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Peer effect on low-carbon practices of firms along the value chain: Evidence from China

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  • Jiang, Xuemei
  • Zhang, Xinyang
  • Xia, Yan

Abstract

A significant number of papers have found that the behavior and actions of firms are directly related to their peers and surrounding conditions. However, the spillover effects in low-carbon practices, especially the mimicry of firms on low-carbon practices from their peers in upstream and downstream industries along the value chain are barely discussed in the literature. In this paper, we extend the research on peer effect to the convergence of peers in the upstream and downstream industries, explore the spillover effects and mechanism of low-carbon practices among firms along the entire value chain, and further explore whether the degree of environmental regulation influences the peer effect.

Suggested Citation

  • Jiang, Xuemei & Zhang, Xinyang & Xia, Yan, 2023. "Peer effect on low-carbon practices of firms along the value chain: Evidence from China," Energy Economics, Elsevier, vol. 127(PA).
    • Handle: RePEc:eee:eneeco:v:127:y:2023:i:pa:s014098832300600x
    DOI: 10.1016/j.eneco.2023.107102
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    References listed on IDEAS

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