ORIGINAL RESEARCH
The Impact of Environmental Regulations on Green Economic Efficiency – Evidence from Beijing-Tianjin-Hebei Urban Agglomeration
Boya Li 1  
,   Xiaoyan He 2  
,   Zewen Niu 3  
,   Jianwei Pan 1  
 
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1
School of Economics, Beijing Wuzi University, No. 321 of Fuhe Street, Beijing 101149, China
2
School of Urban Economics and Public Administration, Capital University of Economics and Business, No. 121 of Huaxiang Zhangjialukou, Beijing 100070, China
3
School of Labor Economics, Capital University of Economics and Business, No. 121 of Huaxiang Zhangjialukou, Beijing 100070, China
CORRESPONDING AUTHOR
Xiaoyan He   

Capital University of Economics and Business, China
Submission date: 2020-07-16
Final revision date: 2020-09-23
Acceptance date: 2020-11-28
Online publication date: 2021-06-01
Publication date: 2021-07-29
 
Pol. J. Environ. Stud. 2021;30(5):4039–4057
 
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ABSTRACT
Environmental regulation is an important factor affecting the green economic efficiency. The purpose of this study is to find out the relationship between environmental regulation and green economic efficiency in Beijing-Tianjin-Hebei urban agglomeration. A framework was constructed in the first to illustrate the necessity of green economic efficiency and explore the mechanism of environmental regulation. Then, we measured the intensity of environmental regulation and green economic efficiency of Beijing-Tianjin-Hebei urban agglomeration through super efficiency SBM model and empirically examined the impact of environmental regulation on green economic efficiency by adopting the panel regression model. The results show that the level of environmental regulation and green economic efficiency in Beijing-Tianjin-Hebei have been constantly improved in 2008-2017. The relationship between environmental regulation and green economic efficiency shows an inverted “U-shaped” curve. So far, the intensity of environmental regulation of all cities in Beijing-Tianjin-Hebei are on the left side of the curve, demonstrating that the enhancement of environmental regulation will promote regional green economic efficiency. Government support has a positive impact on regional green economic efficiency, while regional fixed asset investment has a negative impact. At last, we put forward some suggestions on how to improve environmental regulation and green economic efficiency in Beijing-Tianjin-Hebei urban agglomeration.
eISSN:2083-5906
ISSN:1230-1485