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Enterprises emission reduction effect of the "Eleventh Five-Year Plan" obligatory pollution control |
ZHANG Wei-guang1,2, FENG Shi-yu1, HAN Chao3 |
1. School of Economics, Dongbei University of Finance and Economics, Dalian 116025, China; 2. Institute of Industrial Economics, Chinese Academy of Social Sciences, Beijing 100006, China; 3. Center for Industrial and Business Organization, Dongbei University of Finance and Economics, Dalian 116025, China |
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Abstract Relying on the implementation of the "Eleventh Five-Year" obligatory pollution control in 2006, based on the matching database of Chinese industrial enterprise data and enterprise pollution emission data, this paper analyzed the effect and mechanism of the implementation of total control and obligatory environmental regulation policy on enterprise emission reduction. Results suggested that the pollution emissions of SO2 and COD of enterprises with high regulatory intensity decreased by 12.8% and 12.1% respectively after the implementation of obligatory pollution control, and the effect remained significant after a series of robustness tests. Mechanism analysis showed that after the implementation of obligatory pollution control, clean energy consumptions and technical efficiency of SO2 group increased by 0.12% and 53.56% respectively; while for COD group, clean energy consumptions and technical efficiency increased by 0.14% and 56.60% respectively. Emissions of enterprises indeed decreased via the the change of energy consumption structure and the improvement of technical efficiency. Heterogeneity analysis showed that there were significant differences in emission reduction effects between state-owned enterprises and non-state-owned enterprises, large-scale enterprises and small-scale enterprises, heavy pollution industry enterprises and non-heavy pollution industry enterprises, as well as enterprises in the eastern and western regions. There was a local negative correlation between enterprises' distance to geographical boundary and the enterprises pollution emissions.
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Received: 28 April 2022
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