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Environmentally-Inclined Politicians and Local Environmental Performance
其他書名
Evidence from Publicly Listed Firms in China
出版National Bureau of Economic Research, 2023
URLhttp://books.google.com.hk/books?id=J6GG0AEACAAJ&hl=&source=gbs_api
註釋We study how environmentally-inclined politicians (EIPs), i.e., politicians with prior environment-related working experience, affect local environmental performance in China. Firms located in cities with EIPs have lower levels of sulfur dioxide (SO2) emissions. The effect is attenuated when the politician is in his/her second term and among firms that are economically important. Firms in cities with EIPs commit less environmental violations, receive more green subsidies from the local government, and choose to establish new polluting subsidiaries in cities without EIPs. Furthermore, these EIPs do not have inferior economic performance and their promotion likelihood is negatively related to local emission levels. The findings overall suggest that local officials strategically leverage their expertise in environment protection to allocate more effort on environmental causes.