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The impact of environmental regulatory instruments on agribusiness technology innovation-A study of configuration
Jinglin Xia1, Liguo Zhang1, Yuwei Song1
1School of Economics, Jiangxi University of Finance and Economics, Nanchang, Jiangxi, People's Republic of China.
Abstract:
This paper investigates the complex causal relationships between various types of environmental regulatory instruments (ERI) and agri-firms' technological innovation employing fuzzy set qualitative comparative analysis (fsQCA). The study finds a well-designed set of ERI can promote technological innovation in agribusiness; control-command ERI cannot promote technological innovation in agribusiness solely, market-incentivized ERI is indispensable in promoting firms' innovation performance, implicit ERI plays an important role in promoting firms' innovation and voluntary ERI does not play a significant role in promoting firms' technological innovation. The government should coordinate among various types of ERI and improve the design of ERI to achieve a win-win situation for both economic and environmental performance in the agriculture sector.
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