›› 2019, Vol. 31 ›› Issue (12): 15-25.

Previous Articles     Next Articles

Can Social Capital Promote the Growth of Environmental Total Factor Productivity in China?

Wan Jianxiang, Wang Shanshan   

  1. School of Information Management, Jiangxi University of Finance and Economics, Nanchang 330022
  • Received:2019-02-21 Online:2019-12-28 Published:2019-12-24

Abstract:

The use of social capital to explain economic development has become a new and effective perspective. However, few studies introduce social capital into environmental total factors, which leads to the lack of in-depth and objective analysis of the formation mechanism and influencing factors of the total factors. While investigating the comprehensive attributes of social capital, this paper pays attention to water resources, in order to take into account the objectivity of the measurement of environmental total factor productivity, and constructs a fixed-effect model to analyze the impact of social capital on environmental total factor productivity. It is found that:(1) the development of environmental total factor productivity is relatively balanced among provinces, and the absence of water resources leads to overestimation of environmental total factor productivity and underestimation of environmental pollution; (2) generally speaking, social capital promotes environmental technical progress and inhibits environmental technical efficiency; in a single dimension, the network dimension of social capital has a positive impact on the improvement of environmental total factor productivity, while the trust dimension has a negative impact; (3) the government's environmental regulation and the technology level have a positive effect on the environmental total factor productivity, while the capital endowment structure has a negative effect on it.

Key words: social capital, environmental total factor productivity, fixed-effect model