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Yanfeng Lou
School of Management, Harbin Institute of Technology, Harbin 150001, China

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Journal article
Published: 20 August 2020 in Sustainability
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Theoretical research finds that environmental regulation has both positive and negative effects on enterprise productivity. Based on the Energy Conservation and Carbon Reduction policy implemented by the Chinese government, this study empirically analyzed the policy treatment level boundary condition of the positive and negative effects that dominated and its moderating factors. The generalized propensity score matching model (GPSM) was used to analyze the net effect of the policy on the total factor productivity (TFP) of Chinese manufacturing enterprises. The results showed that: (1) the low treatment level of the policy can promote the growth of the enterprises’ TFP; (2) in contrast, the treatment level of the policy exceeded a certain threshold, which gradually led to an inhibitory effect on the enterprises’ TFP; (3) the mechanism used to enforce the policy caused the enterprises to innovate, which enhanced their TFP, but took time to gradually release; (4) the enterprises with a stronger capacity for innovation or a larger size found it easier to transform the pressure from the policy into an innovative impetus to improve their TFP; (5) however, the government subsidies distorted the forced-innovation effect of the policy on the enterprises’ innovation, which restrained the positive effect of the policy on the TFP.

ACS Style

Yanfeng Lou; Yezhuang Tian; Xueliang Tang. Does Environmental Regulation Improve an Enterprise’s Productivity?—Evidence from China’s Carbon Reduction Policy. Sustainability 2020, 12, 6742 .

AMA Style

Yanfeng Lou, Yezhuang Tian, Xueliang Tang. Does Environmental Regulation Improve an Enterprise’s Productivity?—Evidence from China’s Carbon Reduction Policy. Sustainability. 2020; 12 (17):6742.

Chicago/Turabian Style

Yanfeng Lou; Yezhuang Tian; Xueliang Tang. 2020. "Does Environmental Regulation Improve an Enterprise’s Productivity?—Evidence from China’s Carbon Reduction Policy." Sustainability 12, no. 17: 6742.

Journal article
Published: 07 April 2020 in Sustainability
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This study systematically assessed the spillover effects of US industrial subsidy policies on China’s export by matching all related bills issued by the US federal and state governments since 2009 with the affected products exported from China. In general, the US subsidy policies created a significant obstacle for Chinese exporters entering the US market. In addition, the industry-level analysis indicated that the subsidy policy has the most significant negative spillover effect on mid- and high-tech products, and no significant impact on resource-based and low-tech export products. Furthermore, we explored the mechanism and found that the US subsidies lower the domestic export prices of the affected products, thereby having a larger negative impact on the entry of mid- and high-tech products entering the US market. The implementation of the US subsidy increased the export competitiveness of mid- and high-tech products in domestic market, which helped such US firms expand their international markets. Therefore, we offer targeted suggestions in order to create a fair and reasonable business environment for Chinese exporters.

ACS Style

Yanfeng Lou; Yezhuang Tian; Kai Wang. The Spillover Effect of US Industrial Subsidies on China’s Exports. Sustainability 2020, 12, 2938 .

AMA Style

Yanfeng Lou, Yezhuang Tian, Kai Wang. The Spillover Effect of US Industrial Subsidies on China’s Exports. Sustainability. 2020; 12 (7):2938.

Chicago/Turabian Style

Yanfeng Lou; Yezhuang Tian; Kai Wang. 2020. "The Spillover Effect of US Industrial Subsidies on China’s Exports." Sustainability 12, no. 7: 2938.