Exploring the Impact of Enterprise Entry and Exit on Ecological Environment Performance: Evidence from China’s Strategic Emerging Industries

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Authors: Tong Liu, Ziyi Zhang, Peng Zhang, Xujia Zhang
Cited by: 0
References: 20

Abstract

Strategic Emerging Industries (SEIs) are a critical driver of China’s green transition and high-quality development; however, the Ecological and Environmental Effects of Firm Entry and Exit remain insufficiently explored. Based on micro-level data of Chinese SEI enterprises from 2009 to 2023, this study employs kernel density estimation and a panel fixed-effects model to construct a five-dimensional ecological environment evaluation system under the PSDRP framework and to examine the spatio-temporal evolution characteristics of Firm Entry and Exit and their Ecological and Environmental Effects. The results indicate that SEI enterprises exhibit agglomeration in the Eastern Region and gradual diffusion toward the Western Region, with exit activities showing higher spatial concentration. Firm Entry generates stage-specific constraining effects on the ecological environment, whereas Firm Exit alleviates ecological Pressure and enhances Resilience. Significant regional heterogeneity is observed, forming a pattern of optimization in the Eastern Region, improvement in the Central and Western Regions, and greater adjustment challenges in the Northeast Region. This study provides empirical evidence for differentiated and coordinated industrial–environmental policy design.

Fields of Study & Subjects

Energy Environment Economic Growth Firm Innovation and Growth Environmental Sustainability in Business

Publication details

Journal / source
Sustainability
Volume
18
Issue
5
Pages
2620–2620
Publication date
7 March 2026
Language
EN