This page has only limited features, please log in for full access.
This study innovatively uses local government regulations related to manufacturing to quantitatively identify industrial policies. The degree of influence and functional mechanism of China’s industrial policies on the green competitiveness of the manufacturing industry are empirically examined using the provincial and regional panel data. Additionally, the synergistic complementary effect between industrial policy power and market forces and the fiscal decentralization’s role in influencing industrial policies are investigated. The results reveal that the promulgation and implementation of industrial policies have significantly promoted the green competitiveness of the manufacturing industry. Regarding functional mechanisms, environmental governance has played a positive role in promoting the green competitiveness of the manufacturing industry supported by industrial policies, resource allocation, and innovation incentives. Meanwhile, industrial policies on green competitiveness in manufacturing depend on marketization and fiscal decentralization in local governments. The above findings demonstrate that the local governments in China, a developing economy, can play the role of development-oriented governments. Based on conforming to market deepening and system optimization, they can formulate and implement industrial policies in a rational manner and achieve green development and upgrade the manufacturing industry.
Qing Zhao; Chih-Hung Yuan. Can China’s industrial policies enhance the green competitiveness of the manufacturing industry? PLoS ONE 2021, 16, e0253774 .
AMA StyleQing Zhao, Chih-Hung Yuan. Can China’s industrial policies enhance the green competitiveness of the manufacturing industry? PLoS ONE. 2021; 16 (6):e0253774.
Chicago/Turabian StyleQing Zhao; Chih-Hung Yuan. 2021. "Can China’s industrial policies enhance the green competitiveness of the manufacturing industry?" PLoS ONE 16, no. 6: e0253774.
Based on the PM2.5 haze data of China’s provinces between 2004–2016, this paper systematically explores the impact of haze pollution on the quality of China’s economic development, as well as its transmission mechanisms. This is achieved by measuring the quality of economic development with total factor productivity. Furthermore, this paper innovatively uses precipitation as an instrumental variable for mitigating the endogeneity of the haze pollution variable, by which the impact of haze pollution on the quality of China’s economic development is estimated within the framework of two-stage least squares. It is found that: the haze pollution has degraded the quality of China’s economic development significantly; the labor supply loss, counter urbanization and human capital disruption are the three major transmission channels through which haze pollution affects the quality of China’s economic development; strengthening government’s environmental management is effective in mitigating the adverse impact of haze pollution on the economic development quality; and that China’s unique fiscal decentralization system has exacerbated the negative economic effect of haze pollution. The policy implications of this paper are as follows: Improvement of economic development quality is a prerequisite for the transition of economic development mode; and the governmental management of haze is conducive to enhancing the quality of atmospheric environment and economic development, and to promoting the high-quality development of the Chinese economy.
Qing Zhao; Chih-Hung Yuan. Did Haze Pollution Harm the Quality of Economic Development?—An Empirical Study Based on China’s PM2.5 Concentrations. Sustainability 2020, 12, 1607 .
AMA StyleQing Zhao, Chih-Hung Yuan. Did Haze Pollution Harm the Quality of Economic Development?—An Empirical Study Based on China’s PM2.5 Concentrations. Sustainability. 2020; 12 (4):1607.
Chicago/Turabian StyleQing Zhao; Chih-Hung Yuan. 2020. "Did Haze Pollution Harm the Quality of Economic Development?—An Empirical Study Based on China’s PM2.5 Concentrations." Sustainability 12, no. 4: 1607.