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    Resources & Industries 2021 Vol.23
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    RELATION OF WATER QUALITY AND ECONOMIC GROWTH IN YANGTZE RIVER DELTA REGION UNDER GREY WATER FOOTPRINT MEASUREMENT
    ZHU Zhiming, GUO Lingli
    Resources & Industries    2021, 23 (1): 1-9.   DOI: 10.13776/j.cnki.resourcesindustries.20201211.004
    Abstract120)         PDF(mobile) (2694KB)(12)    Save
    Phosphorus pollution factor is added to the traditional measurement to measure the grey water footprint of each domain in the provinces(cities) of Yangtze river delta region from 2005 to 2017, and regression model is used to verify the relation between grey water footprint and GDP in the provinces (cities), in an attempt to explore a coordinated developing model of economy and water resources. Unlike the traditional measurement in which gross nitrogen and COD are the major pollution factors in agricultural grey water footprint, phosphorus has become the chief pollution source of agricultural grey water footprint in Yangtze river delta region. Grey water footprint shows a decreasing-increasing-decreasing trend in Jiangsu, Zhejiang and Anhui provinces from 2005 to 2017, continuously decreasing in Shanghai city. Water quality is generally improving in Yangtze river delta region along with an increased water resources use efficiency. There is a descending correlation curve of water quality and economic development in Shanghai, an upside-down N-shaped curve in Jiangsu and Anhui, and an upside-down U-shaped curve in Zhejiang. This study provides references for governments to adopt differentiated water pollution control measures through analysis of the relation of grey water footprint and economic development in Yangtze river delta region.
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    SPATIAL-TEMPORAL EVOLUTION AND SPATIAL EFFECTS OF WATER RESOURCES WELFARE PERFORMANCE IN YANGTZE RIVER ECONOMIC ZONE
    WANG Baoqian, YE Wenqian
    Resources & Industries    2021, 23 (1): 10-19.   DOI: 10.13776/j.cnki.resourcesindustries.20210104.005
    Abstract101)         PDF(mobile) (2371KB)(9)    Save
    This paper based on panel data of 11 provinces (cities) in Yangtze river economic zone from 2008 to 2017, uses non-diametric Super-SBM model to estimate the water resources welfare performance of provinces (cities) in Yangtze river economic zone, applies non-parametric Kernel core density and standard deviation ellipse model to study the dynamic evolution of water resources welfare performance, and employs overall Morans index and spatial panel model to analyze the spatial effects, in an attempt to provide references in promoting ecological environment restoration and ecological civilization construction in Yangtze river economic zone. Water resources welfare performance of Yangtze river economic zone shows a slowly rising trend from 2008 to 2017, high in eastern region, followed by western, low in central. Its performance center moves to the northeast. Also its welfare performance has a spatial concentrating and overflowing effects. Technical advance promotes water resources welfare performance, but environmental regulations and urbanization level play a negative role. Industrial structure and foreign investment level have little impact. This paper presents suggestions on coordinating regional developing mode, conducting technical innovation, establishing regional cooperation and exchange, expanding positive spatial overflowing and issuing localized policies.
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    ESTIMATION METHOD CONSTRUCTION AND APPLICATION OF OCEANIC ECOSYSTEM SERVICES BASED ON ENERGY VALUES
    LIU Gengyuan, LIU Chang, YANG Qing
    Resources & Industries    2021, 23 (1): 20-34.   DOI: 10.13776/j.cnki.resourcesindustries.20210102.001
    Abstract133)            Save
    This paper uses energy values to establish an estimation method of oceanic ecosystem service based on non-monetary ecosystem service values evaluation, which is used to estimate China's oceanic ecosystem service values in 2012 with objectives of providing reference for governmental managements in planning oceanic resources. According to oceanic ecosystem service values in 2012, China's 13 coastal provinces (cities) are ranked as follows: Guangdong, Shandong, Taiwan, Fujian, Hainan (Sansha city excluded), Liaoning, Zhejiang, Jiangsu, Shanghai, Guangxi, Hebei, Tianjin and Sansha city (only coral reef and sea grass bed considered). Seven categories of oceanic ecosystems whose unit service values are in a decreasing order are mangrove, salt swamp, tidal flat, estuary, sea grass bed, warm water coral reef and 12 sea miles water, suggesting a bigger unit ecosystem service value in shore wetland, compared to coastal water. So protection of existing shore wetland ecosystem or expansion of its area helps increase oceanic ecosystem service values. The major ecosystem services include increasing biological diversity, fixing carbon and releasing oxygen, and natural power generation with their contribution over 70%.
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    CARBON EMISSION EFFECT, FACTORS AND EMISSION REDUCTION POTENTIAL OF INDUSTRIAL DEVELOPMENT IN UNDERDEVELOPED REGIONS: A CASE STUDY ON NORTHERN JIANGSU PROVINCE
    JIAN Xiaobin, CHEN Weibo, ZHAO Jie
    Resources & Industries    2021, 23 (1): 35-45.   DOI: 10.13776/j.cnki.resourcesindustries.20210105.001
    Abstract166)         PDF(mobile) (1397KB)(20)    Save
