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ORIGINAL RESEARCH article
Front. Environ. Sci.
Sec. Environmental Economics and Management
Volume 12 - 2024 |
doi: 10.3389/fenvs.2024.1442072
This article is part of the Research Topic Low-carbon transition of energy infrastructures View all 9 articles
Environmental regulation, industrial transformation, and green economy development
Provisionally accepted- 1 Yunnan Normal University, Kunming, Yunnan Province, China
- 2 Shinawatra University, Pathum Thani, Thailand
- 3 INTI International University, Nilai, Malaysia
Green development, which is crucial because of the escalating ecological and environmental issues, is largely driven by industrial transformation and environmental legislation. The paper examines the combined effects of environmental regulations and industrial change on the green economy, based on their separate effects. We reach the following conclusions from a fixed-effects regression on panel data covering 30 provinces in China in 2010–2020: environmental regulations and rationalization of the industrial structure both support growth in the green economy, but advancement in the industrial structure hinders it. The combined effect of environmental regulations and advancement and rationalization in the industrial structure has a significantly positive impact on growth in the green economy; it is most pronounced in regions with higher resource endowments and economic development. By providing specific empirical facts, this study clarifies the effects of industrial transformation and environmental regulations on growth in the green economy, contributing to enriching the literature and helping to pave the way to sustainable development.
Keywords: Advanced industrial structure, environmental regulation, Green economic development, rationalization of the industrial structure, economic growth
Received: 01 Jun 2024; Accepted: 02 Sep 2024.
Copyright: © 2024 Shao, Peng, Zhou and Wider. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
* Correspondence:
Huimin Shao, Yunnan Normal University, Kunming, 650092, Yunnan Province, China
Qiong Peng, Yunnan Normal University, Kunming, 650092, Yunnan Province, China
Fei Zhou, Shinawatra University, Pathum Thani, 12160, Thailand
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