Environmental Regulation and Economic Growth

Zhiying ZHANG, Xiaojing ZHOU

Abstract


With the consumption of resources in global economic development, environmental issues have gradually become an important factor limiting global sustainable development. In order to achieve green economic development and sustainable human development, the Chinese government has continuously introduced various environmental regulation policies to maintain ecological balance. This paper takes environmental regulation policies as a premise and analyzes the intrinsic influence mechanism between environmental regulation and economic growth, and comes to an important conclusion that environmental rules may lead to higher economic operating costs and lower economic efficiency in the short run, but in the long run, environmental rules strongly promote long-term healthy and sustainable economic development by promoting technological progress.


Keywords


Environmental protection; Regulation; Economic growth

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References


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DOI: http://dx.doi.org/10.3968/12339

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