IDEAS home Printed from https://ideas.repec.org/a/pal/palcom/v9y2022i1d10.1057_s41599-022-01292-4.html
   My bibliography  Save this article

How does the Belt and Road policy affect the level of green development? A quasi-natural experimental study considering the CO2 emission intensity of construction enterprises

Author

Listed:
  • Xingwei Li

    (Sichuan Agricultural University)

  • Yicheng Huang

    (Sichuan Agricultural University)

  • Xiangxue Li

    (Sichuan Agricultural University)

  • Xiang Liu

    (Sichuan Agricultural University)

  • Jingru Li

    (Sichuan Agricultural University)

  • Jinrong He

    (Sichuan Agricultural University)

  • Jiachi Dai

    (Sichuan Agricultural University)

Abstract

The ‘Belt and Road’ (B&R) Initiative has received attention from environmental researchers. However, there are no studies explaining the impact of the B&R policy on the green development (GD) of construction enterprises. We aim to find a mechanism for how the B&R policy impacts the GD level of construction enterprises. Consequently, on the basis of a fixed effects model, we consider the B&R policy and the background of GD in the construction industry and construct a model of the GD level of construction enterprises. Meanwhile, we use panel data for 28 provincial administrative regions of the Chinese government from 2010 to 2020 and analyse the implications of the B&R policy on the GD level of construction enterprises using Stata 16.0. The main conclusions are as follows. (1) A positive promotion effect is evident in the planned focus areas of the B&R policy on construction enterprises’ GD levels. (2) Research and development (R&D), regional development, education, labour productivity and investment in sewage treatment significantly affect the intensity of CO2 emissions of regional construction enterprises, thus increasing and hindering the GD of construction enterprises. Taking the findings of this study into account, this study contributes to the econometrics of construction enterprises in the area of sustainable development. Additionally, it provides policy ideas for the government to further build a green B&R.

