摘要
减排和增效是衡量企业高质量发展的核心。本文以2007年逐步实施的工业二氧化硫排污费征收标准改革为例,基于2004-2014年省级经济环境数据和沪深股市上市工业企业数据,探究环境规制改革对工业二氧化硫排放和企业绩效的影响。实证研究结果显示,整体而言,排污费标准调整并未实现显著的减排效果。但是,随着环境执法强度的提高,排污收费标准调整会发挥出显著的减排效应,且不再抑制企业绩效的增长。同时,排污收费标准调整对不同政府层级监管的企业、不同利益关联性企业存在异质性影响,其中,显著降低了中间层级政府监管的国有企业绩效,但对税收大户和大企业存在"包庇效应",使企业绩效免遭显著的负向冲击。因此,在中国改排污收费为环保税的当前,要想激发减排和增效的高质量发展,需要提高地方环境规制强度,加大执法监督力度。
Emission reduction and efficiency increase are the core of the high-quality economic development.Based on the data of provincial economy and environment from 2004 to 2014 and the data of listed industrial enterprises in Shanghai and Shenzhen stock markets,this paper explores the impact of environmental regulation reform on SO2 emission and corporate performance.Empirical study showed that,overall,the adjustment of pollution charge standards did not achieve significant emission reduction effect.However,with the improvement of environmental law enforcement intensity,the adjustment of pollution charge will play a significant emission reduction effect,and no longer inhibit the growth of enterprise performance.At the same time,the adjustment of pollution charge has heterogeneous effects on enterprises supervised by different levels of government and different interest-related enterprises.Among them,the performance of state-owned enterprises supervised by middle-level government was significantly reduced,but there is a"shelter effect"on large taxpayers and large enterprises,thus avoiding significant negative impact on enterprise performance.Therefore,at present,in order to stimulate the high-quality development of emission reduction and efficiency,increase China need improve the intensity of local environmental regulation and strengthen the supervision of law enforcement.
作者
涂正革
周涛
谌仁俊
甘天琦
TU Zhengge;ZHOU Tao;CHEN Renjun;GAN Tianqi(Central China Normal University,Wuhan 430079;South-Central University for Nationalities,Wuhan 430074)
出处
《经济与管理研究》
CSSCI
北大核心
2019年第12期77-95,共19页
Research on Economics and Management
基金
国家社会科学基金重大项目“环境保护与经济高质量发展融合的机制、路径和政策体系研究”(18ZDA051)
关键词
排污收费改革
多期双重差分
高质量增长
利益关联性执法
波特假说
reform of pollution charge
multiphase difference-in-difference design
high-quality economic development
interest-related law enforcement
Porter hypothesis
