簡介／

發表人：Ms. Natjanan Chujit 朱娜婕 同學 (IMES應用經濟與社會發展英語碩士學位學程)
與談人：Ken Itakura, Professor (Faculty of Economics, Nagoya City University, Japan.)
主持人：Huey-Lin Lee, Associate Professor 李慧琳 院導師 (Department of Economics, NCCU 政治大學經濟學系)

ABSTRACT：
This study explores the impact of corporate green bond issuances on air quality in 28 Asian cities between 2018 and 2023, demonstrating the role of green finance in environmental improvements. It integrates comprehensive data, combining corporate green bond information with air quality metrics—PM2.5, PM10, SO4, SO2, OC, and BC. The study employs a high-dimensional fixed effects (HDFE) linear regression model with a 14-month lag to capture the long-term impacts of these bonds on pollution levels. The 14-month lag, selected based on robust empirical tests, addresses the delayed effects of environmental projects. The findings reveal significant reductions in SO4, BC, and OC concentrations, demonstrating the effectiveness of green bonds in mitigating these pollutants. However, the impact on PM2.5, PM10, and SO2 is less evident, suggesting the influence of regional and pollutant-specific factors. This analysis provides a nuanced perspective on the varying efficacy of green bonds, offering key insights for policymakers and investors. By emphasizing the importance of timing and pollutant-specific outcomes, this study contributes to a more detailed understanding of how green finance can drive air quality improvements in urban settings.

KEYWORDS：Corporate Green Bonds, Air Pollutants, HDFE Linear Regression, Air Quality

★ 2024 CALL FOR PAPERS【社科院 CSS】博士生工作坊Ph.D Workshop發表/分享徵件中！申請表單/ABSTRACT FORM

※Refreshment will be provided only for those who have registered for the event. 活動敬備小點心，僅供報名師生優先享用。

報名資訊／