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The Impact of the Internationalization of ESG Standards on the Trade Competitiveness of Multinational Enterprises:A Difference-in-Differences Test Based on Global Manufacturing Listed Companies
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作者 Yihan Wang 《Proceedings of Business and Economic Studies》 2025年第4期239-244,共6页
This paper takes global manufacturing listed companies from 2010 to 2022 as samples and uses the difference-in-differences(DID)method to empirically examine the impact of the internationalization of ESG standards on t... This paper takes global manufacturing listed companies from 2010 to 2022 as samples and uses the difference-in-differences(DID)method to empirically examine the impact of the internationalization of ESG standards on the trade competitiveness of multinational enterprises and their mechanisms.The research finds that the internationalization of ESG standards significantly enhances the trade competitiveness of multinational manufacturing enterprises,and this effect is dynamic and sustainable.The mechanism analysis indicates that the internationalization of ESG standards exerts its influence through three pathways:reducing enterprise financing costs,promoting technological innovation,and enhancing brand reputation.The heterogeneity analysis shows that this effect is more significant in enterprises from developed countries,high-pollution industries,and larger enterprises.This paper provides micro-level evidence for understanding the economic consequences of the internationalization of ESG standards and offers policy implications for multinational enterprises to cope with the global ESG rule changes and enhance their trade competitiveness. 展开更多
关键词 Internationalization of ESG standards Trade competitiveness Multinational enterprises difference-in-differences method Manufacturing industry Online publication:September 10 20251.Introduction
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Impact of county-to-district conversion on the urban-rural integration development: A case study from Jiangsu Province,China
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作者 MENG Gui WANG Kaiyong +1 位作者 WANG Fuyuan LI He 《Regional Sustainability》 2026年第2期59-74,共16页
County-to-district conversion(CDC) has restructured the pattern of urban-rural development and influenced the allocation of resources by local governments as well as the urbanization process.However,the impact and mec... County-to-district conversion(CDC) has restructured the pattern of urban-rural development and influenced the allocation of resources by local governments as well as the urbanization process.However,the impact and mechanism of the CDC on China's urban-rural integration development(URID) are not yet clear.Using panel data from 52 county-level cities,districts,and counties in Jiangsu Province of China during 2005–2021,this paper constructed an evaluation system for URID and applied the multi-period difference-in-differences(DID) model to measure the impact of the CDC on URID and identify its primary mechanisms of action.The results demonstrated that the CDC has significantly fostered URID,though with pronounced regional heterogeneity.Specifically,while the CDC facilitated URID in the southern and central Jiangsu Province—regions characterized by high socio-economic development—it exerted a less significant impact in the comparatively underdeveloped northern Jiangsu Province.Mechanistically,the implementation of the CDC promotes equal regional development,enhances rural selfdevelopment capacity,improves environmental quality and living standards,and optimizes urban-rural land allocation and transport networks.Ultimately,this study clarifies the role of the CDC in China,provides insights for achieving URID,and offers a reference for other countries pursuing coordinated urban-rural development. 展开更多
关键词 County-to-district conversion(CDC) Urban-rural integration development(URID) multi-period difference-in-differences(DID) County-level city
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Effect evaluation of carbon sequestration of grassland ecological compensation policy:Evidence from China’s Yellow River Basin
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作者 Xiao Zhang Daoxiong Chen Shunbo Yao 《Chinese Journal of Population,Resources and Environment》 2026年第1期27-40,共14页