Suggested Citation

  • Xingwei Li & Yicheng Huang & Xiangxue Li & Xiang Liu & Jingru Li & Jinrong He & Jiachi Dai, 2022. "How does the Belt and Road policy affect the level of green development? A quasi-natural experimental study considering the CO2 emission intensity of construction enterprises," Palgrave Communications, Palgrave Macmillan, vol. 9(1), pages 1-11, December.
    • Handle: RePEc:pal:palcom:v:9:y:2022:i:1:d:10.1057_s41599-022-01292-4
    DOI: 10.1057/s41599-022-01292-4
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1057/s41599-022-01292-4
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1057/s41599-022-01292-4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Liu, Zuankuo & Xin, Li, 2019. "Has China's Belt and Road Initiative promoted its green total factor productivity？——Evidence from primary provinces along the route," Energy Policy, Elsevier, vol. 129(C), pages 360-369.
    2. Markus Grillitsch & Teis Hansen, 2019. "Green industry development in different types of regions," European Planning Studies, Taylor & Francis Journals, vol. 27(11), pages 2163-2183, November.
    3. Xu, Bin & Lin, Boqiang, 2021. "Investigating spatial variability of CO2 emissions in heavy industry: Evidence from a geographically weighted regression model," Energy Policy, Elsevier, vol. 149(C).
    4. Hongyu Long & Hongyong Liu & Xingwei Li & Longjun Chen, 2020. "An Evolutionary Game Theory Study for Construction and Demolition Waste Recycling Considering Green Development Performance under the Chinese Government’s Reward–Penalty Mechanism," IJERPH, MDPI, vol. 17(17), pages 1-21, August.
    5. Ping Guo & Jin Li & Jinsong Kuang & Yifei Zhu & Renrui Xiao & Donghao Duan & Baocong Huang, 2022. "Low-Carbon Governance, Fiscal Decentralization and Sulfur Dioxide Emissions: Evidence from a Quasi-Experiment with Chinese Heavy Pollution Enterprises," Sustainability, MDPI, vol. 14(6), pages 1-24, March.
    6. Huachao Yang & Ting Gan & Wei Liang & Xianchun Liao, 2022. "Can policies aimed at reducing carbon dioxide emissions help mitigate haze pollution? An empirical analysis of the emissions trading system," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 24(2), pages 1959-1980, February.
    7. Edward Vytlacil & James J. Heckman, 2001. "Policy-Relevant Treatment Effects," American Economic Review, American Economic Association, vol. 91(2), pages 107-111, May.
    8. Du, Julan & Zhang, Yifei, 2018. "Does One Belt One Road initiative promote Chinese overseas direct investment?," China Economic Review, Elsevier, vol. 47(C), pages 189-205.
    9. Long, Ruyin & Li, Haifeng & Wu, Meifen & Li, Wenbo, 2021. "Dynamic evaluation of the green development level of China's coal-resource-based cities using the TOPSIS method," Resources Policy, Elsevier, vol. 74(C).
    10. Xingwei Li & Ruonan Huang & Jiachi Dai & Jingru Li & Qiong Shen, 2021. "Research on the Evolutionary Game of Construction and Demolition Waste (CDW) Recycling Units’ Green Behavior, Considering Remanufacturing Capability," IJERPH, MDPI, vol. 18(17), pages 1-32, September.
    11. Tian-Tian Zhu & Hua-Rong Peng & Yue-Jun Zhang & Jing-Yue Liu, 2021. "Does higher education development facilitate carbon emissions reduction in China," Applied Economics, Taylor & Francis Journals, vol. 53(47), pages 5490-5502, October.
    12. Zhu, Bangzhu & Zhang, Mengfan & Huang, Liqing & Wang, Ping & Su, Bin & Wei, Yi-Ming, 2020. "Exploring the effect of carbon trading mechanism on China's green development efficiency: A novel integrated approach," Energy Economics, Elsevier, vol. 85(C).
    13. Qing Yang & Xingzi Wan & Huimin Ma, 2015. "Assessing Green Development Efficiency of Municipalities and Provinces in China Integrating Models of Super-Efficiency DEA and Malmquist Index," Sustainability, MDPI, vol. 7(4), pages 1-19, April.
    14. Adedayo Johnson Ogungbile & Geoffrey Qiping Shen & Ibrahim Yahaya Wuni & Jin Xue & Jingke Hong, 2021. "A Hybrid Framework for Direct CO 2 Emissions Quantification in China’s Construction Sector," IJERPH, MDPI, vol. 18(22), pages 1-22, November.
    15. Zheng, Yingmei & Qi, Jianhong & Chen, Xiaoliang, 2011. "The effect of increasing exports on industrial energy intensity in China," Energy Policy, Elsevier, vol. 39(5), pages 2688-2698, May.
