Retest on Porter Hypothesis Based on Environmental Policy Regulation Performance——A Key Industrial Survey in Jiangxi Province
Wan Jianxiang
Abstract
Wan Jianxiang
Abstract
argues that the burden of environment regulation on industry can be made up by technology innovation,thus enhancing the industrial performance.To retest hypothesis,this paper empirically tests on industrial competitiveness,innovation capacity and environment protection capability of environmental policy regulation with 2001-2008 panel data of Jiangxi.It is found that pollution tax policy,being the representative of market environmental policy,satisfies hypothesis,while environment construction policy,being the representative of administrative policy,does not satisfy it.Furthermore,by measurement and comparison of performance elastic of environmental policies.It is proved that market environmental policy is easier to meet Porter hypothesis than administrative one.
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argues that the burden of environment regulation on industry can be made up by technology innovation,thus enhancing the industrial performance.To retest hypothesis,this paper empirically tests on industrial competitiveness,innovation capacity and environment protection capability of environmental policy regulation with 2001-2008 panel data of Jiangxi.It is found that pollution tax policy,being the representative of market environmental policy,satisfies hypothesis,while environment construction policy,being the representative of administrative policy,does not satisfy it.Furthermore,by measurement and comparison of performance elastic of environmental policies.It is proved that market environmental policy is easier to meet Porter hypothesis than administrative one.
Key concepts: Porter hypothesis, Environmental policy, Environmental regulation, Industrial policy, Business, Industrial organization, Key (lock), Tax policy