The Grassland Ecological Compensation Policy(GECP)is a large-scale project that has been investing in China since 2011.Despite the significant investment and long duration of the GECP,its impact on carbon sequestratio... The Grassland Ecological Compensation Policy(GECP)is a large-scale project that has been investing in China since 2011.Despite the significant investment and long duration of the GECP,its impact on carbon sequestration in grasslands remains unclear.Based on panel data from prefecture-level cities in the Yellow River Basin(YRB)from 2000 to 2020,this study explored the effects of the GECP on grassland carbon sequestration in the YRB and its heterogeneity using a time-varying difference-in-differences(TV-DID)model.Subsequently,we predicted changes in carbon sequestration in grasslands under the influence of the GECP from 2021 to 2040 using a simulation.The main conclusions are as follows:First,the implementation of the GECP promoted carbon sequestration in grasslands.This conclusion was validated after conducting a series of robustness tests.Moreover,the effects of the GECP were heterogeneous across different geographical locations,highway densities,and grassland areas.Finally,the simulation results indicated that over the next 20 years,grassland carbon sequestration will generally increase but exhibit cyclical changes.The government should align the principles and objectives of the GECP with local geographic conditions,resource availability,and socio-economic development.It must formulate and implement tailored policies that maximize the ecological protection benefits of the GECP and promote carbon sequestration in the grasslands of the YRB. 展开更多
关键词 Grassland ecological compensation policy Grassland carbon sequestration Time-varying difference-in-differences model Heterogeneity analysis Simulation test
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Analysis of impact mechanism of the Yangtze River Delta integration upon county-level air pollution
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作者 Dan Li Rongrong Fang +4 位作者 Yuhang Liu Cheng Tang Sanmang Wu Yalin Lei Jiaman Li 《Chinese Journal of Population,Resources and Environment》 2026年第1期77-93,共17页
The Yangtze River Delta(YRD)is one of China’s most economically dense regions with the most dynamic county-level economies.The YRD’s success in addressing air pollution at the county level directly affects the ecolo... The Yangtze River Delta(YRD)is one of China’s most economically dense regions with the most dynamic county-level economies.The YRD’s success in addressing air pollution at the county level directly affects the ecological security of the Yangtze River Economic Belt.This study utilizes panel data of 151 counties in the YRD from 2003 to 2022.It regards the expansion of members of the YRD Urban Economic Coordination Council as a quasi-natural experiment.This study analyzes the influence of regional integration on county-level air pollution using the difference-in-differences approach,the synthetic difference-in-differences methodology,and spatial econometrics.Our findings indicate that:(1)regional integration can significantly reduce air pollution at the county level;(2)the environmental impact of regional integration is heterogeneous,influenced by regional differences,administrative constraints,and industrial foundations;and(3)regional integration reduces air pollution through advancing industrial structure and technological innovation,along with spatial spillover impacts.Therefore,policymakers should attach importance to air quality governance in counties,deepen regional integration strategies,optimize industrial structures,enhance technological innovation,and strengthen collaborative environmental governance to continuously promote regional sustainable development. 展开更多
关键词 Regional integration Expansion of the Yangtze River Delta County-level air pollution difference-in-differences methodology Spatial econometrics
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Evaluating Carbon Emission Reduction Effect,Transmission Mechanism,and Carbon Market Efficiency of Carbon Emission Trading Policy:Evidence from China
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作者 Xinyue Dong Ying Wang +2 位作者 Siyue Zhu Jinliang Zhang Zhongfu Tan 《CSEE Journal of Power and Energy Systems》 2026年第1期424-436,共13页
The carbon emission trading policy is a key policy for China to achieve its dual carbon goals.This paper aims to examine the emission-reduction effects,transmission mechanisms,and carbon-market efficiency of China’s ... The carbon emission trading policy is a key policy for China to achieve its dual carbon goals.This paper aims to examine the emission-reduction effects,transmission mechanisms,and carbon-market efficiency of China’s carbon-emission trading policy from 2012 to 2023.We adopt the difference-in-differences(DID)model to analyze the effects of policy on emissions,and the empirical results from the DID model confirm that the pilot carbon emission trading policy has significantly reduced carbon emission intensity in pilot areas.Then we use the mediation model to study the transmission mechanism of the pilot carbon emission trading policy,and the mediation analysis demonstrates that the pilot carbon emission trading policy achieves emission abatement through four parallel transmission channels:scientific innovation,energy conservation,clean energy substitution,and industrial structure upgrading.Data envelopment analysis evaluates the carbon market efficiency of China.The result shows that the average carbon market efficiency of pilot areas has improved steadily,particularly from 2012 to 2023,especially in Beijing,Hubei,and Guangdong.Moreover,the efficiency of the national carbon market has shown an upward trend since its 2021 launch;it remains lower than the pilot average,constrained primarily by limited sectoral coverage,which impacts scale efficiency. 展开更多
