Research On The Impact Of Environment Regulation On Technological Innovation

China’s economy must achieve green and high-quality economic development.Since the reform and opening up,my country’s economy has achieved rapid development,but at the same time it has also brought certain environmental problems.As environmental problems have negative externalities,the government needs to play a role to solve market failures,implement environmental regulations and policies,and control corporate pollutant behavior.The economic development can be stabilized by carrying out technological innovation activities,and environmental problems can be solved from the source of pollution.Environmental regulation is to improve the quality of the environment,but if we can use appropriate regulatory policies,it will play its role in stimulating technological innovation,which will help achieve the goal of building a beautiful China.This article first sorts out relevant domestic and foreign literature and related theories,and analyzes the impact mechanism of environmental regulations on technological innovation.On this basis,this paper selects panel data of 30 provinces in my country from 2005 to 2017,and uses the Sys-GMM estimation method to empirically analyze the intensity of environmental regulations and the effects of different types of regulations on technological innovation.The results show that the intensity of environmental regulation has the effect of first promoting and then inhibiting technological innovation;in terms of heterogeneity,the impact of command-and-control,market-incentive,and public participation environmental regulations on technological innovation also has the effect of first promoting and then inhibiting.The public participation type regulation has the most obvious promotion effect on technological innovation,followed by the market incentive type,and the command and control type is the weakest.In addition,by constructing a threshold model,this paper finds that the impact of environmental regulations on technological innovation has a threshold effect.From a regional perspective,for public participation environmental regulations,it has the most obvious promotion effect on the eastern region;for market-incentive environmental regulations,it has the most obvious promotion effect on the central region;for command-and-control environmental regulations,it has the most significant effect on the central region.The western region has the greatest effect.