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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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Evaluation of the Influence of the Chengdu-Chongqing Economic Circle as an Economic Center and Enhancement Strategies: An Empirical Analysis Based on SDID and Entropy- Weighted TOPSIS
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作者 Zhou Dong 《Contemporary Social Sciences》 2025年第5期65-84,共20页
This paper focuses on Chengdu and Chongqing’s positioning as important economic center in western China and their evolving into an economic center of national influence.On the one hand,it uses the synthetic differenc... This paper focuses on Chengdu and Chongqing’s positioning as important economic center in western China and their evolving into an economic center of national influence.On the one hand,it uses the synthetic difference-in-differences(SDID)method to analyze the impact of policies since 2011 designed to build Chengdu and Chongqing into an important economic center in western China.On the other hand,it employs the entropy-weighted TOPSIS method to comprehensively evaluate the influences of ten core Chinese cities as economic centers within four major urban agglomerations,as well as conduct an analytical assessment of the Chengdu-Chongqing economic circle from key perspectives such as its capacity to lead,capacity to agglomerate,and capacity to radiate.From a longitudinal historical perspective,both Chengdu and Chongqing have benefited significantly from policies designed to build an important economic center in western China,and which laid a foundation for building an economic center of national influence.From a horizontal regional comparison,among the ten core cities evaluated as economic centers within the four major urban agglomerations,Chengdu and Chongqing ranked in the middle,possessing a moderate but not yet outstanding influence.Consequently,to evolve into an economic center of national influence,the Chengdu-Chongqing economic circle should leverage its relative advantages in connectivity,market size,value chain division of labor,policy attractiveness,and industry development.It can enhance its influence by strengthening the complementarity of its economic resources,overcoming the administrative inertia,accelerating the establishment of a regional innovation system,broadening the scope of its economic radiation,and promoting its comprehensive and all-dimensional opening-up. 展开更多
关键词 Chengdu-Chongqing economic circle influence of economic center urban agglomeration entropy-weighted TOPSIS Method synthetic difference-in-differences(sdid)
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碳排放权交易减轻中国工业碳锁定了吗?--基于DID及SDID方法的实证分析 被引量:13
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作者 孙丽文 赵鹏 +1 位作者 任相伟 韩莹 《科技管理研究》 CSSCI 北大核心 2020年第9期205-211,共7页
碳排放权交易已在多个试点地区实施多年,利用建模分析方法,探讨碳排放权交易对地区工业碳锁定程度的影响。采集中国30个省区市2010-2016年面板数据,计算工业碳锁定系数,依此测算工业碳锁定程度,并运用双重差分法(DID)和空间计量-双重差... 碳排放权交易已在多个试点地区实施多年,利用建模分析方法,探讨碳排放权交易对地区工业碳锁定程度的影响。采集中国30个省区市2010-2016年面板数据,计算工业碳锁定系数,依此测算工业碳锁定程度,并运用双重差分法(DID)和空间计量-双重差分法(SDID)加以研究。研究结果表明,碳排放权交易能够有效减轻本地区工业碳锁定程度,且我国工业碳锁定存在明显的空间溢出效应,碳排放权交易在某一地区的实施,同样可减轻其相邻地区工业碳锁定程度。 展开更多
关键词 碳排放权交易 工业碳锁定 DID sdid
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智能制造如何影响企业碳减排成本?——基于多时点DID的实证研究
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作者 朱妍妍 杨小辉 《科技和产业》 2026年第7期300-306,共7页
