The industrial policy measure “Made in China 2025” significantly promotes green innovation in enterprises.
Authors
- DOI
- https://doi.org/10.56506/VAXI8481
- Pages
- 29
- Published in
- Philippines
Table of Contents
- ADBI Working Paper Series 1
- IMPACT OF MADE IN CHINA 2025 INDUSTRIAL STRATEGY ON FIRMS GREEN INNOVATION A QUASI-NATURAL EXPERIMENT 1
- Contents 4
- 1. INTRODUCTION 5
- 2. THEORETICAL ANALYSIS AND 6
- RESEARCH HYPOTHESIS 6
- 2.1 Background and Content of the Industrial Policy 6
- 2.2 Industrial Policy and Enterprise Green Innovation 7
- 2.3 Indirect Influence Mechanisms 9
- 3. MODEL CONSTRUCTION AND DATA DESCRIPTION 10
- 3.1 Model Construction 10
- 3.2 Variable Descriptions and Data Sources 11
- 3.2.1 Dependent Variable 11
- 3.2.2 Independent Variable 11
- 3.2.3 Control Variables 12
- 3.3 Data Sources 12
- 4. EMPIRICAL ANALYSIS 13
- 4.1 Correlation Analysis 13
- 4.2 Baseline Regression Results and Discussion 13
- 4.3 Parallel Trend Test 14
- 4.4 Placebo Test 15
- 4.5 PSM-DID 17
- 4.6 Robustness Tests 18
- 4.7 Heterogeneity Analysis 19
- 4.7.1 Regional Heterogeneity 19
- 4.7.2 Enterprise-Type Heterogeneity 20
- 5. FURTHER ANALYSIS 21
- 6. CONCLUSION AND RECOMMENDATIONS 23
- 6.1 Conclusions 23
- 6.2 Policy Recommendations 23
- REFERENCES 25
- APPENDIX 28
