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• W4319923054 startingPage "3087" @default.
• W4319923054 abstract "The purpose of the article is to study how the shift in the developing philosophy of China’s central leadership has impacted the management style of China’s local governments and, in turn, the country’s economic and environmental equilibrium. We use a real business cycle model with environmental variables and divide governments into those with/without environmental concerns and into those with long- and short-term policy horizons. We find that forcing local governments to plan in the long run is effective only when those governments are simultaneously mandated to consider the environment to be as important as the economy. Theoretical results show that both output and pollution levels are highest under governments without environmental obligations, intermediate under long-term governments with environmental obligations, and lowest under short-term governments with such obligations." @default.
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• W4319923054 date "2023-02-10" @default.
• W4319923054 modified "2023-09-30" @default.
• W4319923054 title "Optimal Environmental Policy for Heterogeneous Governments in China" @default.
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• W4319923054 doi "https://doi.org/10.3390/ijerph20043087" @default.
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• W4319923054 hasPublicationYear "2023" @default.
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