摘要
生态文明建设示范区是中国政府推进生态文明建设的一项制度创新。本文以2011~2022年沪深A股制造业上市公司为研究样本,采用多期双重差分模型实证探究生态文明建设示范区对企业全要素生产率的影响。研究发现:(1)生态文明建设示范区提升了企业全要素生产率,且这一结果在经过一系列稳健性检验后仍然成立;(2)生态文明建设示范区对企业全要素生产率的促进作用随着财政分权程度的提高而降低;(3)进一步分析表明,生态文明建设示范区对企业全要素生产率的促进作用在非国有企业、东部企业和大规模企业中更显著。生态文明建设示范区主要是通过缓解企业面临的融资约束来促进企业全要素生产率的提升。本文的研究对于全面建设生态文明、促进企业转型、提升企业全要素生产率和经济的高质量发展具有一定的参考意义。
The ecological civilization construction demonstration zone is an institutional innovation promoted by the Chinese government to advance the construction of ecological civilization.This paper empirically explores the impact of ecological civilization construction demonstration zones on the total factor productivity of enterprises using a multi-period double-difference model with a sample of A-share manufacturing companies listed in Shanghai and Shenzhen from 2011 to 2022.The research finds that:(1)the ecological civilization construction demonstration zone has increased the total factor productivity of enterprises.This conclusion holds against a series of robustness tests such as parallel trend tests,PSM-DID,replacement of explanatory variables,and placebo tests.(2)As the degree of fiscal decentralization increases,the promotion effect of ecological civilization construction demonstration zones on the total factor productivity of enterprises decreases.(3)Further analysis indicates that the promotion effect of ecological civilization construction demonstration zones on the total factor productivity of enterprises is more significant in non-state-owned enterprises,enterprises in the eastern region,and large-scale enterprises.Additionally,ecological civilization construction demonstration zones mainly enhance total factor productivity by alleviating the financing constraints faced by enterprises.This study has some reference significance for comprehensively constructing ecological civilization,promoting enterprise transformation,enhancing enterprises total factor productivity,and achieving high-quality economic development.
作者
唐勇军
李晓哲
罗辉
Tang Yongjun;Li Xiaozhe;Luo Hui(Business School,Hohai University,Nanjing 211100,China;Guizhou Forestry Science and Technology Promotion Station,Guiyang 550001,China)
出处
《工业技术经济》
北大核心
2024年第10期129-138,共10页
Journal of Industrial Technology and Economy
基金
国家社会科学基金面上项目“基于流域生态系统管理的自然资源资产负债表编制与应用研究”(项目编号:15BGL054)
江苏省社科应用研究精品工程课题“‘十四五’期间江苏推动传统产业绿色化转型升级的思路与对策研究”(项目编号:21SYC-028)
江苏省水利科技项目“水利工程安全风险分级管控和隐患排查治理双预控管理技术研究与应用”(项目编号:2020014)。
关键词
生态文明建设示范区
全要素生产率
财政分权
多期双重差分模型
异质性分析
中介机制
融资约束
企业转型
ecological civilization construction demonstration zone
total factor productivity
fiscal decentralization
multiperiod double-difference models
heterogeneity analysis
mediating mechanism
financing constraints
enterprise transformation
