Environmental Regulation, Technological Innovation and Sustainable Growth
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Hongqiao Zhang, Xuedong Li , Ziguo Feng
This paper selects different types of environmental regulation tools, and mainly includes the type of and capital investing, pollution releasing and energy using. The type of capital investing covers investment in environmental pollution control and industrial pollution control. The type of pollution releasing covers industrial sulfur dioxide emissions and industrial wastewater discharge. The type of energy using covers energy consumption. Among them, capital investing index and the intensity of environmental regulation change the same way. In other words, the larger the index is, the greater the intensity of environmental regulation is. The type of pollution releasing and energy using index are reverse changing with the intensity of environmental regulation. In this paper, the stepwise regression method is used to analyse the various environmental regulation tools. From these indicators, an environmental regulation tool can be drawn that can promote the sustainable development of regional economy with mediating effect of technological innovation.
Environmental regulation, Porter Hypothesis, Mediating effect, Sustainable growth.