The Impact of Haze Pollution on Chinese Local Government Debt

Bibliographic Data

ID3296897
AuthorsXin Han (0000-0001-5426-2004, Northeastern University), Zheng Xuelian, Zheng Xue-lian (Jimei University, corresponding author), Jun Hou (0000-0001-6180-1934, Shangqiu Normal University), Xianming Kuang
Year2023
Volume13
Issue4
Publication date2023-10-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueSAGE Open (JOURNAL)
Journal identifiersISSN: 2158-2440 • E-ISSN: 2158-2440
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/21582440231205467
OpenAlexW4388109784
LanguageEN
Citations received1
References cited11

Can haze pollution effectively influence local government debt? This study uses data from 285 Chinese cities at the prefecture level or above from 2006 to 2019, and uses annual average sunny days as an instrumental variable to systematically analyze the impact of haze pollution on local government debt from both theoretical and empirical perspectives. The main conclusions of this study are: (1) there is a positive correlation between haze pollution and local government debt; (2) sub-sample analysis suggests that the impact of haze pollution on local government debt shows heterogeneous effects in different cities and at different times; and (3) the analysis of the relevant mechanism suggests that haze pollution can promote local government debt through industrial structure upgrading and green technology innovation. The research conclusions provide policy references for Chinese local governments to effectively respond to haze pollution

Business · Debt · Econometrics · Economics · Geography · Haze · Instrumental variable · Local government · Meteorology · Natural resource economics · Air Quality and Health Impacts · Energy, Environment, Economic Growth · Fiscal Policy and Economic Growth · Finance · Pollution

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Open DOIOpen Access