Environment Regulation And Green Technology Innovation

After 40 years of reform and opening up,China has achieved greater economic growth.At the same time,it also bears the cost of resource consumption and environmental pollution.At present,while the economic development is slowing down,higher requirements are placed on the quality of economic development.It can be observed from the unprecedented "13th Five-Year Plan" that regard the concept of "green" as a development concept.However,to achieve green development,we must put great important on green technological innovation.And it is inseparable from the participation and supervision of every society group.Based on this background,this article attempts to explore the impact of administrative environmental regulatory tools,market-based environmental regulatory tools,and public participation-based environmental regulatory tools on green technological innovation from Implementation subject perspective.Based on the relevant theories of neo-classical economics "inhibition theory" and Porter hypothesis,the domestic and foreign literature studies,this article uses regional data from 30 provinces and cities from 2004 to 2015 to examine how different environmental regulatory tools influence green technology innovation,and compare the performance in eastern ?central and western regions.according to the results,first,the direct impact of different types of environmental regulation on green technology innovation is quite different.Administrative environmental regulation promotes the output of green technology innovation.Market-based environmental regulation is conducive to green technology to a certain extent,showing as an inverted “U” relationship;while public participation environmental regulation has a non-linear relationship with green technology innovation.The greater the intensity of public participation in environmental regulation,the green technology innovation will show a trend of decreasing first and then increasing.The different directions of the three types of environmental regulation tools on green technology innovation verify the view of the "weak" Porter hypothesis that environmental regulation has an impact on green technology innovation but the direction is uncertain.Second,the indirect impact of different types of environmental regulations on green technology innovation is quite different.As far as foreign investment is concerned,administrative environmental regulation tools and public participation environmental regulation tools can have an indirect effect on local green technology innovation through foreign investment,while market-based environmentalregulation tools have no significant impact on green technology innovation;in terms of human capital,In terms of all three types of environmental regulation tools,they can affect green technology innovation by affecting human capital levels.Third,the impact of environmental regulations on green technology innovation in different regions is quite different,The different levels of economic development,industrial structure,and resource endowment in the eastern,central,and western regions have led to environmental regulatory tools having different effects on green technological innovation.