The Mechanism Analysis of Environmental Regulation on Green Total Factor Productivity

摘要

Employing environmental regulation to promote green total factor productivity is an important way to achieve the coordinated development of economy and environment. This paper summarizes the impact mechanism of environmental regulation on green total factor productivity. From the perspective of internal mechanism，environmental regulation affects green total factor productivity through technological innovation，industrial structure and factor allocation. From the perspective of external mechanism，environmental regulation also affects green total factor productivity through foreign investment，technology spillovers and policy combination. The above discussion provides a basis for theoretical and empirical analysis on the causality between environmental regulation and productivity.