Abstract
Using 29 Chinese provincial and municipal data from 2008 to 2017,We construct a stochastic frontier production model of trade to study the effects of environmental information disclosure (EID) policies on China’s export growth. Our analysis shows that:At aggregate level, the EID policies inhibit China’s export growth, while there are significant stage differences. From 2008 to 2013, the EID policies significantly inhibit China’s export growth. From 2013 to 2017, the effect of EID policies on export growth change from inhibiting export growth to promoting export growth. Research on the impact mechanism shows,the EID policies inhibit export growth through cost increase effect and social effect, and promote export growth through innovation compensation effect. The main reasons why the impact of EID policies on exports has changed from inhibition to promotion are that the cost increase effect and social effect are gradually weakening over time while the innovation compensation effect is gradually increasing over time.
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