<p>This study investigates the impact of green innovation on the export resilience of Chinese A-share listed manufacturing firms. The results show that green innovation significantly enhances export resilience, and this finding remains robust across a series of robustness checks and after addressing endogeneity. The mechanism analysis indicates that improvements in product quality and reductions in tariff costs are key channels through which green innovation operates. The micro-level heterogeneity analysis shows that the positive effect of green innovation is more pronounced among state-owned enterprises (SOEs), younger firms, ISO 14001-certified firms, firms that disclose environmental information, and those with boards comprising more highly educated members and a higher proportion of female directors. At the macro level, the effect is stronger for firms in high-polluting or high-tech industries, located in cities with more developed green finance systems, and exporting to more environmentally friendly destinations.</p>

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Green innovation and firms’ export resilience: evidence from China

  • Yunyan Wei

摘要

This study investigates the impact of green innovation on the export resilience of Chinese A-share listed manufacturing firms. The results show that green innovation significantly enhances export resilience, and this finding remains robust across a series of robustness checks and after addressing endogeneity. The mechanism analysis indicates that improvements in product quality and reductions in tariff costs are key channels through which green innovation operates. The micro-level heterogeneity analysis shows that the positive effect of green innovation is more pronounced among state-owned enterprises (SOEs), younger firms, ISO 14001-certified firms, firms that disclose environmental information, and those with boards comprising more highly educated members and a higher proportion of female directors. At the macro level, the effect is stronger for firms in high-polluting or high-tech industries, located in cities with more developed green finance systems, and exporting to more environmentally friendly destinations.