关键词 Data envelopment analysis difference-in-differences model emission reduction effect mediation model pilot carbon emission trading policy
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Multi-Period Optimal Distribution Model of Energy Medium and Its Application 被引量:3
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作者 ZHANG Qi TI Wei +2 位作者 CAI Jiu-ju DU Tao WANG Ai-hua 《Journal of Iron and Steel Research International》 SCIE EI CAS CSCD 2011年第8期37-41,共5页
A mathematical model of optimal energy medium distribution in steelmaking process is formulated. In this model, three kinds of important energy mediums including byproduct gases, steam and electricity are considered, ... A mathematical model of optimal energy medium distribution in steelmaking process is formulated. In this model, three kinds of important energy mediums including byproduct gases, steam and electricity are considered, and the objective function accounts for both the change of generation and consumption of the byproduct gases and the demand of low (or middle) pressure steam and electricity for each period to maximize the benefit of products cost and minimize the consumption of energy. The results indicate that the optimal distribution scheme of byproduct gases, middle pressure steam, low pressure steam and electricity is achieved and case study shows that 6% of operation cost is reduced by using the proposed model comparing with the previous model. 展开更多
关键词 energy medium byproduct gas multi-period optimal distribution energy saving
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Simulation of methane adsorption in diverse organic pores in shale reservoirs with multi-period geological evolution 被引量:5
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作者 Shangbin Chen Chu Zhang +2 位作者 Xueyuan Li Yingkun Zhang Xiaoqi Wang 《International Journal of Coal Science & Technology》 EI CAS CSCD 2021年第5期844-855,共12页
In shale reservoirs,the organic pores with various structures formed during the thermal evolution of organic matter are the main storage site for adsorbed methane.However,in the process of thermal evolution,the adsorp... In shale reservoirs,the organic pores with various structures formed during the thermal evolution of organic matter are the main storage site for adsorbed methane.However,in the process of thermal evolution,the adsorption characteristics of methane in multi type and multi-scale organic matter pores have not been sufficiently studied.In this study,the molecular simulation method was used to study the adsorption characteristics of methane based on the geological conditions of Longmaxi Formation shale reservoir in Sichuan Basin,China.The results show that the characteristics of pore structure will affect the methane adsorption characteristics.The adsorption capacity of slit-pores for methane is much higher than that of cylindrical pores.The groove space inside the pore will change the density distribution of methane molecules in the pore,greatly improve the adsorption capacity of the pore,and increase the pressure sensitivity of the adsorption process.Although the variation of methane adsorption characteristics of different shapes is not consistent with pore size,all pores have the strongest methane adsorption capacity when the pore size is about 2 nm.In addition,the changes of temperature and pressure during the thermal evolution are also important factors to control the methane adsorption characteristics.The pore adsorption capacity first increases and then decreases with the increase of pressure,and increases with the increase of temperature.In the early stage of thermal evolution,pore adsorption capacity is strong and pressure sensitivity is weak;while in the late stage,it is on the contrary. 展开更多
关键词 Adsorption mechanism Shale reservoir Diverse pores multi-period geological evolution Thermal evolution
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Practical operation and theoretical basis of difference-in-difference regression in science of science:The comparative trial on the scientific performance of Nobel laureates versus their coauthors 被引量:2
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作者 Yurui Huang Chaolin Tian Yifang Ma 《Journal of Data and Information Science》 CSCD 2023年第1期29-46,共18页