    This paper uses carbon emission decomposition model to measure the carbon emission of industrial development in northern Jiangsu, and applies expanded STIRPAT model to analyze its factors, and employs carbon emission potential index model to study the reduction potential of industrial carbon emission. Industrial carbon emission intensity has gradually declined in northern Jiangsu, lower than the average in China, mostly contributed from power, mining, metallurgy, petroleum refinery and paper industries in Xuzhou and Huai'an. The factors impacting industrial carbon emission in northern Jiangsu include energy consumption intensity, industrial economy scale and industry structure, followed by the living standard of residents and urbanization level. The key industries with great potential in industrial carbon emission reduction are power, mining, petroleum refinery, chemicals and medicine, metallurgy, equipment manufacture, paper industries in Xuzhou, Huai'an and Lianyungang. This paper presents suggestions on establishing carbon emission objectives and responsibilities for key industries, enhancing carbon emission controls, exerting carbon emission reduction potential, and promoting industrial energy saving and advancing in northern Jiangsu province.
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    INDUSTRIAL STRUCTURE CHARACTERISTICS AND INDUSTRIAL DEVELOPMENT PREDICTION IN SICHUAN PROVINCE
    LONG Qichao, HE Min, CHEN Junhui, et al
    Resources & Industries    2021, 23 (1): 46-54.   DOI: 10.13776/j.cnki.resourcesindustries.20210105.002
    Abstract177)         PDF(mobile) (4531KB)(28)    Save
    As end treatment of industrial pollution sources advances, their end emission space continuously shrinks. Industrial structural adjustment is an effective means in mitigating regional environmental pressure. This paper, based on status of three industrial structures in Sichuan, uses Theil index and industrial structure advancing index to estimate industrial structure rationalization extent and advancing level from perspectives of Sichuan province, five economic zones and cities, statistically analyzes the changing trend of leading industries, and applies component data model and ARIMA model to predict their percentages of three industries, aiming at offering references for Sichuan to make industrial structure optimization policies. It concludes that Sichuan's industrial structure has been consistently upgrading and improving, with large gaps within or among regions. Traditional energy, resources-intensive industries and primary processing industry of agricultural products still hold a major fraction, except Chengdu plain economic zone with developed electric information. This paper presents suggestions on enhancing co-integrated development within and among regions, boosting internal structural optimization of the secondary industry for Sichuan's industrial structural upgrading.
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    TEMPORAL-SPATIAL EVOLUTION AND MECHANISM OFINDUSTRIAL LAND SUPPLY IN YANGTZE RIVER ECONOMIC ZONE
    LI Linjuan, WANG Zhongzhi, MENG Hao, et al
    Resources & Industries    2021, 23 (1): 55-62.   DOI: 10.13776/j.cnki.resourcesindustries.20210104.001
    Abstract88)         PDF(mobile) (2481KB)(6)    Save
    This paper, based on China's land supply data from 2010 to 2018 gained from China Land Market website via Python program, uses spatial distribution center, regional Gini coefficient, cold-hot spot and panel data model to discuss the temporal-spatial evolution and mechanism industrial land supply in Yangtze river economic zone during bi-transitional periods of market and development and supply side reform, aiming at providing theoretical supports for optimizing industrial planning and promoting supply side reform. Supply of industrial land in Yangtze river economic zone shows a fluctuated decreasing trend with rising, falling and slowly increasing stages. Spatial distribution of industrial land citywide generally tends to be balanced with a shrinking regional land supply difference. Industrial land is the largest in the middle stream of Yangtze river with its distributing center migrating to Yangtze river delta. Land supply is influenced by industrial land price and economic level; it is promoted by increment of fixed asset investment, local financial income and gross industrial production.
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    FEASIBILITY STUDY ON SURFACE EXTRACTION OF DUIJIANGNAN COAL FIELD CBM IN GUIZHOU PROVINCE
    LIU Nana, RU Ting
    Resources & Industries    2021, 23 (1): 63-68.   DOI: 10.13776/j.cnki.resourcesindustries.20210104.003
    Abstract69)         PDF(mobile) (1875KB)(5)    Save
    Duijiangnan coal field in Guizhou province holds lots of coal beds with high content of methane, meaning abundant CBM resources, but high outbreak risk of CBM. This paper uses the volume method to estimate the CBM resources of minable coal beds, based on the prior extraction test. Extraction project is designed, and feasibility study is conducted by means of depreciated cash flow. Duijiangnan coal field is a medium sized CBM field with a resources potential of 31.05×10^8 m^3 and resources concentration of 1.56×10^8 m^3/km^2. Single well gains high production, up to 1 803.94 m^3/d, and comprehensive extraction rate is 31.26%-32.54% with a mining life of ten years. CMB content of the major coal bed M78 may decrease to 8.0-13.5 m^3/t, with economic extraction. This development project has good economic indexes with intern return rate of 8.22% after tax, a bit over the basic return rate. Net present value after tax is 914.2 thousand Yuan, with a payback period of 6.98 years, less than the basic payback period. It is proved to be a feasible project.
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    ALERTING AND APPLICATION OF RESOURCES ENVIRONMENTAL CARRYING CAPACITY OF KEY INDUSTRIES IN HAINAN PROVINCE
    LI Linzi, LI Xiaomin, LIN Jiquan, et al
    Resources & Industries    2021, 23 (1): 69-78.   DOI: 10.13776/j.cnki.resourcesindustries.20210104.002
    Abstract90)         PDF(mobile) (4434KB)(9)    Save
