The impact of energy governance on firm entry
Evidence from new energy demonstration cities in China
Bibliographic Data
| ID | 17832113 |
|---|---|
| Authors | Yuxin Liu (0000-0001-9753-2617, Qingdao University), Xingjin Yu (0000-0001-7271-6743, Xiamen University), Xue Meng (0000-0003-2812-813X, corresponding author) |
| Year | 2026 |
| Publication date | 2026-04-03 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Humanities and Social Sciences Communications (JOURNAL) |
| Journal identifiers | ISSN: 2662-9992 • E-ISSN: 2662-9992 |
| Publisher | Palgrave Macmillan (PUBLISHER • GB) |
| DOI | 10.1057/s41599-026-07154-7 |
| OpenAlex | W7148827187 |
| Language | EN |
| References cited | 54 |
Despite China’s substantial efforts to reform its energy structure, there remains a gap in comprehensive assessments of how these changes influence entrepreneurship. This study leverages the New Energy Demonstration Cities policy as a quasi-natural experiment aimed at improving energy structure to examine its impact on firm entry. Drawing on administrative data from business registrations and annual reports spanning 2005 to 2020, our analysis reveals a decline in new firm entries attributable to this policy. This effect appears to stem from a mix of heightened technological barriers, resource allocation barriers, and environmental regulation. Additionally, the policy predominantly restricts firm entry in cities that are neither resource-based nor historically industrial-based. The policy’s impact varies notably across industries, most significantly reducing entries in the small enterprises, tertiary sector, among non-state-owned, non-high-energy-consuming, and non-high-tech businesses, while encouraging entries in high-energy-consuming sectors. These findings suggest that energy structure governance is playing a significant role in reshaping the profile of new market entrants
China · Corporate governance · Efficient energy use · Energy policy · New energy · Resource allocation · Energy Efficiency and Management · Energy, Environment, Economic Growth · Innovation Policy and RD
Investment under Uncertainty
The consequences of spatially differentiated water pollution regulation in China
The Impacts of Environmental Regulations on Competitiveness
Effects of smart city construction on energy saving and CO2 emission reduction
The impact of standards and regulation on innovation in uncertain markets
Entry regulation as a barrier to entrepreneurship
Environmental policies and productivity growth
The Porter Hypothesis at 20
The influence of regulations on innovation
The Effects of Mandatory and Voluntary Regulatory Pressures on Firms’ Environmental Strategies
Trade, Migration, and Productivity
The Fundamental Institutions of China's Reforms and Development
The impact of the new energy demonstration city policy on the green total factor productivity of resource-based cities
Exporting Out of Agriculture
Clusters and Entrepreneurship
Market size and entrepreneurship
How migration restrictions limit agglomeration and productivity in China
Trade policy uncertainty and new firm entry
Impact of energy transition policy on energy justice
Toward a New Conception of the Environment-Competitiveness Relationship
| Citation velocity | historical |
|---|---|
| Highly cited | No |