演讲题目：Does Air pollution Impede innovation：Evidence from China

报告人：李奥 博士研究生

时 间：2020年9月29日（周二）15:00-16：30

地 点：嘉庚二205

主持人：安然助理教授

参加者：对会计、财务研究有兴趣的师生

摘要：This study examines the effect of air pollution on technological innovation and finds robust evidence that air pollution impedes innovation at both the city and firm level. To obtain our results, our research draws on three distinct analyses: i) an ordinary least squares regression, ii) an instrumental variable approach with thermal inversions as the instrument for air pollution, and iii) a regression discontinuity design that relies on China’s Huai River Policy. Our study further examines the mechanism driving this effect and finds that lower employee innovation efficiency and higher migration of inventors to low-pollution cities drive our results.