    Alerting resources environmental carrying capacity helps directly diagnose the status of resources environmental carrying capacity during industrial development, timely make and adjust approaches to industrial development and realize sustainable development. This paper, based on Hainan's 12 key industries, uses alerting technology to set up alerting methods of resources environmental carrying capacity of key industries. In Hainan province, such alerting of tropical agriculture of environmental carrying capacity mainly happens in Wenchang city and Qionghai city, alerting of water resources in the northwest, altering of industries in oceanic oil-gas concentrating Yangpu economic zone. Severe and moderate alerting is in medicine and oceanic oil-gas industrial layout. Local altering happens in tourism and services industries chiefly due to the demands of population over the infrastructures. This paper presents differentiated development and control measurements for key industries of different alerting in different regions, in order to reach a sustainable development under resources environmental carrying capacity.
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    FORECAST OF NATURAL GAS MARKET YIELD BASED ON DATA ANALYSIS
    XIANG Youtao, CAO Lin
    Resources & Industries    2021, 23 (1): 79-86.   DOI: 10.13776/j.cnki.resourcesindustries.20201211.001
    Abstract106)         PDF(mobile) (1629KB)(6)    Save
    This paper, based on Americas natural gas price from 2000 to 2018, establishes DTW-SVM-SA(dynamic time warping-support vector machine-simulated annealing) combined model to forecast the natural gas price. It also compares the DTM-SVM-SA modeling results with comparison modeling results at different intervals, and evaluates its forecasting accuracy and error. Simulated annealing algorithm can optimize the free parameters of SVM and weight parameters of the combined model. DTM-SVM-SA model shows a good generalized capacity in forecasting natural gas yield, with outstandingly rising accuracy at difference intervals and decreasing error, which is an effective gas price forecasting model. DTW-SVM-SA model can not only provide references for governmental macroscopic controls, but also help enterprises better forecast and manage risks in price changes, especially for energy enterprises.
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    COOPERATIVE MECHANISM OF TRANS-STREAM ECOLOGICAL COMPENSATION EVOLUTION BASED ON REPUTATION EFFECT
    SUN Fuhua, ZHANG Xiaojie, GAO Xin, et al
    Resources & Industries    2021, 23 (1): 87-96.   DOI: 10.13776/j.cnki.resourcesindustries.20210108.001
    Abstract119)         PDF(mobile) (1439KB)(8)    Save
    Trans-stream ecological compensation is a vital means to improve ecological capital values, protect stream ecology and promote regional sustainable development. Governments will bear issues of reputation during making decision and conduction of ecological compensation projects which are of social environmental benefits and public interests. This paper sets the gaming scenarios of water source and water reception, and incorporates loss cost, ecological gain, transfer payment, and reputation as well to establish an ecological compensation evolution gaming model in discussing their gaming evolution process and factors between water source and water reception by means of stream managing administration and governmental reputation function. Matlab is used to analyze the influence of parameter changes on stakeholder's selection. Ten factors impacting the cooperation evolution include rewards and punishment, water source protection cost, water reception transferred compensation payment, pollution treatment benefits, reputation-converted benefits. This paper presents suggestions on intensifying stream administrative functions, raising public and enterprise's awareness of environmental protection, establishing reputation evaluation mechanism and setting up multiple ecological compensation paths.
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    PEAK PREDICTION AND REDUCTION STRATEGY OF CARBON EMISSION IN YANGTZE RIVER ECONOMIC ZONE
    TIAN Ze, ZHANG Hongyang, NIU Wenjie
    Resources & Industries    2021, 23 (1): 97-105.   DOI: 10.13776/j.cnki.resourcesindustries.20210104.004
    Abstract205)         PDF(mobile) (1493KB)(18)    Save
    Yangtze river economic zone is China's green ridge in ecological civilization construction, and its carbon reduction impacts the entire China's development. This paper, with the background of “stepping up conservation of the Yangtze river”, uses generalized dimensional index decomposition to study the driving factors and contribution ratio of carbon emission evolution in 11 provinces (cites) in Yangtze river economic zone from 2005 to 2016, applies expanded STIRPAT model to simulate six scenarios to predict the carbon emission peak and time from 2017 to 2030, and presents strategies of carbon emission reduction. Economic scale is the leading factor contributing to carbon emission increment in Yangtze river economic zone with a falling contribution. Energy consumption intensity and output carbon intensity are two vital factors in reducing carbon emission, while energy intensity does little, suggesting technical advances is a key factor in promoting carbon emission reduction. The premium path to carbon emission reduction is medium-growth-high-emission-reduction among six scenarios, and carbon emission may reach the peak in advance under the high-emission-reduction mode. Carbon emission may not reach the peak in 2030 if carbon emission intensity is gently slowing down with a relatively fast economic growth.
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    A CASE STUDY ON EASTERN CHINA'S DUAL-CORE CITY CLUSTER: COORDINATED DEVELOPMENT OF CENTRAL AND PORT CITIES IN DUAL-CORE CITY CLUSTER
    WANG Zan, DI Qianbin
    Resources & Industries    2021, 23 (2): 1-10.   DOI: 10.13776/j.cnki.resourcesindustries.20201125.003
    Abstract93)         PDF(mobile) (2064KB)(6)    Save

