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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

China's Environmental Protection, Green Industry and Policy Impact

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DOI: 10.25236/icess.2019.315

Author(s)

Xiaojuan Wang, Yifang Liu, Jiaxiu Zhao, Qian Liu and Haili Li

Corresponding Author

Yifang Liu

Abstract

Environment is the prerequisite for human survival and development, a good environment can provide the necessary resources for the development of the society. With the development of society and the progress of economic, the need for a well ecosystem is also increasingly urgent. Our country has issued a series of environmental policies to promote environmental protection. Under this circumstances, corresponding environmental protection industry and green industry came into being, the emergence of these industries will be able to turn the environmental problem which are difficult to quantify into the market mechanism way, and can also ensure the efficiency of environmental improvement. However, the impact of environmental policies is difficult to measure. This paper uses the event analysis method to analyze the short-term impact to environmental protection and green industry of three environmental policies: Water pollution prevention action plan and Soil pollution prevention action plan. And measure the impact of events through the "abnormal fluctuations" in the event window of the two events. Taking this as an example to analyze the effect of environmental policy. Results show that, in the short -term Water pollution prevention action plan plays a restraining role in environmental protection industry and green industry, Soil pollution prevention action plan plays a promoting role in them.

Keywords

Environmental policy, Environmental protection industry, Green industry, Impact