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Assessing the environmental impact of industrial policy is of great importance to China’s industrial green transformation and high-quality development, while this topic receives little attention in the literature. Based on the panel data of 29 manufacturing industrial sectors in China’s 30 provinces from 2006 to 2015, using a model that includes the year, province, and industry fixed-effect, this paper fills the gap by exploring whether and how industrial policy affects carbon emission in Chinese manufacturing. The result shows that industrial policy significantly increases carbon emission in supported industries by 10.3%, which is achieved by increasing industrial energy consumption, relaxing government environmental regulation, and encouraging enterprises to invest more in fixed assets. Further, the effects of industrial policy on carbon emission are heterogeneous in many aspects. In the central and western regions, technology-intensive industries, industries with stronger government intervention, industries with higher exports, industries supported by both central and local governments, and during the 12th Five-Year Plan, the industrial policy will increase carbon emissions more. Our findings for the first time indicate the negative impact of industrial policies on carbon emission reduction in the Chinese manufacturing industry, which implies that traditional selective industrial policies in developing countries like China need a paradigm shift to achieve green development.
Li Song; Xiaoliang Zhou. How does industrial policy affect manufacturing carbon emission? Evidence from Chinese provincial sub-sectoral data. Environmental Science and Pollution Research 2021, 1 -15.
AMA StyleLi Song, Xiaoliang Zhou. How does industrial policy affect manufacturing carbon emission? Evidence from Chinese provincial sub-sectoral data. Environmental Science and Pollution Research. 2021; ():1-15.
Chicago/Turabian StyleLi Song; Xiaoliang Zhou. 2021. "How does industrial policy affect manufacturing carbon emission? Evidence from Chinese provincial sub-sectoral data." Environmental Science and Pollution Research , no. : 1-15.
As a regional green industrial policy, the construction of national eco-industrial parks is of great significance to the realization of industrial green transformation, while its environmental effects and mechanisms have not yet been clarified. Using panel data from 308 prefecture-level cities in China from 2003 to 2017, this study takes the establishment of 3 national-level ecological industrial parks as a quasi-natural experiment, also using a time-varying difference in difference model to examine how green industrial policies affect industrial pollution emissions. The study found that the establishment of a national eco-industrial park has significantly reduced industrial sulfur dioxide emissions, and the emission reduction effect has a lag effect and long-term impact. In cities with strong environmental regulations, provincial capitals and municipalities, and cities with a high degree of marketization, eco-industrial parks have better emission reduction effects, while, in cities with greater economic growth incentives and fiscal pressures, eco-industrial parks are difficult to achieve emission reduction effects. The establishment of national eco-industrial parks can reduce industrial pollution emissions by improving pollution treatment efficiency and energy efficiency, as well as promoting industrial agglomeration. China should continue to promote the implementation of green industrial policies, to strengthen the construction of national-level eco-industrial parks at this stage.
Li Song; Xiaoliang Zhou. Does the Green Industry Policy Reduce Industrial Pollution Emissions?—Evidence from China’s National Eco-Industrial Park. Sustainability 2021, 13, 6343 .
AMA StyleLi Song, Xiaoliang Zhou. Does the Green Industry Policy Reduce Industrial Pollution Emissions?—Evidence from China’s National Eco-Industrial Park. Sustainability. 2021; 13 (11):6343.
Chicago/Turabian StyleLi Song; Xiaoliang Zhou. 2021. "Does the Green Industry Policy Reduce Industrial Pollution Emissions?—Evidence from China’s National Eco-Industrial Park." Sustainability 13, no. 11: 6343.