1. Who takes the lead: Synergistic emission reduction effects of proactive government and efficient market in atmospheric pollution mitigation.
- Author
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Tian P, Pan Z, Zeng X, and Zhu Y
- Abstract
In environmental protection, government and market forces must work together. However, existing literature often separates the two and discusses their roles independently. Therefore, this study incorporates both the market and government into a unified analytical framework. It redefines government force as environmental regulation and market force as allocation efficiency in environmental protection. The study empirically examines the synergistic emission reduction effects of active government and efficient market on air pollution, using data from 272 prefectural-level cities in China from 2003 to 2019. The results show: (1) Both government and market interventions can significantly reduce air pollution levels, and their combination achieves a synergistic emission reduction effect.(2) Within this synergy, government intervention remains dominant, while the market plays a supportive role. (3) Analyzing the heterogeneous effects under different scenarios reveals that collaboration and mutual monitoring between the government and the market can effectively counteract the adverse effects of economic policy uncertainty and corruption on the environment. Furthermore, when a single entity undertakes environmental protection, it may encounter issues of diminishing effectiveness over time. However, the synergistic effects of government and market cooperation can mitigate these challenges. (4) The synergy exhibits a threshold effect based on the varying strengths of government and market forces. (5) Public participation enhances the synergistic emission reduction effect of government and market, acting as a vital complement to their environmental protection efforts. This study provides new empirical evidence on the synergistic effect of current environmental protection measures in improving air pollution control., Competing Interests: Declaration of competing interest The authors declare that they have no known competing financial interests or personal relationships that could have appeared to influence the work reported in this paper., (Copyright © 2024 Elsevier Ltd. All rights reserved.)
- Published
- 2024
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