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Environmental Regulation, Resource Misallocation, and Ecological Efficiency

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  • Shuhong Wang
  • Xiaoli Sun
  • Malin Song

Abstract

This study presents an ecological efficiency analysis by combining the potential of every area in China in terms of emissions reduction and energy savings with resource allocation. Changes in ecological efficiency are calculated. Environmental regulation and resource misallocation factors are introduced to identify key factors influencing ecological efficiency. The results indicate a U-shaped relationship between provincial relative environmental regulation strength and resource misallocation degree, where regulation could relieve resource misallocation somewhat and improve ecological efficiency. However, after the curve’s turning, ecological efficiency deteriorates. The study expands the research boundary of economics and ecology and provides a reference for policy-makers.

Suggested Citation

  • Shuhong Wang & Xiaoli Sun & Malin Song, 2021. "Environmental Regulation, Resource Misallocation, and Ecological Efficiency," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 57(3), pages 410-429, February.
    • Handle: RePEc:mes:emfitr:v:57:y:2021:i:3:p:410-429
    DOI: 10.1080/1540496X.2018.1529560
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    Cited by:

    1. Xiaodong Zhang & Kaifeng Duan & Lun Yang & Xiaokun Wei, 2024. "Land Regulation and Local Service Provision: Can Economic Growth and Environmental Protection Be Achieved Simultaneously?," Land, MDPI, vol. 13(9), pages 1-23, September.
    2. Ling-Yun He & Xiao-Feng Qi, 2021. "Resource Misallocation and Energy-Related Pollution," IJERPH, MDPI, vol. 18(10), pages 1-19, May.
    3. Zhao, Xin & Shang, Yuping & Magazzino, Cosimo & Madaleno, Mara & Mallek, Sabrine, 2023. "Multi-step impacts of environmental regulations on green economic growth: Evidence in the lens of natural resource dependence," Resources Policy, Elsevier, vol. 85(PB).
    4. Can Zhang & Jixia Li, 2024. "The Impact of Official Promotion Incentives on Urban Ecological Welfare Performance and Its Spatial Effect," Sustainability, MDPI, vol. 16(7), pages 1-29, April.
    5. Lu Liu & Yuxin Meng & Qiying Ran, 2023. "The Impact and Mechanism of the Digital Economy on Carbon Emission Efficiency: A Perspective Based on Provincial Panel Data in China," Sustainability, MDPI, vol. 15(19), pages 1-15, September.
    6. Yonglin Li & Zhili Zuo & Deyi Xu & Yi Wei, 2021. "Mining Eco-Efficiency Measurement and Driving Factors Identification Based on Meta-US-SBM in Guangxi Province, China," IJERPH, MDPI, vol. 18(10), pages 1-22, May.
    7. YuBiao Hao & XueCheng Zhang, 2023. "The impact of environmental regulation on urban green output efficiency: evidence from China," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(6), pages 5717-5735, June.
    8. Volkov, Artiom & Morkunas, Mangirdas & Balezentis, Tomas & Streimikiene, Dalia, 2022. "Are agricultural sustainability and resilience complementary notions? Evidence from the North European agriculture," Land Use Policy, Elsevier, vol. 112(C).
    9. Bing Kuang & Jinjin Liu & Xiangyu Fan, 2022. "Has China’s Low-Carbon City Construction Enhanced the Green Utilization Efficiency of Urban Land?," IJERPH, MDPI, vol. 19(16), pages 1-20, August.
    10. Xie, Rui & Fu, Wei & Yao, Siling & Zhang, Qi, 2021. "Effects of financial agglomeration on green total factor productivity in Chinese cities: Insights from an empirical spatial Durbin model," Energy Economics, Elsevier, vol. 101(C).
    11. Hongliang Lu & Min Zhang & Wei Nian, 2023. "The Spatial Spillover Effects of Environmental Regulations on Forestry Ecological Security Efficiency in China," Sustainability, MDPI, vol. 15(3), pages 1-27, January.
    12. Lee, Chien-Chiang & Wang, Chih-Wei & Ho, Shan-Ju, 2022. "The dimension of green economy: Culture viewpoint," Economic Analysis and Policy, Elsevier, vol. 74(C), pages 122-138.
    13. Wang, Ting & Tang, Jian & Wang, Xiao & He, Qiankun, 2024. "Assessing capital allocation efficiency under environmental regulation," Finance Research Letters, Elsevier, vol. 62(PA).
    14. Wang, Feng & Wu, Min & Wang, Jingcao, 2023. "Can increasing economic complexity improve China's green development efficiency?," Energy Economics, Elsevier, vol. 117(C).
    15. Xiaoping Tang & Qiong Wang & Shamsa Noor & Rabia Nazir & Muhammad Junaid Nasrullah & Phool Hussain & Shahbaz Ali Larik, 2024. "Exploring the Impact of Green Finance and Green Innovation on Resource Efficiency: The Mediating Role of Market Regulations and Environmental Regulations," Sustainability, MDPI, vol. 16(18), pages 1-26, September.
    16. Malin Song & Weiliang Tao, 2022. "Coupling and coordination analysis of China's regional urban‐rural integration and land‐use efficiency," Growth and Change, Wiley Blackwell, vol. 53(3), pages 1384-1413, September.
    17. Ying Sun & Kexin Zhang & Xuyang Li, 2024. "The Impact of Environmental Protection Investment and Equity Balance Degree on Economic Performance and Eco-Autonomy: An Empirical Study of China’s A-Share Listed Companies," Sustainability, MDPI, vol. 16(17), pages 1-19, September.

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