环境信息披露制度与中国企业出口国内附加值率

Environmental Information Disclosure System and the Domestic Value Added Rate of Chinese Enterprises'Exports

基于2008年中国部分城市开始实施环境信息披露的政策事实,本文创新性通过理论模型考察了环境信息披露制度对企业出口国内附加值率的影响。研究表明,环境信息披露有助于提升中国企业出口国内附加值率,适度的环境管制会强化环境信息披露对出口国内附加值率的提升作用,而过强与过弱的环境管制则均会导致环境信息披露的负面效应。机制检验证明,环境信息披露通过“成本加成效应”和“中间品替代效应”两条渠道对中国企业出口国内附加值率产生积极影响,并且“中间品替代效应”主要通过缓解区域间市场分割和要素市场扭曲引起国内中间要素价格和区域间交易成本市场化,促使企业减少进口中间品使用比例。此外,本文异质性分析表明,相比污染程度较低、混合贸易和加工贸易类型企业以及生产率较高企业,环境信息披露能够更加明显促进污染程度较高、国有和外资类型企业以及一般贸易企业的出口国内附加值率。鉴于此,本文认为逐步完善各地区环境信息披露制度,积极推进环境治理政策对外公开、受公众监督的管理制度改革进程,进而改变各地区环境治理政策“逐底竞争”的局面,有助于提升企业出口国内附加值率。

Based on the fact that some cities in China began to implement environmental information disclosure policies in 2008,this article examines the impact of environmental information disclosure systems on domestic export value-added rates of enterprises.The study found that environmental information disclosure helps to increase the domestic value-added rate of Chinese enterprises'exports.The study also found that moderate environmental regulation will strengthen the promotion of the domestic value-added rate of export of environmental information disclosure,while excessively strong and weak environmental regulation will lead to negative effects of environmental information disclosure.The mechanism analysis shows that environmental information disclosure has a positive impact on the domestic value-added value of Chinese enterprises'exports through two channels:the“cost-plus effect”and the“intermediate product substitution effect”.The analysis results of this paper indicate that mandatory environmental information disclosure is a feasible path to increase the domestic value-added rate of Chinese enterprises.Considering the adverse impact of environmental information disclosure on the cost-plus of high-productivity enterprises in the cleaning industry,the government has increased R&D investment.Encouraging the independent innovation of enterprises and cultivating and developing effective and clean intermediate product markets and financial markets corresponding to the production needs of enterprises are effective ways to solve the“cost effect”of pollution control policies and achieve high-quality development goals.In addition,the analysis of heterogeneity in this paper shows that compared with companies with low pollution levels,mixed trade and processing trade types,and high productivity companies,environmental information disclosure can significantly promote high pollution levels,state-owned and foreign-funded companies,and general trading companies.The domestic value-added rate of exports.In view of this,the article believes that the gradual improvement of environmental information disclosure systems in various regions,and actively promote the reform process of environmental governance policies that are open to the public and the management system under public supervision,and thereby change the situation of“competition to the bottom”of environmental governance policies in various regions,which will help improve The domestic value-added rate of enterprise exports.The analysis results of this article show that the environmental information disclosure system has an important impact on the increase in the domestic value-added rate of Chinese enterprises'exports.For future Chinese governments at all levels:the environmental information disclosure system in the region should be gradually improved and the environment should be actively promoted.The reform process of the management system that is open to the public and supervised by the public will change the situation of“competition at the bottom”of environmental governance policies in various regions and improve the distortion of the factor market,realize the transformation of corporate exports to the green direction and increase the domestic profits of export trade.considering that the positive effect of the environmental information disclosure system in increasing the domestic value-added rate of enterprises only appears in cities with higher economic levels,complete urban infrastructure and more developed financial markets,governments at all levels are formulating pollution In the process of governance policies and promoting economic growth,efforts should be made to improve the urban financial market and infrastructure construction,so that policy signals can be effectively transmitted to the factor market through various channels.