Purpose:In recent decades,with the availability of large-scale scientific corpus datasets,difference-in-difference(DID)is increasingly used in the science of science and bibliometrics studies.DID method outputs the un... Purpose:In recent decades,with the availability of large-scale scientific corpus datasets,difference-in-difference(DID)is increasingly used in the science of science and bibliometrics studies.DID method outputs the unbiased estimation on condition that several hypotheses hold,especially the common trend assumption.In this paper,we gave a systematic demonstration of DID in the science of science,and the potential ways to improve the accuracy of DID method.Design/methodology/approach:At first,we reviewed the statistical assumptions,the model specification,and the application procedures of DID method.Second,to improve the necessary assumptions before conducting DID regression and the accuracy of estimation,we introduced some matching techniques serving as the pre-selecting step for DID design by matching control individuals who are equivalent to those treated ones on observational variables before the intervention.Lastly,we performed a case study to estimate the effects of prizewinning on the scientific performance of Nobel laureates,by comparing the yearly citation impact after the prizewinning year between Nobel laureates and their prizewinning-work coauthors.Findings:We introduced the procedures to conduct a DID estimation and demonstrated the effectiveness to use matching method to improve the results.As a case study,we found that there are no significant increases in citations for Nobel laureates compared to their prizewinning coauthors.Research limitations:This study ignored the rigorous mathematical deduction parts of DID,while focused on the practical parts.Practical implications:This work gives experimental practice and potential guidelines to use DID method in science of science and bibliometrics studies.Originality/value:This study gains insights into the usage of econometric tools in science of science. 展开更多
关键词 Science of Science BIBLIOMETRICS difference-in-differENCE CEM PSM Nobel Prize
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A systematic strategy for multi-period heat exchanger network retrofit under multiple practical restrictions 被引量:5
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作者 Lixia Kang Yongzhong Liu 《Chinese Journal of Chemical Engineering》 SCIE EI CAS CSCD 2017年第8期1043-1051,共9页
A systematic strategy for retrofit of the multi-period heat exchanger network (HEN) on the basis of the multi- objective optimization is developed. In this three-stage procedure, a simplified multi-objective optimiz... A systematic strategy for retrofit of the multi-period heat exchanger network (HEN) on the basis of the multi- objective optimization is developed. In this three-stage procedure, a simplified multi-objective optimization model of the multi-period lIEN is first established and then solved to target the retrofit, aiming to minimizing the total annual cost and total annual CO2 emissions. The obtained Pareto front represents series of retrofit targets under different emission limitations, from which the most desirable one can be selected. The matching of the existing and the required heat exchangers is further implemented to finalize the retrofit, which will meet the practical retrofit requirements and matching restrictions. The application of the proposed procedure is illustrated through a case study of a HEN in a vacuum gas oil hydro-treating unit. 展开更多
关键词 Heat exchanger network multi-period operation CO2 emission Retrofit restrictions
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Synergic Effect of Reworking for Imperfect Quality Items with the Integration of Multi-Period Delay-in-Payment and Partial Backordering in Global Supply Chains 被引量:1
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作者 Waqas Ahmed Muhammad Moazzam +1 位作者 Biswajit Sarkar Saif Ur Rehman 《Engineering》 SCIE EI 2021年第2期260-271,共12页
In intercontinental trade and economics goods are bought from a global supplier.On occasion,the expected lot may include a fraction of defective items.These imperfect items still have worth and can be sold to customer... In intercontinental trade and economics goods are bought from a global supplier.On occasion,the expected lot may include a fraction of defective items.These imperfect items still have worth and can be sold to customers after repair.It is cost-effective and sustainable to rework such items in nearby repair workshops rather than return them.The reworked items can be returned from the workshop to the buyer when shortages are equal to the quantity of imperfect items.In the meantime,the supplier correspondingly deals a multi-period delay-in-payments strategy with purchaser.The entire profit has been maximized with paybacks for interim financing.This study aims to develop a synergic inventory model to get the most profit by making an allowance for reworking,multi-period delay-in-payments policy,and shortages.The findings of the proposed model augment inventory management performance by monitoring cycle time as well as fraction of phase with optimistic inventory for a supply chain.The results demonstrate that profit is smaller if the permitted period given by supplier to buyer is equal to or greater than the cycle time,and profit is greater if the permitted period is smaller than the cycle time.The algebraic method is engaged to make a closed system optimum solution.The mathematical experiment of this study is constructed to provide management insights and tangible practices. 展开更多
