| The impact of insurance on pollution emissions: Evidence from China?s environmental pollution liability insurance | |
Shi, Beibei1; Jiang, Lisha2 ; Bao, Rui3; Zhang, Ziqing2; Kang, YuanQi1
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| 2023-04 | |
| 发表期刊 | ECONOMIC MODELLING
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| 卷号 | 121 |
| 摘要 | The disaster risks caused by environmental pollution can be effectively reduced by insurance, however, how insurance affects pollution emissions remains unexplored in existing literature. This study aims to investigate the impacts of Environmental Pollution Liability Insurance (EPLI) implemented in China on pollution emissions by adopting difference-in-differences approach. Using the data at the prefecture-city level from 2003 to 2015, we find that EPLI has a significant inhibitory effect on pollution emissions, and the effect is stronger with the increasing numbers of insured enterprises and insurance premiums. Further analysis exploring channels suggests that EPLI can strengthen public supervision by compensating the public for economic losses caused by pollution, and improve self-discipline by increasing economic punishment for enterprises pollution. Our findings provide a new rationale for environmental administrators to regulate industrial polluters. |
| 关键词 | Environmental pollution liability insurance Industrial pollution Environmental regulation Quasi -natural experiment |
| DOI | 10.1016/j.econmod.2023.106229 |
| 收录类别 | SSCI |
| ISSN | 0264-9993 |
| 语种 | 英语 |
| WOS研究方向 | Business & Economics |
| WOS类目 | Economics |
| WOS记录号 | WOS:000948572800001 |
| 出版者 | ELSEVIER |
| 原始文献类型 | Article |
| EISSN | 1873-6122 |
| 引用统计 | |
| 文献类型 | 期刊论文 |
| 条目标识符 | http://ir.lzufe.edu.cn/handle/39EH0E1M/33450 |
| 专题 | 会计学院 |
| 作者单位 | 1.Northwest Univ, Sch Econ & Management, Xuefu Ave 1, Xian 710127, Peoples R China; 2.Lanzhou Univ Finance & Econ, Sch Accounting, 4 Weile Ave, Lanzhou, Peoples R China; 3.Peking Univ, Sch Govt, 5 Yiheyuan Rd, Beijing 100871, Peoples R China |
| 推荐引用方式 GB/T 7714 | Shi, Beibei,Jiang, Lisha,Bao, Rui,et al. The impact of insurance on pollution emissions: Evidence from China?s environmental pollution liability insurance[J]. ECONOMIC MODELLING,2023,121. |
| APA | Shi, Beibei,Jiang, Lisha,Bao, Rui,Zhang, Ziqing,&Kang, YuanQi.(2023).The impact of insurance on pollution emissions: Evidence from China?s environmental pollution liability insurance.ECONOMIC MODELLING,121. |
| MLA | Shi, Beibei,et al."The impact of insurance on pollution emissions: Evidence from China?s environmental pollution liability insurance".ECONOMIC MODELLING 121(2023). |
| 条目包含的文件 | 条目无相关文件。 | |||||
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