High-speed rail and firms' environmental performance: empirical evidence from China.
Environ Sci Pollut Res Int
; 30(19): 55187-55199, 2023 Apr.
Article
en En
| MEDLINE
| ID: mdl-36884167
Developing countries are struggling to balance the economic development and environment protection. This paper examines the impact of high-speed rail (HSR) on firm-level environmental performance in China. Using the staggered expansion of China's passenger-dedicated HSR and the panel data of Chinese manufacturing firm-level data from 2002 to 2012, we find that firms exhibit a lower level of chemical oxygen demand (COD) emissions after the opening of HSR. The average geographical slope of city is used as an instrumental variable to address the potential endogeneity problem of the HSR variable. Furthermore, the reduction effect of HSR introduction on firms' COD emission intensity is more pronounced for firms that located in eastern regions as well as technology-intensive and labor-intensive firms. Agglomeration economies, scale effects, and technological innovation are three plausible channels that allow HSR to promote firm environmental performance. Our paper provides new insights into the impacts of introduction of HSR on firm environmental performance and the development of green city.
Palabras clave
Texto completo:
1
Colección:
01-internacional
Base de datos:
MEDLINE
Asunto principal:
Comercio
/
Conservación de los Recursos Naturales
Tipo de estudio:
Prognostic_studies
País/Región como asunto:
Asia
Idioma:
En
Revista:
Environ Sci Pollut Res Int
Asunto de la revista:
SAUDE AMBIENTAL
/
TOXICOLOGIA
Año:
2023
Tipo del documento:
Article
País de afiliación:
China
Pais de publicación:
Alemania