关键词 Imperfect items REWORK Shortages multi-period delay-in-payments Non-derivative methodology
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Design of multi-band frequency selective surfaces using multi-periodicity combined elements 被引量:1
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作者 Lu Mingyun Huang Minjie Wu Zhe 《Journal of Systems Engineering and Electronics》 SCIE EI CSCD 2009年第4期675-680,共6页
Traditional multi-band frequency selective surface (FSS) approaches are hard to achieve a perfect resonance response in a wide band due to the limit of the onset grating lobe frequency determined by the array. To so... Traditional multi-band frequency selective surface (FSS) approaches are hard to achieve a perfect resonance response in a wide band due to the limit of the onset grating lobe frequency determined by the array. To solve this problem, an approach of combining elements in different period to build a hybrid array is presented. The results of series of numerical simulation show that multi-periodicity combined element FSS, which are designed using this approach, usually have much weaker grating lobes than the traditional FSS. Furthermore, their frequency response can be well predicted through the properties of their member element FSS. A prediction method for estimating the degree of expected grating lobe energy loss in designing multi-band FSS using this approach is provided. 展开更多
关键词 frequency selective surface MULTI-BAND grating lobe multi-periodicity combined element
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Carbon storage dynamics of subtropical forests estimated with multi-period forest inventories at a regional scale:the case of Jiangxi forests 被引量:1
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作者 Qiugen Zhang Hao Ye +3 位作者 Yuan Ding Qun Cao Yangjian Zhang Ke Huang 《Journal of Forestry Research》 SCIE CAS CSCD 2020年第4期1247-1254,共8页
Temperate and high-latitude forests are carbon sinks and play pivotal roles in offsetting greenhouse gas emissions of CO2.However,uncertainty still exists for subtropical forests,especially in monsoon-prevalent easter... Temperate and high-latitude forests are carbon sinks and play pivotal roles in offsetting greenhouse gas emissions of CO2.However,uncertainty still exists for subtropical forests,especially in monsoon-prevalent eastern Asia.Earlier studies have depended on remote sensing,ecosystem modeling,carbon fluxes,or single period forest surveys to estimate carbon sequestration capacities,and the results vary significantly.This study was designed to utilize multi-period forest survey data to explore spatial-dynamics of biomass storage in subtropical forests of China.Jiangxi province,a region with over 60%subtropical forest cover,was selected as the case study site and is located in central east China.Based on forest inventory data 1984-2013,and the stock-difference and biomass expansion factor methods,the carbon storage and density,of arboreal forests,economic forests,bamboo forests,woodlands and shrubberies were estimated.The results show that carbon storage increased from 159.1 Tg C in 1988 to 276.1 TgC in 2013,making up 3.1-3.8%of carbon stored throughout China.Among the four types of forests,the amount of carbon stored was as follows:arboreal forest>economic forest>bamboo forest>woodland and shrubbery.Arboreal forests accounted for 64.0-79.4%of the total.Forest carbon density increased from 21.2 Mg C ha-1 in 1984 to26.2 Mg C ha-1 in 2013,equal to 61.2-70.2%of the average carbon density of China’s forests in the same period.Forest carbon storage in Jiangxi will reach 355.5 Tg C and 535.8 Tg C in 2020 and 2030,respectively,and forest carbon density is predicted to be 31.9 Mg C ha-1and 46.4 Mg C ha-1,respectively.As one of the few studies using multi-period data tracking biomass dynamics in Jiangxi province,the findings of this study may be used as a reference for other research.Using Jiangxi as a case study underlies the fact that subtropical forests in China have great carbon sequestration potential and have fundamental significance to offset global environmental change effects. 展开更多
关键词 Subtropical forests Carbon storage/carbon density multi-period inventories Prediction Jiangxi Province
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Breaking down the barriers to clean air:The effects of China’s Zero-Waste City policy on PM_(2.5)concentration 被引量:2
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作者 Wei Wang 《Chinese Journal of Population,Resources and Environment》 2025年第1期75-84,共10页
