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Incentive and coordination: Ecological fiscal transfers' effects on eco-environmental quality  ( EI收录)  

文献类型:期刊文献

英文题名:Incentive and coordination: Ecological fiscal transfers' effects on eco-environmental quality

作者:Cao, Hongjie[1];Qi, Yu[2];Chen, Jianwei[3];Shao, Shuai[4];Lin, Shixian[2]

机构:[1]Qingdao Univ, Sch Econ, Qingdao 266061, Peoples R China;[2]Zhongnan Univ Econ & Law, Sch Publ Finance & Taxat, 182 Nanhu Ave, Wuhan 430073, Hubei, Peoples R China;[3]Univ Int Business & Econ, Res Ctr Educ & Open Econ, Beijing 10029, Peoples R China;[4]East China Univ Sci & Technol, Sch Business, Shanghai 200237, Peoples R China

年份:2021

卷号:87

外文期刊名:ENVIRONMENTAL IMPACT ASSESSMENT REVIEW

收录:;EI(收录号:20205009611603);WOS:【SSCI(收录号:WOS:000614713900003)】;

基金:This work was funded by the National Natural Science Foundation of China (Nos.71922015 and 71773075), the National Social Science Fund of China (Nos.20BJL074), Innovation and Talent Base for Income Distribution and Public Finance (B20084), the Fundamental Research Funds of ZUEL (202010408, 31511910901) and Humanities and Social Sciences Foundation of Ministry of Education of China (Nos.19YJAZH062).

语种:英文

外文关键词:Ecological transfer payments; Local government behavior; Incentive effect; Coordinated effect

摘要:In developing countries, ecological transfer payments (ETPs) are a preferred method of solving the dilemma of environmental governance. However, the associated policy effects have not yet been effectively evaluated. We use unique ETPs' data provided by the Ministry of Finance of China in a dynamic spatial panel data model. Our study finds that ETPs stimulate the efforts of local governments to improve environmental quality, and play a coordinated role in mitigating the race-to-the-bottom competition among regions. However, these transfer payments (TPs) do not promote ecological improvement. Although the design of non-ecological transfer payments (non-ETPs) considers ecological and environmental factors, they do not effectively play an incentive and coordinated role. The ETPs' behavior that encourages local governments to invest in environmental improvements exhibits more of a compensation rather than a leverage effect. This conclusion suggests that policymakers should pay attention to the coordinated role, and increase the weight of ecological factors, in the design of TPs.

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