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Academic Journal of Business & Management, 2023, 5(23); doi: 10.25236/AJBM.2023.052304.

Research on the Impact of Environmental Regulation and Supply-side Structural Reform on the Innovation of the Mining Industry

Author(s)

Pan Honglin, Wang Yunxia

Corresponding Author:
Wang Yunxia
Affiliation(s)

Shenzhen Technology University, Shenzhen, 518000, China

Abstract

Proposed the goals of "peak carbon dioxide emissions" by 2030 and "carbon neutrality" by 2060. The central government and all levels of government have adopted environmental regulation in the field of environmental management to promote technological innovation in enterprises in order to improve their soft power. This has had a great impact on the social environment. Since the reform and opening up, coal has occupied a major position in China's energy consumption structure. In 2022, total coal consumption accounted for 56.2% of China's total energy consumption. Even though new energy technologies have gained significant breakthroughs in recent years, and the production of other energy sources such as hydropower, nuclear power, wind power and so on has increased dramatically, the position of coal as the ballast of China's energy supply and consumption remains unchanged. In this paper, supply-side structural reform of the mining industry for the period 2018-2022 environmental regulation government related policies as well as legal documents, and industry and company data such as the mining industry as well as listed coal companies are examined. Meanwhile, entropy method and panel model are applied to explore the impact of environmental regulation and supply-side structural reform on innovation in the mining industry during 2018-2022.

Keywords

Environmental regulation, Supply-side structural reform, Mining industry, Enterprise innovation

Cite This Paper

Pan Honglin, Wang Yunxia. Research on the Impact of Environmental Regulation and Supply-side Structural Reform on the Innovation of the Mining Industry. Academic Journal of Business & Management (2023) Vol. 5, Issue 23: 20-32. https://doi.org/10.25236/AJBM.2023.052304.

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