Technology Spillover Effect of Environmental Regulation and Corporate Profit:A Micro-Level Analysis from China Based on Classic and Spatial Econometric Model Econometric Model

摘要：

　　This paper is based on a sample of 900 Chinas heavily-polluting listed corporations for the period 2013-2016,and explores the mechanism of how environmental regulation advances technological level.In addition,it also reveals the spatial technology spillover effects of environmental regulation and corporate profit.Classic and spatial econometric methodologies are employed to estimate the empirical models.The results show that the environmental regulation and corporate profit can help increase the TFP of corporations,and have positive spillover effect on the corporations in the same province.This study also indicates that environmental regulation hinders technical progress,whilst improving resource allocation efficiency and scale efficiency,while corporate profit leads to the rise in resource allocation efficiency.

关键词： Environmental Regulation Technology Spillover Corporate profit Spatial Econometrics

作者: Liu Andong Gu Xuesong

作者单位: School of Economics and Management,Beijing Forestry University,Beijing 100083,China,100083

会议类型: 国际会议

会议名称: The 10th (2018)International Conference on Financial Risk and Corporate Finance Management(第十届(2018)金融风险与公司金融国际研讨会)

会议地点: 大连

会议语种:英文

页码: 354-359

在线出版日期: 2018-07-06（万方平台首次上网日期，不代表论文的发表时间）