    Dual-core city cluster is a special geographic feature during China's city cluster development. This paper uses synergy theory and growth polarity theory to establish a dual-core city cluster compound system, applies compound system synergy model and 2011-2017 panel data to measure the order of central city sub-system, order of port city sub-system and synergy of compound system of eastern China's four dual-core city clusters, providing references for theory and practice of such city cluster coordinated development. Results show their synergy displays a rising trend, entering an excellent coordinated developing stage, marked by high-low-low high. Orders of central city sub-system and coastal city sub-system are rising at same pace. Central city sub-system has experienced disorder to a rising order synergy, varying in the south and north that northern central city generally prevails the south during 2011 to 2017. Orders of port city sub-system do not show a conspicuous high-low-low-high trend, below the central city sub-system.

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    A CASE STUDY ON HUNAN PROVINCE: RELATION AND DRIVING FACTORS 
    OF INDUSTRIAL POLLUTION AND ECONOMIC GROWTH BASED ON EKC
    HU Lan, HUANG Heping
    Resources & Industries    2021, 23 (2): 11-22.   DOI: 10.13776/j.cnki.resourcesindustries.20201125.005
    Abstract125)         PDF(mobile) (2223KB)(6)    Save

    Environmental pressure arising from economic development and industrial operations may indicate the sustainable development level of industries, and also of importance in promoting industrial sustainable development and environmental pollution prevention and control. This paper uses Environmental Kuznets Curve (EKC) model and LMDI decomposition and GDP per capita as economic indicator of Hunan province during 2000 to 2018, industrial solid waste, water waste, SO2, fog emission as environmental pollution indicators to analyze the relation between industrial pollution and economic growth, and discusses the driving factors from industrial cleaning technology effect, industrial energy efficiency effect, industrial productive structure effect, economic size effect, and population size effect. An upside-down N-shape exists among industrial water waste, SO2 and GDP per capita in Hunan province, an upside-down U-shape among industrial solid wastes, fog and GDP per capita, both curves passing the inflection points, suggesting a continuously improved environmental pressure. Industrial pollution is limited by industrial cleaning technology effect and industrial energy efficiency effect, but driven by industrial structure effect, economic size effect, and population size effect, of which economic size effect is the leading factor. This paper presents suggestions on reducing industrial pollution and promoting economic growth.

