Can environmental regulations break down domestic market segmentation? Evidence from China.
Environ Sci Pollut Res Int
; 29(7): 10157-10172, 2022 Feb.
Article
en En
| MEDLINE
| ID: mdl-34510346
While local protectionism and market segmentation owing to fiscal decentralization are not conducive to broad economic development, they may be rational choices on a local scale. Based on a spatial Durbin model, we analyzed the relationship between environmental regulations and market segmentation in China using interprovincial panel data for 2004-2018. The results indicated that the "beggar-thy-neighbor" phenomenon persists in China; environmental regulations have a U-shaped impact on market segmentation, i.e., in most regions, environmental regulation can break down market segmentation. Regions with greater decentralization are better able to promote local market integration through environmental regulation, suggesting that local governments are better able to compensate for market failures when vested with greater power. Hence, we propose that the central government should improve performance evaluation indicators for local governments and grant them greater autonomy; additionally, local governments should increase the intensity of environmental regulations as appropriate, thereby promoting both environmental protection and the unification of domestic markets.
Palabras clave
Texto completo:
1
Colección:
01-internacional
Base de datos:
MEDLINE
Asunto principal:
Desarrollo Económico
/
Conservación de los Recursos Naturales
Aspecto:
Determinantes_sociais_saude
País/Región como asunto:
Asia
Idioma:
En
Revista:
Environ Sci Pollut Res Int
Asunto de la revista:
SAUDE AMBIENTAL
/
TOXICOLOGIA
Año:
2022
Tipo del documento:
Article
Pais de publicación:
Alemania