The real effect of legal institutions: Environmental courts and firm environmental protection expenditure

• Published in: Journal of environmental economics and management Vol. 98; p. 102254
• Main Authors: Zhang, Qi, Yu, Zhi, Kong, Dongmin
• Format: Journal Article
• Language: English
• Published: Elsevier Inc 01.11.2019
• Subjects: China; Environment courts; Environmental protection expenditure; Local protectionism; Quasi-natural experiment; Environment courts; Environmental protection expenditure; G31; Q58; China; Quasi-natural experiment; K42; Local protectionism; Q53

This paper evaluates the real effects of environmental justice reform on environmental governance at the firm level. Using the establishment of environmental courts in China as a quasi-natural experiment, our difference-in-differences estimation shows that: (1) environmental courts significantly enh...