Does the Construction of a Water Ecological Civilization City Improve Green Total Factor Productivity? Evidence from a Quasi-Natural Experiment in China

Taking Water Ecological City Pilot (WECP) policy as a quasi-natural experiment, this paper adopts the PSM-DID method to investigate the impact of the WECP policy on the green total factor productivity (GTFP) of China’s prefecture-level cities. The results show that the implementation of the WECP pol...

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Autores principales:	Hongzhong Fan, Shuang Tao, Shujahat Haider Hashmi
Formato:	article
Lenguaje:	EN
Publicado:	MDPI AG 2021
Materias:	green total factor productivity water ecological civilized city environmental governance compliance cost Medicine R
Acceso en línea:	https://doaj.org/article/142cad80b9ed480f965e444c98818ddb
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spelling	oai:doaj.org-article:142cad80b9ed480f965e444c98818ddb2021-11-25T17:48:43ZDoes the Construction of a Water Ecological Civilization City Improve Green Total Factor Productivity? Evidence from a Quasi-Natural Experiment in China10.3390/ijerph1822118291660-46011661-7827https://doaj.org/article/142cad80b9ed480f965e444c98818ddb2021-11-01T00:00:00Zhttps://www.mdpi.com/1660-4601/18/22/11829https://doaj.org/toc/1661-7827https://doaj.org/toc/1660-4601Taking Water Ecological City Pilot (WECP) policy as a quasi-natural experiment, this paper adopts the PSM-DID method to investigate the impact of the WECP policy on the green total factor productivity (GTFP) of China’s prefecture-level cities. The results show that the implementation of the WECP policy significantly inhibits the improvement of GTFP. Furthermore, we find the implementation of the WECP policy has squeezed out government technological expenditures to some extent and aggravated the compliance cost of enterprises, which has not caused the “innovation compensation effect”, thus failing to improve GTFP. The heterogeneity analyses show that the policy effects vary with the imbalance of China’s regional development and resource endowments. Developed regions can better overcome the possible negative impact that comes with policy implementation. Governments need to formulate different policy strategies and plans from an overall macro perspective.Hongzhong FanShuang TaoShujahat Haider HashmiMDPI AGarticlegreen total factor productivitywater ecological civilized cityenvironmental governancecompliance costMedicineRENInternational Journal of Environmental Research and Public Health, Vol 18, Iss 11829, p 11829 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	green total factor productivity water ecological civilized city environmental governance compliance cost Medicine R
spellingShingle	green total factor productivity water ecological civilized city environmental governance compliance cost Medicine R Hongzhong Fan Shuang Tao Shujahat Haider Hashmi Does the Construction of a Water Ecological Civilization City Improve Green Total Factor Productivity? Evidence from a Quasi-Natural Experiment in China
description	Taking Water Ecological City Pilot (WECP) policy as a quasi-natural experiment, this paper adopts the PSM-DID method to investigate the impact of the WECP policy on the green total factor productivity (GTFP) of China’s prefecture-level cities. The results show that the implementation of the WECP policy significantly inhibits the improvement of GTFP. Furthermore, we find the implementation of the WECP policy has squeezed out government technological expenditures to some extent and aggravated the compliance cost of enterprises, which has not caused the “innovation compensation effect”, thus failing to improve GTFP. The heterogeneity analyses show that the policy effects vary with the imbalance of China’s regional development and resource endowments. Developed regions can better overcome the possible negative impact that comes with policy implementation. Governments need to formulate different policy strategies and plans from an overall macro perspective.
format	article
author	Hongzhong Fan Shuang Tao Shujahat Haider Hashmi
author_facet	Hongzhong Fan Shuang Tao Shujahat Haider Hashmi
author_sort	Hongzhong Fan
title	Does the Construction of a Water Ecological Civilization City Improve Green Total Factor Productivity? Evidence from a Quasi-Natural Experiment in China
title_short	Does the Construction of a Water Ecological Civilization City Improve Green Total Factor Productivity? Evidence from a Quasi-Natural Experiment in China
title_full	Does the Construction of a Water Ecological Civilization City Improve Green Total Factor Productivity? Evidence from a Quasi-Natural Experiment in China
title_fullStr	Does the Construction of a Water Ecological Civilization City Improve Green Total Factor Productivity? Evidence from a Quasi-Natural Experiment in China
title_full_unstemmed	Does the Construction of a Water Ecological Civilization City Improve Green Total Factor Productivity? Evidence from a Quasi-Natural Experiment in China
title_sort	does the construction of a water ecological civilization city improve green total factor productivity? evidence from a quasi-natural experiment in china
publisher	MDPI AG
publishDate	2021
url	https://doaj.org/article/142cad80b9ed480f965e444c98818ddb
work_keys_str_mv	AT hongzhongfan doestheconstructionofawaterecologicalcivilizationcityimprovegreentotalfactorproductivityevidencefromaquasinaturalexperimentinchina AT shuangtao doestheconstructionofawaterecologicalcivilizationcityimprovegreentotalfactorproductivityevidencefromaquasinaturalexperimentinchina AT shujahathaiderhashmi doestheconstructionofawaterecologicalcivilizationcityimprovegreentotalfactorproductivityevidencefromaquasinaturalexperimentinchina
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Does the Construction of a Water Ecological Civilization City Improve Green Total Factor Productivity? Evidence from a Quasi-Natural Experiment in China

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