government Work Reports in China from 2003–2019....
Autores principales: | , , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
MDPI
2023
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9957400/ https://www.ncbi.nlm.nih.gov/pubmed/36833528 http://dx.doi.org/10.3390/ijerph20042831 |
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author | Nie, Changfei Luo, Wen Feng, Yuan Chen, Zhi |
author_facet | Nie, Changfei Luo, Wen Feng, Yuan Chen, Zhi |
author_sort | Nie, Changfei |
collection | PubMed |
description | Economic growth target (EGT) has become an essential tool for macroeconomic administration all around the world. This study examines the effect and mechanisms of EGT on environmental pollution (EP) by using economic growth target data from provincial Government Work Reports in China from 2003–2019. The conclusions denote that EGT significantly aggravates regional EP, and it still stands after robustness tests and instrumental variable (IV) estimation. The result of mediating effect shows that EGT aggravates EP mainly from three ways: investment surge, technological innovation, and resource allocation. The result of the moderating effect shows that government’s fiscal space positively adjusts the effect of EGT on EP, while environmental regulation negatively adjusts the effect of EGT on EP. The heterogeneity test reflects that the effect of EGT on EP is more significant on provinces that adopt a “hard constraint” setting method and fulfill EGT. Our study provides a reference to better balance the link between EGT and sustainable development for the government department. |
format | Online Article Text |
id | pubmed-9957400 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2023 |
publisher | MDPI |
record_format | MEDLINE/PubMed |
spelling | pubmed-99574002023-02-25 The Impact of Economic Growth Target Constraints on Environmental Pollution: Evidence from China Nie, Changfei Luo, Wen Feng, Yuan Chen, Zhi Int J Environ Res Public Health Article Economic growth target (EGT) has become an essential tool for macroeconomic administration all around the world. This study examines the effect and mechanisms of EGT on environmental pollution (EP) by using economic growth target data from provincial Government Work Reports in China from 2003–2019. The conclusions denote that EGT significantly aggravates regional EP, and it still stands after robustness tests and instrumental variable (IV) estimation. The result of mediating effect shows that EGT aggravates EP mainly from three ways: investment surge, technological innovation, and resource allocation. The result of the moderating effect shows that government’s fiscal space positively adjusts the effect of EGT on EP, while environmental regulation negatively adjusts the effect of EGT on EP. The heterogeneity test reflects that the effect of EGT on EP is more significant on provinces that adopt a “hard constraint” setting method and fulfill EGT. Our study provides a reference to better balance the link between EGT and sustainable development for the government department. MDPI 2023-02-06 /pmc/articles/PMC9957400/ /pubmed/36833528 http://dx.doi.org/10.3390/ijerph20042831 Text en © 2023 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 Nie, Changfei Luo, Wen Feng, Yuan Chen, Zhi The Impact of Economic Growth Target Constraints on Environmental Pollution: Evidence from China |
title | The Impact of Economic Growth Target Constraints on Environmental Pollution: Evidence from China |
title_full | The Impact of Economic Growth Target Constraints on Environmental Pollution: Evidence from China |
title_fullStr | The Impact of Economic Growth Target Constraints on Environmental Pollution: Evidence from China |
title_full_unstemmed | The Impact of Economic Growth Target Constraints on Environmental Pollution: Evidence from China |
title_short | The Impact of Economic Growth Target Constraints on Environmental Pollution: Evidence from China |
title_sort | impact of economic growth target constraints on environmental pollution: evidence from china |
topic | Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9957400/ https://www.ncbi.nlm.nih.gov/pubmed/36833528 http://dx.doi.org/10.3390/ijerph20042831 |
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