    16. Alberto Abadie, 2005. "Semiparametric Difference-in-Differences Estimators," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 72(1), pages 1-19.
    17. Mahalik, Mantu Kumar & Mallick, Hrushikesh & Padhan, Hemachandra, 2021. "Do educational levels influence the environmental quality? The role of renewable and non-renewable energy demand in selected BRICS countries with a new policy perspective," Renewable Energy, Elsevier, vol. 164(C), pages 419-432.
    18. Nicole Darnall & Irene Henriques & Perry Sadorsky, 2010. "Adopting Proactive Environmental Strategy: The Influence of Stakeholders and Firm Size," Journal of Management Studies, Wiley Blackwell, vol. 47(6), pages 1072-1094, September.
    19. Hong, Jingke & Shen, Qiping & Xue, Fan, 2016. "A multi-regional structural path analysis of the energy supply chain in China's construction industry," Energy Policy, Elsevier, vol. 92(C), pages 56-68.
    20. Jim Skea & Shuzo Nishioka, 2008. "Policies and practices for a low-carbon society," Climate Policy, Taylor & Francis Journals, vol. 8(sup1), pages 5-16, December.
    21. Huang, Junbing & Du, Dan & Hao, Yu, 2017. "The driving forces of the change in China's energy intensity: An empirical research using DEA-Malmquist and spatial panel estimations," Economic Modelling, Elsevier, vol. 65(C), pages 41-50.
    22. Jiahua Pan & Jonathan Phillips & Ying Chen, 2008. "China's balance of emissions embodied in trade: approaches to measurement and allocating international responsibility," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 24(2), pages 354-376, Summer.
    23. Foo, Nam & Lean, Hooi Hooi & Salim, Ruhul, 2020. "The impact of China’s one belt one road initiative on international trade in the ASEAN region," The North American Journal of Economics and Finance, Elsevier, vol. 54(C).
    24. Mei Ling Wang & Wei Wang & Shen Yue Du & Cun Fang Li & Zhengxia He, 2020. "Causal relationships between carbon dioxide emissions and economic factors: Evidence from China," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(1), pages 73-82, January.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Xingwei Li & Yicheng Huang & Xiangxue Li & Xiang Liu, 2023. "Mechanism of smart city policy on the carbon emissions of construction enterprises in the Yangtze River Economic Belt: a perspective of the PESTEL model and the pollution halo hypothesis," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-12, December.
    2. Li, Xingwei & Huang, Yicheng, 2024. "Exploring the mechanisms affecting energy consumption in the construction industry using an integrated theoretical framework: Evidence from the Yangtze River economic Belt," Energy, Elsevier, vol. 299(C).
    3. Li, Xingwei & Yang, Jie & Yao, Yuhong & Ding, Zuoyi & Hao, Jiekuo & Yin, Wenjun & Shen, Qiong, 2024. "Boosting green technology innovation in China's construction industry: The power of energy-consuming rights trading policy," Economic Analysis and Policy, Elsevier, vol. 84(C), pages 410-423.
    4. Weijian Du & Mengjie Li & Zhaohua Wang, 2024. "The inferiors imitate the superiors: the government’s low-carbon concerns and the renewable energy technology of firms," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-10, December.
    5. Aihua Shen & Rui Wang, 2023. "Digital Transformation and Green Development Research: Microscopic Evidence from China’s Listed Construction Companies," Sustainability, MDPI, vol. 15(16), pages 1-31, August.
    6. Yanjun Chang & Liuliu Lai, 2023. "Effects and Mechanisms of China’s Pilot Free Trade Zones on Green and High-Quality Development from the Dual-Circulation Perspective," Sustainability, MDPI, vol. 15(2), pages 1-17, January.
    7. Ming Zhang & Wancheng Xie & Wen Gao, 2022. "Have environmental regulations promoted green technological innovation in cities? Evidence from China’s green patents," PLOS ONE, Public Library of Science, vol. 17(12), pages 1-24, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Xingwei Li & Yicheng Huang & Xiangxue Li & Xiang Liu, 2023. "Mechanism of smart city policy on the carbon emissions of construction enterprises in the Yangtze River Economic Belt: a perspective of the PESTEL model and the pollution halo hypothesis," Palgrave Communications, Palgrave Macmillan, vol. 10(1), pages 1-12, December.
