Empirical Study On The Impact Of Environmental Regulation On Green Technology Innovation In Chemical Industry

In recent years,China's chemical industry has developed rapidly and the environmental problems caused by it have aroused widespread concern in the whole society.On the one hand,the chemical industry,due to the high degree of inter-industry correlation,can drive the development of related industries has typical resources,capital and technology-intensive characteristics,and plays an important role in the development of China's national economy.On the other hand,with the gradual loss of energy supply and low-cost advantages,the traditional extensive economic growth model represented by the chemical and chemical industry with high energy consumption and high pollution characteristics has increased the contradiction between environmental protection and economic development.Key issues to be resolved in a timely manner.Environmental regulation can effectively alleviate the environmental burden caused by pollutant emissions and promote the harmonious coexistence of ecological environment and economic development.It is an important social regulation.In this regard,this study deeply analyzes the current research background and significance,and based on the discussion of green development theory,porter hypothesis,externality theory etc.,in-depth study of the connotation of environmental regulation,green technology innovation,in-depth study of environmental rules and Research status of the correlation between green technology innovation.Secondly,this paper takes the two types of regulatory tools: cost-based environmental regulation and investment-type environmental regulation as the entry point.Using the panel data of 27 provinces in China from 2009 to 2017,this paper empirically studies the impact of environmental regulation on green technology innovation in the chemical industry.Through research,it is found that cost-based environmental regulation is more conducive to stimulating green technology innovation in the chemical industry than investment-based environmental regulation,and there are significant regional differences in the impact of cost-based regulatory tools on green product innovation in the chemical industry,which supports to a certain extent."Porter hypothesis." Subsequently,by constructing environmental regulation and the green technology innovation threshold model of the chemical industry,it is verified that there is a nonlinear relationship between the two.Threshold regression analysis shows that there is a threshold for both cost-based environmental regulation and investment-type environmental regulation,that is,the level of green technology innovation in the chemical industry is affected by the intensity of environmental regulation.Therefore,when considering the development of environmental regulation policies for the chemical industry,it is necessary to focus on the development differences in the chemical industry,and focus on the formulation and implementation of environmental regulation policies and laws and regulations.Finally,based on the above analysis,it is believed that for the high-pollution and high-energy-consuming industries in the chemical industry,based on the development of the chemical industry in various regions,based on various factors and various aspects,it is expected to formulate appropriate environmental regulation policies to improve green technology innovation in China's chemical industry.Capacity and further promote China's economic development.