Can environmental information disclosure reduce air pollution? Evidence from China
Previous studies have focused on the reduction effect of regulation-based instruments and economic-based instruments on air pollution, ignoring the importance of environmental information disclosure. Based on the Ambient Air Quality Standards (AAQS), a quasi-natural policy implemented in 2012, this...
| Main Authors: | , , , , |
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| Other Authors: | |
| Format: | Journal Article |
| Language: | English |
| Published: |
2023
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10356/169339 |
| _version_ | 1811687290241548288 |
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| author | Xiong, Lei Long, Hongyu Zhang, Xiang Yu, Chenyang Wen, Zezhou |
| author2 | Nanyang Technopreneurship Center |
| author_facet | Nanyang Technopreneurship Center Xiong, Lei Long, Hongyu Zhang, Xiang Yu, Chenyang Wen, Zezhou |
| author_sort | Xiong, Lei |
| collection | NTU |
| description | Previous studies have focused on the reduction effect of regulation-based instruments and economic-based instruments on air pollution, ignoring the importance of environmental information disclosure. Based on the Ambient Air Quality Standards (AAQS), a quasi-natural policy implemented in 2012, this paper assesses the effect of environmental information disclosure on air pollution through a dynamic spatial difference-in-difference (DID) model using panel data of 269 cities from 2006 to 2017 in China. We find that the implementation of the AAQS results in a 3% reduction of local PM2.5 concentration and a 3.3% reduction of PM2.5 concentration in the surrounding cities. Further analysis suggests that environmental information disclosure reduces air pollution through enhancing public environmental concerns, green innovation, and industrial upgrading. We also explore the moderating effect of government environmental regulation and heterogeneity analysis in different regions. Our findings suggest that government should further develop the scope and quality of environmental quality information disclosure. Moreover, the local government should provide more support for the green transformation of enterprises and provide necessary support during the transition period. In addition, long-term sustainable environmental protection policies must be able to mobilize regional initiatives for green development. |
| first_indexed | 2024-10-01T05:13:58Z |
| format | Journal Article |
| id | ntu-10356/169339 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T05:13:58Z |
| publishDate | 2023 |
| record_format | dspace |
| spelling | ntu-10356/1693392023-07-19T15:35:33Z Can environmental information disclosure reduce air pollution? Evidence from China Xiong, Lei Long, Hongyu Zhang, Xiang Yu, Chenyang Wen, Zezhou Nanyang Technopreneurship Center Business::Accounting::Disclosure Air Pollution Environmental Information Disclosure Previous studies have focused on the reduction effect of regulation-based instruments and economic-based instruments on air pollution, ignoring the importance of environmental information disclosure. Based on the Ambient Air Quality Standards (AAQS), a quasi-natural policy implemented in 2012, this paper assesses the effect of environmental information disclosure on air pollution through a dynamic spatial difference-in-difference (DID) model using panel data of 269 cities from 2006 to 2017 in China. We find that the implementation of the AAQS results in a 3% reduction of local PM2.5 concentration and a 3.3% reduction of PM2.5 concentration in the surrounding cities. Further analysis suggests that environmental information disclosure reduces air pollution through enhancing public environmental concerns, green innovation, and industrial upgrading. We also explore the moderating effect of government environmental regulation and heterogeneity analysis in different regions. Our findings suggest that government should further develop the scope and quality of environmental quality information disclosure. Moreover, the local government should provide more support for the green transformation of enterprises and provide necessary support during the transition period. In addition, long-term sustainable environmental protection policies must be able to mobilize regional initiatives for green development. Published version LX acknowledges the financial supports sponsored by the National Social Science Foundation of China (Grant No. 20CJY040) and the Scientific Research Foundation of Chongqing University of Technology 2023-07-13T06:07:52Z 2023-07-13T06:07:52Z 2023 Journal Article Xiong, L., Long, H., Zhang, X., Yu, C. & Wen, Z. (2023). Can environmental information disclosure reduce air pollution? Evidence from China. Frontiers in Environmental Science, 11. https://dx.doi.org/10.3389/fenvs.2023.1126565 2296-665X https://hdl.handle.net/10356/169339 10.3389/fenvs.2023.1126565 2-s2.0-85148373291 11 en Frontiers in Environmental Science © 2023 Xiong, Long, Zhang, Yu and Wen. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms. application/pdf |
| spellingShingle | Business::Accounting::Disclosure Air Pollution Environmental Information Disclosure Xiong, Lei Long, Hongyu Zhang, Xiang Yu, Chenyang Wen, Zezhou Can environmental information disclosure reduce air pollution? Evidence from China |
| title | Can environmental information disclosure reduce air pollution? Evidence from China |
| title_full | Can environmental information disclosure reduce air pollution? Evidence from China |
| title_fullStr | Can environmental information disclosure reduce air pollution? Evidence from China |
| title_full_unstemmed | Can environmental information disclosure reduce air pollution? Evidence from China |
| title_short | Can environmental information disclosure reduce air pollution? Evidence from China |
| title_sort | can environmental information disclosure reduce air pollution evidence from china |
| topic | Business::Accounting::Disclosure Air Pollution Environmental Information Disclosure |
| url | https://hdl.handle.net/10356/169339 |
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