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    IMPACTING MECHANISM OF CHINA'S OFDI ON FIVE MEKONG RIVER NATIONS IN THEIR INDUSTRIAL STRUCTURE UPGRADING
    HUANG Dechun, HU Yike, FENG Tongzu, et al
    Resources & Industries    2021, 23 (2): 23-30.   DOI: 10.13776/j.cnki.resourcesindustries.20201125.009
    Abstract103)         PDF(mobile) (1302KB)(6)    Save

    Under the Belt and Road, China's OFDI has shaped their industrial structure upgrading in Mekong river nations. This paper analyzes its impacting mechanism, establishes national industrial structure upgrading model, and uses direct investment stock and economic indicators of China on five Mekong river nations to analyze its impacts of China's OFDI on Mekong river nations in their industrial structure upgrading via medium effect. China's OFDI pushes their industrial structure upgrading generally, with an annual increasing rate 7.31 units during 2008 to 2018, through technical overflow, productive elements supply and three productivity effects, of which productivity effect contributes the most. Under the background of Lancangjiang-Mekong cooperation, it should be addressed that China's OFDI exerts a positive influence on Mekong river nations. A supportive investment policy will better construct the united Lancangjiang-Mekong coalition. 

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    IMPACTS OF PRIVATE CAPITAL ENTRY INTO CHINA'S ENERGY ENTERPRISES ON OPERATING EFFICIENCY
    ZHENG Minggui, LAI Yiming
    Resources & Industries    2021, 23 (2): 31-38.   DOI: 10.13776/j.cnki.resourcesindustries.20201125.008
    Abstract95)         PDF(mobile) (1210KB)(6)    Save

    China has recently issued a policy “new 36 articles” encouraging private capital to enter energy industry. Under the setting of the Belt and Road, this paper selects panel data of China's listed energy enterprises during 2014 to 2018 and uses DEA model to estimate their operating efficiency. Tobi model and panel threshold model are built upon proportion of private capital to analyze the impacts of private capital entry into China's energy enterprises on operating efficiency, and to explore if this impact will change structurally as energy enterprises size changes. It is concluded that their operating efficiency is generally low and there is a prominently positive impact of proportion of private capital. A threshold effect exists in enterprise size, 80,544 million RMB, that a little impact if it is lower than the threshold, greatly positive impact over than that. Their operating efficiency is also outstandingly positively impacted by human capital and total asset turnover, negatively by enterprise size.

