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Clean Technologies and Environmental Policy

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31-01-2023 | Original Paper

Research on the influence mechanism of heterogeneous environmental regulation on the manufacturing equipment industry in Asia-Pacific countries

Authors: Xiufan Zhang, Decheng Fan

Published in: Clean Technologies and Environmental Policy | Issue 5/2023

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Abstract

High-end manufacturing equipment industry is an important symbol to measure the core competitiveness of a country's industry. With the strengthening of environmental regulation, the manufacturing equipment industry is facing multi-means environmental regulation. To study the impact of environmental regulation on the manufacturing equipment industry, we establish a joint equation model of multiple mediating variables, collect cross-country panel data of 19 APEC countries from 2009 to 2019, and empirically study the impact mechanism of environmental regulation on the international competitiveness of the manufacturing equipment industry. The empirical results show that environmental regulation can accelerate the transfer of the manufacturing equipment industry and promote green technology innovation to a certain extent. This affects the international competitiveness of the manufacturing equipment industry, and the impact is “U-shaped.” Finally, we put forward countermeasures and suggestions to improve the international competitiveness of the manufacturing equipment industry.

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Title: Research on the influence mechanism of heterogeneous environmental regulation on the manufacturing equipment industry in Asia-Pacific countries
Authors: Xiufan Zhang
Decheng Fan
Publication date: 31-01-2023
Publisher: Springer Berlin Heidelberg
Published in: Clean Technologies and Environmental Policy / Issue 5/2023
Print ISSN: 1618-954X
Electronic ISSN: 1618-9558
DOI: https://doi.org/10.1007/s10098-023-02470-x

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