Can China's industrial policies enhance the green competitiveness of the manufacturing industry?

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...

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Autores principales:	Qing Zhao, Chih-Hung Yuan
Formato:	article
Lenguaje:	EN
Publicado:	Public Library of Science (PLoS) 2021
Materias:	Medicine R Science Q
Acceso en línea:	https://doaj.org/article/70834ea33407414e9ab5547e06b36d52
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id	oai:doaj.org-article:70834ea33407414e9ab5547e06b36d52
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spelling	oai:doaj.org-article:70834ea33407414e9ab5547e06b36d522021-12-02T20:15:44ZCan China's industrial policies enhance the green competitiveness of the manufacturing industry?1932-620310.1371/journal.pone.0253774https://doaj.org/article/70834ea33407414e9ab5547e06b36d522021-01-01T00:00:00Zhttps://doi.org/10.1371/journal.pone.0253774https://doaj.org/toc/1932-6203This 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 ZhaoChih-Hung YuanPublic Library of Science (PLoS)articleMedicineRScienceQENPLoS ONE, Vol 16, Iss 6, p e0253774 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Medicine R Science Q
spellingShingle	Medicine R Science Q Qing Zhao Chih-Hung Yuan Can China's industrial policies enhance the green competitiveness of the manufacturing industry?
description	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.
format	article
author	Qing Zhao Chih-Hung Yuan
author_facet	Qing Zhao Chih-Hung Yuan
author_sort	Qing Zhao
title	Can China's industrial policies enhance the green competitiveness of the manufacturing industry?
title_short	Can China's industrial policies enhance the green competitiveness of the manufacturing industry?
title_full	Can China's industrial policies enhance the green competitiveness of the manufacturing industry?
title_fullStr	Can China's industrial policies enhance the green competitiveness of the manufacturing industry?
title_full_unstemmed	Can China's industrial policies enhance the green competitiveness of the manufacturing industry?
title_sort	can china's industrial policies enhance the green competitiveness of the manufacturing industry?
publisher	Public Library of Science (PLoS)
publishDate	2021
url	https://doaj.org/article/70834ea33407414e9ab5547e06b36d52
work_keys_str_mv	AT qingzhao canchinasindustrialpoliciesenhancethegreencompetitivenessofthemanufacturingindustry AT chihhungyuan canchinasindustrialpoliciesenhancethegreencompetitivenessofthemanufacturingindustry
_version_	1718374532317708288

Can China's industrial policies enhance the green competitiveness of the manufacturing industry?

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