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能源经济学研讨会(第136期)

发文时间: 2021-12-01 阅读次数:

能源经济学研讨会(第136期)

演讲嘉宾

王敏 北京大学国家发展研究院

讲座题目

Environmental Regulation and the Extensive Margin of Firms

会议信息

时间:2021年12月2日(星期四)13:00-14:30

地点:明德主楼623会议室

腾讯会议:429-936-829

嘉宾简介

王敏,北京大学国家发展研究院副教授(长聘);《经济学(季刊)》副主编;北大环境与能源经济研究中心副主任。浙江大学农业经济与管理系学士、硕士,2010年于爱荷华州立大学经济系获得经济学博士。2011年1月至6月在密歇根州立大学环境科学和政策中心博士后工作站工作。研究领域:环境与资源经济学、能源经济学、公共政策、经济发展。

报告摘要

This paper provides a comprehensive investigation on the extensive margin effects of place-based environmental regulations on firms. Using Firm Registration Database, an administrative dataset in China, we employ triple-differences estimators to investigate extensive margin effects of a historic command-and-control air pollution regulation on entrants, incumbents and the industry. The paper shows that the environmental regulation deters the firm entry and specifically on the large, long-term, private entrants and those invested by shareholders from non-regulated regions. It is also shown that the environmental regulation increases the firm exit rate, but on small and long-term incumbents. In response to the regulation, incumbents in pollution-intensive industries re-optimize their production via inter-regional and inter-industry investment by increasing the equity investment in polluting and non-polluting industries respectively in the non-local and local areas. The paper produces a policy-relevant implication about how firms respond to environmental regulations via the extensive margin effect.

直播链接

能源经济学研讨会(Energy Economics Seminar)由太阳集团tyc151能源经济系定期推出,旨在为研究中国能源经济问题的学者提供交流的平台。

联系人:刘阳(lyang0822@ruc.edu.cn)