The Impact of Environmental Regulation Implementation: A Meta-Analysis

Abstract

Effective environmental regulations are crucial for biodiversity preservation and fostering innovation to mitigate environmental damage. The aim of this research is to set the groundwork for further research into the substantial role of environmental regulatory policies in promoting pro-environmental innovation. This research employs a meta-analysis approach, focusing on correlational studies published between 2001 and 2021 in English. Inclusion criteria for data selection consisted of articles addressing environmental regulations and their implementation. Correlation analyses were conducted using JASP software. The findings indicate a significant relationship between environmental regulations and their implementation, with a correlation coefficient of 0.28. With a 95% confidence interval, the estimated true score range lies between 0.14 and 0.41. Bias testing was performed using the trim and fill method, and no evidence of publication bias was found, supporting the validity of the meta-analysis results. Thus, it can be concluded that environmental regulations play a significant role in encouraging pro-environmental innovation and urging governments in each country to provide certainty about their pro-environmental policies.