As urbanization accelerates globally,air pollution-particularly PM_(2.5)-is becoming an increasingly significant threat,not only to public health but also the environment.In-depth research on the impact of China’s Ze... As urbanization accelerates globally,air pollution-particularly PM_(2.5)-is becoming an increasingly significant threat,not only to public health but also the environment.In-depth research on the impact of China’s Zero Waste City pilot policy on PM_(2.5)concentration offers valuable insights into the policy’s effectiveness and provides a potential model for environmental governance worldwide.This study employs panel data from 293 Chinese cities from 2014 to 2022 to systematically analyze the impact of the Zero-Waste City policy on PM_(2.5)concentration using a difference-in-differences model.The findings indicate that the policy not only directly reduces PM_(2.5)concentration but also indirectly curbs PM_(2.5)emissions by enhancing green innovation and green economic efficiency.Moreover,the policy’s effects are found to be positively moderated by urban energy dependence and digital financial inclusion,while they are negatively moderated by the government debt ratio.Based on these findings,this study suggests that cities should actively develop their digital economy,reduce government debt,promote green innovation,and improve green economic efficiency,as doing so will enhance their implementation of environmental policies and promote sustainable urban development. 展开更多
关键词 Zero-Waste City pilot policy PM_(2.5) Green innovation Green economy Sustainable development difference-in-differences model
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Pollution and carbon reduction effects of the pilot policy on clean winter heating in Northern China:Evidence from the county level 被引量:1
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作者 Yan Chen Jiaqi Li +1 位作者 Yue Zhang Fan Yang 《Chinese Journal of Population,Resources and Environment》 2025年第1期85-95,共11页
Coal dependence and inefficient decentralized heating have significantly increased China’s energy consumption for winter heating,increasing air pollution and exacerbating the greenhouse effect.In 2017,China implement... Coal dependence and inefficient decentralized heating have significantly increased China’s energy consumption for winter heating,increasing air pollution and exacerbating the greenhouse effect.In 2017,China implemented the Pilot Policy on Clean Winter Heating in Northern China,aiming to achieve high central heating coverage and cleaner energy consumption.Studying the effects of this policy can help promote its implementation and serve as a reference for effective adjustment of the contents in the future.However,few studies have investigated this policy and its carbon reduction effects,and most focus on the provincial or city levels.Therefore,this paper considers the policy’s influence on air pollution and carbon emissions at the county level to provide a precise and comprehensive assessment of the policy effects.We use panel data from 1290 counties in 15 provinces in Northern China from 2014 to 2021,applying a multiperiod difference-in-differences model to quantify the impact of the policy on carbon emissions and air quality in the pilot area.We then conduct a series of tests to demonstrate the robustness of the results and analyze the mechanisms of the policy effects from two perspectives,namely,central heating and natural gas use,through a mediating effect model.Finally,we examine the heterogeneity of policy effects between counties based on geographic location and per capita income levels of rural residents through a moderating effect model.The results reveal that the policy significantly reduces air pollution and carbon emissions in the pilot area by increasing the central heating area and natural gas use.Compared with the central and western regions in the north and areas with low-income rural residents,the policy effects in the eastern regions in the north and areas with high-income rural residents are more pronounced. 展开更多
关键词 Pilot policy on clean winter heating Pollution and carbon reduction Multiperiod difference-in-differences model County-level analysis Northern China
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Can Volunteering Cultivate Non-Cognitive Abilities of College Students?——A Causal Analysis Based on Longitudinal Survey Data and a Difference-in-Differences Method
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作者 HU Pingping NIU Xinchun WANG Weiping 《Frontiers of Education in China》 2025年第1期54-73,共20页
Based on personality trait theory and experiential learning theory,lots of studies have revealed a reverse causal relationship between volunteering and the non-cognitive abilities of college students.Using data from a... Based on personality trait theory and experiential learning theory,lots of studies have revealed a reverse causal relationship between volunteering and the non-cognitive abilities of college students.Using data from a longitudinal survey of college students in Hunan Province,China,this study employed the difference-in-differences method to examine the causal relationship between volunteering and non-cognitive abilities,aiming to determine whether volunteering screens or cultivates the non-cognitive abilities of college students.The findings confirmed the screening effect of volunteering on extraversion and conscientiousness and the cultivating effect on agreeableness.However,there was neither a screening effect nor a cultivating effect on emotional stability and openness.It is indicated that volunteering during college primarily screens the non-cognitive abilities of students through personality trait mechanisms,with a limited cultivating effect on non-cognitive abilities.This highlights the necessity to prompt a re-evaluation of how volunteering fulfills its educational function. 展开更多