    2. Maoguo Wu & Xierui Han, 2022. "Influence of Economic Openness on Total Factor Productivity: Evidence from China’s Belt and Road Initiative," Sustainability, MDPI, vol. 14(20), pages 1-24, October.
    3. Rui Zhang & Yong Ma & Jie Ren, 2022. "Green Development Performance Evaluation Based on Dual Perspectives of Level and Efficiency: A Case Study of the Yangtze River Economic Belt, China," IJERPH, MDPI, vol. 19(15), pages 1-24, July.
    4. Yu, Xiang, 2023. "An assessment of the green development efficiency of industrial parks in China: Based on non-desired output and non-radial DEA model," Structural Change and Economic Dynamics, Elsevier, vol. 66(C), pages 81-88.
    5. Joanna Wolszczak-Derlacz & Yuxin Lu, 2022. "The role of the One-Belt One-Road initiative in China’s exports and global value chains," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 17(2), pages 317-341, June.
    6. Zhou, Di & Yin, Xiaoshuo & Xie, Dongchun, 2023. "Local governments’ environmental targets and green total factor productivity in Chinese cities," Economic Modelling, Elsevier, vol. 120(C).
    7. Patrick Bennett & Richard Blundell & Kjell G. Salvanes, 2020. "A second chance? Labor market returns to adult education using school reforms," IFS Working Papers W20/28, Institute for Fiscal Studies.
    8. Huang, Junbing & Lai, Yali & Wang, Yajun & Hao, Yu, 2020. "Energy-saving research and development activities and energy intensity in China: A regional comparison perspective," Energy, Elsevier, vol. 213(C).
    9. Rim El Khoury & Nohade Nasrallah & Hazem Marashdeh & Osama F. Atayah & Kaliyan Mathiyazhagan, 2024. "The nexus of Green finance and renewable energy on CO2 emissions," Business Strategy and the Environment, Wiley Blackwell, vol. 33(8), pages 8911-8928, December.
    10. Yingyu Lu & Bo Cao & Yidi Hua & Lei Ding, 2020. "Efficiency Measurement of Green Regional Development and Its Influencing Factors: An Improved Data Envelopment Analysis Framework," Sustainability, MDPI, vol. 12(11), pages 1-23, May.
    11. Huang, Junbing & Du, Dan & Tao, Qizhi, 2017. "An analysis of technological factors and energy intensity in China," Energy Policy, Elsevier, vol. 109(C), pages 1-9.
    12. Ma, Shengnan, 2022. "Growth effects of economic integration: New evidence from the Belt and Road Initiative," Economic Analysis and Policy, Elsevier, vol. 73(C), pages 753-767.
    13. Nugent, Jeffrey B. & Lu, Jiaxuan, 2021. "China's outward foreign direct investment in the Belt and Road Initiative: What are the motives for Chinese firms to invest?," China Economic Review, Elsevier, vol. 68(C).
    14. Huang, Junbing & Chen, Xiang, 2020. "Domestic R&D activities, technology absorption ability, and energy intensity in China," Energy Policy, Elsevier, vol. 138(C).
    15. Muhammad Wasif Zafar & Asif Saeed & Syed Anees Haider Zaidi & Abdul Waheed, 2021. "The linkages among natural resources, renewable energy consumption, and environmental quality: A path toward sustainable development," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(2), pages 353-362, March.
    16. Hu, Changshuai & Du, Dan & Huang, Junbing, 2023. "The driving effect of energy demand evolution: From the perspective of heterogeneity in technology," Energy, Elsevier, vol. 275(C).
    17. Huang, Junbing & Xiang, Shiqi & Wu, Panling & Chen, Xiang, 2022. "How to control China's energy consumption through technological progress: A spatial heterogeneous investigation," Energy, Elsevier, vol. 238(PC).
    18. Chen, Yingtong & Zhang, Dayong & Ji, Qiang, 2022. "Impacts of regional cooperation agreements on international tourism: Evidence from a quasi-natural experiment," International Review of Economics & Finance, Elsevier, vol. 82(C), pages 663-676.
    19. Li, Changsheng & Qi, Yaping & Liu, Shaohui & Wang, Xu, 2022. "Do carbon ETS pilots improve cities' green total factor productivity? Evidence from a quasi-natural experiment in China," Energy Economics, Elsevier, vol. 108(C).
    20. Yuanxin Peng & Zhuo Chen & Jay Lee, 2020. "Dynamic Convergence of Green Total Factor Productivity in Chinese Cities," Sustainability, MDPI, vol. 12(12), pages 1-18, June.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palcom:v:9:y:2022:i:1:d:10.1057_s41599-022-01292-4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: https://www.nature.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.