经济学院2020年发展经济学研讨会(二)-经济学院

学校动态

学院动态

学术动态

经济学院2020年发展经济学研讨会(二)

文章来源: 发表时间:2020-03-31 11:16:21点击次数:

题目:How effective are Ecological Fiscal Transfers in China? Evidence from Payments for National Key Ecological Function Zones

汇报人:龚长安博士研究生

单位:华中科技大学经济学院

时间:2020年4月3日(周五)下午15:00

参与方式:

时间:2020年4月3日03:00下午北京,上海

加入Zoom会议

https://cernet.zoom.com.cn/j/6549256852

会议ID:654 925 6852

通过Skype for Business加入

https://cernet。zoom。com。cn/skype/6549256852

Abstract: Many environmental regulations have been formulated by the Chinese government, but they have often been ineffective. One kind of Ecological Fiscal Transfers (EFT) instruments was introduced in China, namely Payments for National Key Ecological Function Zones (NKEFZs) policy. We provide principal-agent models for the incentive mechanism of NKEFZs policy and test the derived hypothesis empirically. Employing propensity score matching (PSM) and the difference in difference (DD) estimation to investigate the effectiveness of NKEFZs policy. We found evidence that the policy reduced pollution-intensive activity in the NKEFZs. Meanwhile, the implementation of the policy was selective. Firstly, the downstream NKEFZs with lower environmental quality among them, unfortunately, may form a vicious cycle for environmental protection. Because performance-based payments mechanism neglects cost opportunity, the financial stress lead to the Matthew effect. Secondly, local leaders ignore nontarget pollutants, as asymmetry information led to the moral hazards in environmental regulation.

微信公众号