Environmental Regulation and the Quality of Economic Development——From the Perspective of Local Government Competition
Environmental regulation is the key path to coordinate environmental protection and economic development,and achieve"gold and silver mountains,as well as clear water and green mountains".Based on provincial panel data in China,this paper makes an empirical analysis on the impact of environmental regulations on the quality of economic development by using an econometric model.In addition,from the perspective of local government competition,this paper discusses the spatial effects of environmental regulation and its strategic interaction on the quality of economic development by using the spatial Durbin model.The results show that environmental regulation does not have a simple linear effect on the quality of economic development,but has a nonlinear effect of first promoting and then inhibiting.Only moderate regulation intensity can significantly improve the quality of economic development.Under the influence of local government competition,there is a significant strategic interaction of environmental regulation among regions,and this strategic interaction has regional heterogeneity.The strategic interaction of environmental regulation in the eastern region is the most significant,but not in the central and western regions.Local governments are uncertain in coordinating environmental protection and economic development,which makes the implementation of environmental regulations inconsistent,and then leads to the fluctuating impact of the interaction between environmental regulations and their strategies on the quality of economic development.
environmental regulationthe quality of economic developmentlocal government competitionspatial spillover effect