题 目：Environmental Regulation, Firm Structure, and Green Patent: Evidence from Chinese Listed Firms

报告人：崔静波  助理教授   武汉大学经济与管理学院

主持人：罗德明  教授   浙江大学经济学院

时  间：2016年12月8日   星期四   13:30-15:00

地  点：浙大玉泉校区经济学院418室

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报告人简介：崔静波，武汉大学经济与管理学院，助理教授，湖北省楚天学子人才引进计划。

2004年毕业于华中科技大学，获得经济学、数学学士学位；2007年毕业于武汉大学经济与管理学院，获得经济学硕士学位；2012年毕业于美国爱荷华州立大学(Iowa State University)经济系，获得博士学位；2012年7月-2013年6月在爱荷华州立大学经济系CARD研究中心担任博士后；2014年7月-9月担任爱荷华州立大学CARD研究中心访问助理教授

研究方向：环境经济学、国际贸易、能源经济学。主持国家自然科学基金青年项目、教育部留学回国人员科研启动项目。研究成果已发表在农业与资源经济学领域国际学术期刊American Journal of Agricultural Economics （2篇）。担任国际学术期刊Australian Journal of Agricultural and Resource Economics, Canadian Journal of Economics, Economics & Politics, Journal of Economics and Dynamic Control, Journal of the Association of Environmental and Resource Economists等匿名审稿人。

摘要：This paper examines the impacts of environmental regulation on green patent innovation, using a panel data of Chinese listed firms during the 1990-2010 period. The environmental regulation is the mandatory participation in Cleaner Production Audit (CPA) programs enforced by the central government ofChina. Using a triple difference-in-difference method, our main findings suggest that the stringent environmental control leads to greater firm-level green innovation activities measured by both the number of green patents and the ratio of green patents relative to total number of patents. This positive regulation effect mainly occurs in the state-owned firms rather than private firms. Moreover, we estimate the effects of the CPA programs on green innovations by firm structure (i.e., parent company, subsidiaries, and joints & associates). The regulation contributes to statistically significant green innovation from subsidiaries and joints & associates, but not from parent company. Furthermore, we take a close look at which type of firm structure enrolled in the CPA program, and redefine the treatment groups by firm structure. When the treatment groups are constructed based upon only parent company enrolled in the CPA program, the innovation-stimulating effect of regulation is statistically significant for parent firms only, but not for subsidiaries and joints & associates. When the treatment groups are assigned to subsidiaries or joints & associates only, respectively, the regulation has a positive impact on green innovation of subsidiaries and joints & associates, but not on that of parent firms.

CRPE秘书处

2016-12-6