The Impact of Fiscal and Environmental Protection Budget on Ecological Protection and its Mechanism: -- Based on Provincial Panel Data from 2014 to 2021

Jiateng Wang

doi:10.62051/b6rane02

Authors

Jiateng Wang

DOI:

https://doi.org/10.62051/b6rane02

Keywords:

Fiscal and Environmental Protection Budget; Ecological Protection; Comprehensive Environmental Conditions; Regulatory Effect; Heterogeneity Analysis.

Abstract

This paper uses data from 30 provincial levels in China from 2014 to 2021 to empirically test the impact and mechanism of fiscal and environmental protection budgets on ecological protection. The results show that: (1) government budget expenditure has an enabling effect on ecological protection; (2) The comprehensive environmental situation plays a positive role in the fiscal and environmental protection budget to empower ecological protection; (3) The fiscal and environmental protection budgets of provinces in the eastern and central regions have a significant enabling effect on ecological protection, while the enabling role in the western region is weakened.

Downloads

Download data is not yet available.

References

Mo Longjiong, Zhang Xiaolu. Rule of Law of Government Budget, Fiscal Transparency and Local Fiscal Efficiency--Based on the Evidence of the Implementation of the New Budget Law[J]. Contemporary Finance and Economics, 2023 (05): 39-51.

BARMAN T R, GUPTA M R. Public expenditure, environment, and economic growth[J]. Journal of Public Economic Theory,2010,12 (6):1109-1134.

Wang Yafei. Analysis of the impact of public financial environmental protection investment on environmental pollution[J]. Journal of Fiscal Research,2011(2):38-42.

Qiao Baoyun, Liu Lezheng, Yin Xundong, et al., "Comparative Analysis of Local Government Incentive System", Economic Research Journal, No. 10, 2014.

BOSTAN I,ONOFREI M,DASC LU E-D, et al. Impact of sustainable environmental expenditures policy on air pollution reduction, during European integration framework[J]. Amfiteatru Economic Journal,2016,18 (42): 286-302.

Zhu Xiaohui, Lu Yuanquan. Open Economy, Environmental Protection Fiscal Expenditure and Pollution Control: Empirical Evidence from China's Provincial and Industry Panel Data[J]. Chinese Population, Resources and Environment, 2017, 27(10):10-18.

Jiang Nan, Does Environmental Fiscal Spending Help Achieve a Win-Win Situation for the Economy and the Environment? Journal of Zhongnan University of Economics and Law,2018(1):95-103.

Deng Rongrong, Zhang Aoxiang. Research on the impact and mechanism of China's urban digital economy development on environmental pollution[J]. Southern Economy,2022,No.389(02):18-37.

Zhang Xiangda, Yang Ming, Liang Chao. Financial environmental protection expenditure and environmental emergency governance: cointegration analysis based on provincial panel data from 2007~2019[J]. Industrial Organization Review, 2021,15(03):209-223.)

Jiang Tuanbiao, Luo Lin. Financial support for agriculture and food security--An empirical analysis based on regional differences[J]. World Agriculture,2022(02):66-79.

Hu Lina, Xue Yang. Fiscal environmental protection expenditure, fiscal pressure and green development[J]. Soft Science, 2023,37(09):39-46.