Are the Green TBTs a Stimulus or a Trap for Enterprises’Green Technology Development?  

作　　者：Ting Lu Qiyuan Xu 

机构地区：[1]Chinese Academy of Social Sciences(CASS)

出　　处：《China Finance and Economic Review》2024年第2期26-45,共20页中国财政与经济研究（英文）

基　　金：Key Research Base of Humanities and Social Sciences,Ministry of Education,“Research on the Impact of Global Industrial Chain Reconstruction on Global Economic Governance System and China’s Response”(22JJD790009);“Research on the Impact of Global Industrial Chain Restructuring and China’s Response”(22VRC086).

摘　　要：Green trade barriers are often seen as a catalyst that promotes exporting countries to develop green technologies.However,by distinguishing the green technology behavior of enterprises into green technology transformation and green technology innovation,this paper finds that although green trade barriers can encourage enterprises in exporting countries to increase investment in green technology transformation in order to obtain rapid market access,they crowd out the resources of green technology innovation of enterprises.In other words,green trade barriers will strengthen enterprises’dependence on the introduction of green technologies,weaken their innovation capabilities,and increase the risk of being locked in the middle of the global industrial chain,creating a trap effect.Using the data of enterprises in the heavily polluting industry of A-shares from 2009 to 2021,this paper confirms the existence of the trap effect.In addition,this paper finds that due to the infl uence of short-sightedness of managers,alleviating corporate financing constraints can enhance the promotion effect of green trade barriers on the green technological transformation of enterprises,but cannot reduce its inhibiting effect on green technology innovation.The study also finds that even if the time window is extended to the medium and long term,green trade barriers cannot have a significant positive impact on enterprises’green technology innovation.Therefore,the government should not overestimate the role of green trade barriers in encouraging green development and green technology innovation,nor should it rely too much on loose financing policies.In contrast,government should formulate targeted industrial policies to help enterprises overcome green trade barriers through technological innovation.

关 键 词：green TBTs trap effect green technology innovation reconstruction of GVCs 

分 类 号：F752[经济管理—国际贸易]