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Study on the Impact of Free Trade Zone Establishment on Enterprises’ Green Total Factor Productivity

In: Proceedings of the 2026 11th International Conference on Financial Innovation and Economic Development (ICFIED 2026)

Author

Listed:
  • Yixuan Wang

    (Xi’an Jiaotong University)

Abstract

This study systematically investigates the impact of Free Trade Zone (FTZ) establishment on corporate green total factor productivity (GTFP). The analysis utilizes a sample of China’s A-share listed companies from 2000 to 2024. The analysis utilizes a sample of China’s A-share listed companies from 2000 to 2024. We treat the phased establishment of Free Trade Zone as a quasi-natural experiment and employ a multi-period difference-in-differences model for empirical analysis. The findings reveal that the establishment of Free Trade Zone significantly enhances firms’ green total factor productivity. This study’s conclusions offer empirical insights for deepening green institutional innovation, implementing differentiated environmental governance, and promoting coordinated regional green development within Free Trade Zone. It also provides evidence-based support for integrating high-level opening-up with the achievement of China’s dual carbon goals.

Suggested Citation

  • Yixuan Wang, 2026. "Study on the Impact of Free Trade Zone Establishment on Enterprises’ Green Total Factor Productivity," Advances in Economics, Business and Management Research, in: Xiongfeng Pan & Huaping Sun & Abdul Rauf & Md Rabiul Islam & Liew Chee Yoong (ed.), Proceedings of the 2026 11th International Conference on Financial Innovation and Economic Development (ICFIED 2026), pages 624-630, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6239-642-5_61
    DOI: 10.2991/978-94-6239-642-5_61
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