He Ling-Yun, Qi Xiao-Feng
College of Economics, Jinan University, Guangzhou 510632, China.
Int J Environ Res Public Health. 2021 May 13;18(10):5158. doi: 10.3390/ijerph18105158.
Developing countries face the conflict between economic development and environmental protection. Resource misallocation will not only affect the effectiveness of economic development, but also have environmental impacts. Based on two large-scale enterprise databases in China, this paper measured the level of enterprise resource allocation, and further used empirical research methods to investigate the environmental impact of enterprise resource misallocation and specific mechanisms. The results show that the low efficiency of resource allocation will harm the quality of China's environment. Further investigation, resource misallocation is accompanied by an increase in total energy input, a decrease in the labor-to-energy ratio and the capital-to-energy ratio, and a loss of energy efficiency, which in turn affects the environmental performance of enterprises. China is the largest developing country in the world, and research on China's environmental and economic issues is important. The conclusions of this paper can provide experience and suggestions for other developing countries to improve environmental quality and promote sustainable development from the perspective of resource misallocation.
发展中国家面临着经济发展与环境保护之间的冲突。资源错配不仅会影响经济发展的成效，还会对环境产生影响。基于中国两个大型企业数据库，本文测度了企业资源配置水平，并进一步运用实证研究方法考察了企业资源错配的环境影响及具体机制。研究结果表明，资源配置效率低下会损害中国的环境质量。进一步考察发现，资源错配伴随着能源总投入增加、劳动与能源比率及资本与能源比率下降以及能源效率损失，进而影响企业的环境绩效。中国是世界上最大的发展中国家，对中国环境与经济问题的研究具有重要意义。本文的研究结论能够为其他发展中国家从资源错配角度改善环境质量、促进可持续发展提供经验和建议。