以2010—2023年智能制造试点企业为样本,运用交叠差分模型(SDID)分析智能制造对企业碳减排成本的影响。结果显示,智能制造显著降低了企业碳减排成本,且在获得外部支持的企业中作用更为突出。机制分析表明,其通过技术升级、资源优化与产... 以2010—2023年智能制造试点企业为样本,运用交叠差分模型(SDID)分析智能制造对企业碳减排成本的影响。结果显示,智能制造显著降低了企业碳减排成本,且在获得外部支持的企业中作用更为突出。机制分析表明,其通过技术升级、资源优化与产业结构升级实现碳减排成本控制。基于此,建议构建企业绿色创新协同机制,实施差异化财税激励与动态环境规制,助力实现碳减排成本控制的动态平衡。 展开更多
关键词 智能制造 碳减排成本 交叠双重差分(sdid)
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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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长江经济带高铁开通对城市生态效率的影响——基于DID与SDID的实证分析 被引量:16
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作者 邓荣荣 张翱祥 陈鸣 《华东经济管理》 CSSCI 北大核心 2021年第5期1-11,共11页
文章对高铁开通影响生态效率的理论机制进行分析,认为高铁开通将形成一种跨越区域界限的影响,这一影响可分为本地效应和溢出效应。进一步基于2007—2018年长江经济带108个城市的面板数据,借助SBM-Undesirable模型测算出城市生态效率,利... 文章对高铁开通影响生态效率的理论机制进行分析,认为高铁开通将形成一种跨越区域界限的影响,这一影响可分为本地效应和溢出效应。进一步基于2007—2018年长江经济带108个城市的面板数据,借助SBM-Undesirable模型测算出城市生态效率,利用高铁开通作为一项准自然实验,运用双重差分模型、PSM-DID模型、空间双重差分模型以及一系列稳健性检验的方法评估了高铁开通对城市生态效率的本地效应和溢出效应。研究发现:高铁开通显著提高了节点城市的生态效率;中介机制分析表明,高铁建设主要通过产业结构升级效应和技术创新效应促进了节点城市生态效率的提升;空间双重差分结果表明,高铁开通不仅改善了节点城市的生态效率,而且显著促进了周边城市生态效率的提升。 展开更多
关键词 长江经济带 高铁开通 生态效率 双重差分模型 空间双重差分模型
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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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国家生态文明试验区与生活方式绿色化 被引量:4
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作者 谢晗进 吴风权 《生态经济》 北大核心 2025年第2期212-221,共10页
为探讨国家生态文明试验区建设对于居民绿色生活方式的影响,将江西、福建、贵州三个省级试验区设定为处理组,基于26个省份的面板数据,运用合成双重差分模型(SDID)检验其对中国绿色生活方式的影响及机制。研究发现,生态文明试验区建设显... 为探讨国家生态文明试验区建设对于居民绿色生活方式的影响,将江西、福建、贵州三个省级试验区设定为处理组,基于26个省份的面板数据,运用合成双重差分模型(SDID)检验其对中国绿色生活方式的影响及机制。研究发现,生态文明试验区建设显著降低了居民生活碳排放强度,即有效改善了居民绿色生活方式,该结论在经过合成控制法(SCM)、更换衡量指标等一系列稳健性检验后仍然成立。机制分析表明,居民生活碳排放下降主要是由于绿色生产过程的优化而非加大了环境保护投入;同时绿色化出行也是使得居民生活碳排放下降的渠道之一,但绿色消费方面的证据则不足以说明其为试验区建设降低居民碳排放的机制之一。另外,环境规制在国家生态文明试验区建设对绿色生活方式的影响过程中起到替代性质的调节作用。 展开更多
关键词 国家生态文明试验区 绿色生活方式 合成双重差分(sdid)
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数字经济对新质生产力的空间溢出效应研究——来自大数据综合试验区的证据 被引量:1
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作者 任会明 余运江 叶明确 《兰州学刊》 2025年第6期95-114,共20页
文章基于2010—2020年中国283个城市的面板数据,采用连续型多期空间双重差分(SDID)模型,实证探究了数字经济对城市新质生产力的空间溢出效应及作用机制。研究发现:国家级大数据综合试验区具有显著的正向空间溢出效应,不仅可以提升本地... 文章基于2010—2020年中国283个城市的面板数据,采用连续型多期空间双重差分(SDID)模型,实证探究了数字经济对城市新质生产力的空间溢出效应及作用机制。研究发现:国家级大数据综合试验区具有显著的正向空间溢出效应,不仅可以提升本地的新质生产力发展水平,同时也会带动邻近地区以及经济距离联系密切城市新质生产力的发展,国家级大数据综合试验区的设立主要通过经济集聚效应传导途径促进本地新质生产力的发展,并可以通过空间关联效应以及经济集聚效应影响邻近地区以及经济距离联系密切的地区。国家级大数据综合试验区的设立对东部地区以及中心城市的溢出效应显著为正,其负向的空间溢出效应体现在中部地区,且中部地区地理衰减效应明显。文章结论不仅有助于深化理解以大数据试验区为代表的数字经济政策对新质生产力的作用效果,也为地方政府借助大数据试验区促进新质生产力提升提供了政策支持。 展开更多
关键词 数字经济 国家大数据综合试验区 新质生产力 空间溢出效应 空间双重差分模型
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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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大数据背景下中国环保政策减排效应的评估
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作者 付连艳 代珂盈 +1 位作者 张子晗 赵禾禾 《沈阳师范大学学报(自然科学版)》 2025年第6期530-548,共19页
合成双重差分(synthetic difference-in-differences,SDID)方法是近年来评估因果效应和进行政策评价的主要工具之一。传统SDID方法基于面板双向固定效应模型,难以有效识别混杂因素,且未对其进行明确调整。为此,融合SDID框架与半参数面... 合成双重差分(synthetic difference-in-differences,SDID)方法是近年来评估因果效应和进行政策评价的主要工具之一。传统SDID方法基于面板双向固定效应模型,难以有效识别混杂因素,且未对其进行明确调整。为此,融合SDID框架与半参数面板数据模型,提出一种半参数合成双重差分方法。该方法通过去除个体和时间固定效应,采用局部线性最小二乘法进行半参数估计,进而计算处理组与合成对照组之间的双重差分效应。理论推导与证明表明了所提出估计量的良好渐近性质。在实证部分,基于《中华人民共和国环境保护法》和《中华人民共和国环境保护税法》评估了规制政策与激励措施对企业节能减排的实际效果。结果为企业与政府科学运用环境政策引导污染治理提供了新依据,也为推动制造业绿色转型提供了新模型与方法支撑。 展开更多
关键词 半参数sdid方法 因果效应 环保补贴 企业碳排放
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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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