关键词 VOLUNTEERING non-cognitive abilities causal relationship difference-in-differences(DID) longitudinal survey
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Alleviating Poverty Like China:Evidence from the Poverty Alleviation and Development Plans
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作者 Li Hui Zhang Ziyao Yin Heng 《中国经济学人(中英文)》 2025年第5期2-23,共22页
Amid China’s rapid economic growth,significant regional imbalances persisted.To address this disparity,it is essential to pursue high-quality development by fostering endogenous drivers within poverty-stricken areas.... Amid China’s rapid economic growth,significant regional imbalances persisted.To address this disparity,it is essential to pursue high-quality development by fostering endogenous drivers within poverty-stricken areas.In late 2011,the Chinese government introduced a new nationwide regional poverty alleviation and development program.This study examines the macroeconomic impacts and micro-level mechanisms of these policies by leveraging manually compiled policy documents and macro and micro data(county economies,enterprises,and land transactions),using a DID approach.The findings reveal that the program significantly boosted economic growth in poor regions without causing negative spillovers to neighboring or paired-assistance areas.Economic growth in the assisted regions was primarily driven by industrialization,encompassing both scale expansion and efficiency gains.A cost-benefit analysis further confirms substantial economic returns and long-term fiscal sustainability.These results provide important policy implications for refining regional poverty policies and advancing balanced development. 展开更多
关键词 Regional poverty policy High-quality development difference-in-differences(DID)
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Regression-based estimators in difference-in-differences with time-varying covariates
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作者 Lihua Lin Xiaofeng Li 《Journal of Management Science and Engineering》 2025年第3期366-413,共48页
This study proposes a regression-based estimation method in difference-in-differences settings in the presence of time-varying covariates-a scenario commonly encountered in applications.We impose only a conditional pa... This study proposes a regression-based estimation method in difference-in-differences settings in the presence of time-varying covariates-a scenario commonly encountered in applications.We impose only a conditional parallel trends assumption with timevarying covariates and plausible assumptions on the conditional expectation functions.We show that a family of causal effect parameters is exactly the coefficient estimators from our proposed regressions even in the presence of staggered treatment timing and treatment effect heterogeneity across cohorts,time periods,and covariates.These parameters can be further aggregated to the dynamic treatment effects and the overall effect of being treated.We establish the corresponding asymptotic properties.Simulation studies suggest that our proposed regression-based estimators successfully outperform in estimating the causal parameters.Finally,we apply this method to evaluate the effect of intrastate bank deregulation on income inequality in the United States in the setting of Beck et al.(2010).We find substantially different results based on our proposed method. 展开更多
关键词 difference-in-differences Absorbing adoption design Fixed effects Regression-based estimators Time-varying covariates
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Is the green credit policy useful for improving energy intensity? Evidence from cities in China
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作者 Ting Pan Boqiang Lin 《Financial Innovation》 2025年第1期919-947,共29页
The green credit policy(GCP)is an essential financial policy tool for solving the problem of environmental pollution,and urban energy conservation is an effective way to achieve the goal of carbon neutrality.However,e... The green credit policy(GCP)is an essential financial policy tool for solving the problem of environmental pollution,and urban energy conservation is an effective way to achieve the goal of carbon neutrality.However,existing research has not verified the energy-saving effects of green credit(GC)at the city level.Based on panel data from 283 cities in China,this study aims to investigate whether GC can effectively reduce urban energy intensity(EI),which is an important complement to existing research.In terms of research methods,to better evaluate the effect of the policy and exclude the influence of other relevant factors,this study considers the promulgation of the Green Credit Guideline(GCG)in 2012 as the basic event,uses the difference-in-differences(DID)model to investigate the impact of GC on EI,and discusses the main impact mechanism.The key results are follows.(1)GC can effectively reduce urban EI.(2)Public environmental demand positively regulates the negative correlation between GC and EI.(3)GC reduces EI through three main channels:government support,capital investment,and technological innovation;however,the mechanism of industrial structure has no significant effect.(4)The effect of GC is more significant in areas with large urban scales,low environmental regulation intensity,and high industrial agglomeration.Based on the above results,this study presents puts forward targeted policy recommendations to strengthen the role of GC in urban sustainable development. 展开更多
