时间：11月15日下午3：00—4:30

地点：澳门永利6774文2栋五楼会议室

主讲人：刘冲

题目：Does Environmental Regulation Spur Environment-Friendly Technology Change? Evidence from a Quasi-natural Experiment in China

内容摘要： This paper investigates whether environmental regulation spurs environmental-friendly technology change. To identify the causal effect, we use a difference-in-differences strategy by exploiting a quasi-natural experiment in China, that is, the Two Control Zones (TCZ) policy implemented by the Chinese government in 1998, in which tougher environmental regulations were imposed in TCZ counties than in non-TCZ counties. We find that stringent environmental regulation increases regional green innovation by 18.6%, but does not crowd out other innovation activities. Our instrumental variable estimation confirms that this impact is causal. We further find that this impact is mainly driven by private firms and work through two potential mechanisms -- enterprises’ energy-saving and environment-protecting responses to the regulation. 

主讲人简介：

刘冲，北京大学经济学院助理教授，世界银行短期顾问。北京大学光华管理学院应用经济学博士（2013），清华大学经济管理学院博士后（2015），研究领域为公共经济学、发展经济学和政治经济学。近年来在Economic Journal、International Journal of Industrial Organization、《经济研究》、《经济学（季刊）》、《世界经济》、《金融研究》等国内外著名期刊发表论文20多篇。先后主持国家自然科学基金、农业部农村经济研究中心研究基金等多项科研课题。