The impact of China's low-carbon policies' intensity on the labor demand of listed companies

This study examines the impact of China's low-carbon policies on labor demand in listed firms, focusing on command-and-control and market-based instruments. The research integrates a comprehensive dataset spanning 2007 to 2016, comprising employment and financial data, alongside an analysis of...

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Main Authors: Yuan Gao, Xie Guan
Format: Article
Language:English
Published: Elsevier 2025-02-01
Series:Heliyon
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2405844025007832
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author Yuan Gao
Xie Guan
author_facet Yuan Gao
Xie Guan
author_sort Yuan Gao
collection DOAJ
description This study examines the impact of China's low-carbon policies on labor demand in listed firms, focusing on command-and-control and market-based instruments. The research integrates a comprehensive dataset spanning 2007 to 2016, comprising employment and financial data, alongside an analysis of low-carbon policy intensity from 2007 to 2022. Results from fixed-effects panel data regression indicate that both types of policies positively influence labor demand, with command-and-control policies exhibiting a slightly stronger effect. Further analysis reveals nuanced impacts on various aspects of enterprise operations, including environmental governance, R&D labor demand, and profitability. The study also highlights heterogeneity in policy effectiveness across industries, with command-and-control measures favoring high-polluting sectors and market-based measures stimulating labor demand in low-polluting industries. These findings contribute to understanding the intricate dynamics between low-carbon policies and labor markets, offering insights for policymakers and stakeholders navigating the transition towards a greener economy.
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issn 2405-8440
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publishDate 2025-02-01
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series Heliyon
spelling doaj-art-00f4b191eb6b4a1cbf1df3ada7aebf122025-02-09T05:00:40ZengElsevierHeliyon2405-84402025-02-01113e42403The impact of China's low-carbon policies' intensity on the labor demand of listed companiesYuan Gao0Xie Guan1Jiangxi University of Applied Science, ChinaCorresponding author.; Jiangxi University of Applied Science, ChinaThis study examines the impact of China's low-carbon policies on labor demand in listed firms, focusing on command-and-control and market-based instruments. The research integrates a comprehensive dataset spanning 2007 to 2016, comprising employment and financial data, alongside an analysis of low-carbon policy intensity from 2007 to 2022. Results from fixed-effects panel data regression indicate that both types of policies positively influence labor demand, with command-and-control policies exhibiting a slightly stronger effect. Further analysis reveals nuanced impacts on various aspects of enterprise operations, including environmental governance, R&D labor demand, and profitability. The study also highlights heterogeneity in policy effectiveness across industries, with command-and-control measures favoring high-polluting sectors and market-based measures stimulating labor demand in low-polluting industries. These findings contribute to understanding the intricate dynamics between low-carbon policies and labor markets, offering insights for policymakers and stakeholders navigating the transition towards a greener economy.http://www.sciencedirect.com/science/article/pii/S2405844025007832Low-carbon policiesLabor demandCommand-and-control instrumentsMarket-based instruments
spellingShingle Yuan Gao
Xie Guan
The impact of China's low-carbon policies' intensity on the labor demand of listed companies
Heliyon
Low-carbon policies
Labor demand
Command-and-control instruments
Market-based instruments
title The impact of China's low-carbon policies' intensity on the labor demand of listed companies
title_full The impact of China's low-carbon policies' intensity on the labor demand of listed companies
title_fullStr The impact of China's low-carbon policies' intensity on the labor demand of listed companies
title_full_unstemmed The impact of China's low-carbon policies' intensity on the labor demand of listed companies
title_short The impact of China's low-carbon policies' intensity on the labor demand of listed companies
title_sort impact of china s low carbon policies intensity on the labor demand of listed companies
topic Low-carbon policies
Labor demand
Command-and-control instruments
Market-based instruments
url http://www.sciencedirect.com/science/article/pii/S2405844025007832
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