关键词 Green credit policy Energy intensity Public environmental appeal difference-in-differences model
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Impact of improved air quality on lung function and blood pressure of middle-aged and older population in China
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作者 Xiuling Zhao Andreas M.Neophytou 《Journal of Environmental Sciences》 2025年第9期846-857,共12页
Long-term exposure to fine particulate matters(PM_(2.5))has been associated with respiratory and cardiovascular diseases and the burden are potentially higher in China experiencing heavy air pollution.In this study,we... Long-term exposure to fine particulate matters(PM_(2.5))has been associated with respiratory and cardiovascular diseases and the burden are potentially higher in China experiencing heavy air pollution.In this study,we established the exposure-response association between long-term exposures to PM_(2.5)and lung function and blood pressure in Chinesemiddle-aged and older adults using linearmixed-effects and generalized additive mixedmodels based on 3 waves longitudinal health outcomes data by enrolling 19,988 participants from 121 cities across themainland of China.We also assessed the effect of Clean Air Policy(CAP)based on a quasi-experimental difference-in-differences(DID)design.A 10μg/m^(3)increase in PM_(2.5)concentration was associated with a 7.18(95%confidence interval[CI]:-8.35,-6.02)L/min decrease in PEF(peak expiratory flow)and a 0.72(95%[CI]:0.53,0.90)and a 0.30(95%[CI]:0.18,0.42)mmHg increase in systolic and diastolic blood pressure,respectively.The associations were more pronounced in males and rural areas for PEF,but similar across subgroups for blood pressure.DID results suggested that the effect of CAP on health outcomes were sensitive tomagnitudes of reduction in PM_(2.5).A 5μg/m^(3)reduction in PM_(2.5)or more generally led to 18.70(95%[CI]:0.79,36.61)higher PEF and-2.05(95%[CI]:-3.87,-0.23)lower diastolic blood pressure,respectively,compared to no reduction or increase in exposure.However,the effects were significant only in rural areas.Our analysis support CAP aiming to benefit public health and provides insights to inform future control policy for efficiently decreasing air pollution exposure burden. 展开更多
关键词 PM_(2.5) Lung function Blood pressure Clean Air Policy difference-in-difference model
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A holistic approach to evaluating environmental policy impact using a difference-in-differences model
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作者 Jianglong Cui Tiansen Zou +7 位作者 Hengyuan Zhao Xiaodie Zhang Guowen Li Shengwang Gao Chunjian Lv Qiuheng Zhu Lieyu Zhang Haisheng Li 《Environmental Science and Ecotechnology》 2025年第2期40-46,共7页
Environmental protection policies(EPPs)play a pivotal role in advancing sustainable development and maintaining ecological balance by establishing clear directives and standards.However,a comprehensive methodology to ... Environmental protection policies(EPPs)play a pivotal role in advancing sustainable development and maintaining ecological balance by establishing clear directives and standards.However,a comprehensive methodology to evaluate the effectiveness of these policies remains underdeveloped.Here,we employ a difference-in-differences(DID)approach to assess the effectiveness of EPPs,using the implementation of the Resident Work(RW)policy as a quasi-natural experiment.Drawing on urban-level panel data from the Yangtze River Basin between 2016 and 2021,we demonstrate that the DID model robustly evaluates the RW policy's impact on water quality improvement.Cities that adopted the RW policy experienced a 0.0098 reduction in water pollution compared to non-adopting cities.A dynamic analysis revealed progressive water quality improvements over time,with stronger effects observed in economically disadvantaged cities.Furthermore,higher policy evaluation scores correlated with greater improvements in water quality.This study highlights the utility of the DID model in quantifying EPP effectiveness and offers a scalable framework for policy evaluation in environmental management. 展开更多
关键词 Environmental protection policies Resident work policy difference-in-differences Water quality Yangtze River Basin
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