ORIGINAL RESEARCH article
Front. Mar. Sci.
Sec. Marine Affairs and Policy
Volume 12 - 2025 | doi: 10.3389/fmars.2025.1514149
This article is part of the Research Topic Challenges and Solutions in Forecasting and Decision-Making in Marine Economy and Management View all 21 articles
Efficacy of Ecological Compensation Programs Under Centralized Management: Evidence from China
Provisionally accepted- 1 School of Law, Ningbo University, Ningbo, Zhejiang Province, China
- 2 Guangzhou University, Guangzhou, Guangdong Province, China
- 3 Jiangnan University, Wuxi, China
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This study used PSM-DID to analyse the efficacy of Xin'an River Basin Ecological Compensation Project (Xin'an-BECP), and calculated the loss of opportunity developed in the upstream area through EKC curve(Environmental Kuznets Curve) fitting, which makes the benefit assessment of government-led ecological compensation projects more objective and provides a model that can be used to analyse the benefits of BECP in developing countries. Our results show that (1) the treatment effect of the Xin'an-BECP is not obvious; (2) the compensation funds gained by the upstream area are much lower than the theoretical opportunity loss; and (3) enterprises are not transaction participants in Xin'an-BECP. Finally, based on the conclusions of the discussion, we propose specific policy recommendations to guide developing countries in increasing the compensatory effects of BECP in the context of growing demand for economic development.
Keywords: River basin ecological compensation, Centralized management, PSM-DID, Kuznets curve, Difference-in-difference
Received: 20 Oct 2024; Accepted: 28 Jan 2025.
Copyright: © 2025 Xie, Tao and Wang. 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:
Wentai Tao, Guangzhou University, Guangzhou, 510006, Guangdong Province, China
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