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    ENERGY EFFICIENCY MEASUREMENT AND REGIONAL DIFFERENCE OF INDUSTRIAL ENTERPRISES IN HEILONGJIANG PROVINCE
    LIN Xiangyi, NIU Yi, LUO Hongyun, et al
    Resources & Industries    2021, 23 (2): 39-47.   DOI: 10.13776/j.cnki.resourcesindustries.20201125.001
    Abstract92)         PDF(mobile) (1976KB)(4)    Save

    In order to push industrialization, to promote sustainable development, to reach energy-saving and emission reduction and to improve energy efficiency, this paper combines static analysis with dynamic analysis to measure energy efficiency of industrial enterprises in Heilongjiang province. Based on Heilongjiang's 13 cities, this paper uses industrial panel data of 2013 to 2018 and data envelopment to evaluate industrial energy efficiency with environmental factor considered in Heilongjiang province. The result shows a rising industrial efficiency, mainly contributed by technical advances and improved management. Geographically, the energy efficiency is not balanced, highest in the western, followed by the central and low in the eastern. Decomposition of the total element variables may suggest the improved technical efficiency be the major factor. Redundancy is used to measure the saving potential of industrial input elements, and measurement of redundancy from gas and air emission provides references for Heilongjiang to make objectives in emission reduction.

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    IMPACTS OF GLOBAL TECHNICAL OVERFLOW ON CHINA'S GREEN TECHNICAL INNOVATION
    ZHU Zhiming, MA Zhe
    Resources & Industries    2021, 23 (2): 48-60.   DOI: 10.13776/j.cnki.resourcesindustries.20201125.004
    Abstract116)         PDF(mobile) (1151KB)(5)    Save

    Under the current economic situation, green development, resource-saving and environment-friendly society lies in increasing green technical innovation capacity, which relies upon internal self-search, and also upon openness to gain global technical overflow. This paper selects 17 nations as China's technical overflow, taking green patent as green technical innovation indicators, employs China's provincial panel data of 2007 to 2017 to establish a spatial Dubin model which serves to check the impacts of global technical overflow on China's green technical innovation. China's provincially environmental technical innovation is characterized by outstanding spatial clustering, with local closely related to its vicinity geographically. Global technical overflow from imported trading largely promotes the green technical innovation where the imported is. Global technical overflow from bidirectional FDI plays a negative role, but internal research capital stock does positively. Interaction between OFDI and internal research capital stock enhances the green technical innovation. 

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    A CASE STUDY ON 27 CENTRAL CITIES OF YANGTZE RIVER DELTA  CITY CLUSTER: IMPACTS OF COORDINATED CONCENTRATION OF MANUFACTURING AND INDUSTRIAL SERVICING ON GREEN DEVELOPING EFFICIENCY
    HUA Jian, ZHU Wenjing, HUANG Yuanyuan
    Resources & Industries    2021, 23 (2): 61-72.   DOI: 10.13776/j.cnki.resourcesindustries.20201125.006
    Abstract116)         PDF(mobile) (1464KB)(9)    Save

    This paper, in order to study impacts of coordinated concentration of manufacturing and industrial servicing on green developing efficiency, uses 27 central cities of Yangtze river delta city cluster as a case to study the impacting degree of coordinated concentration of manufacturing and industrial servicing on green developing efficiency by means of GMM model, with factors threshold effects considered. Single industrial concentration of manufacturing and industrial servicing promotes green developing efficiency, and coordinated concentration does more. Among the controlling variables, economic development, industrial structure, human capital, infrastructure, environmental regulation, foreign capital use and urbanization impact green developing efficiency in a variable way at different concentrating statuses. Under coordinated concentration, human capital and foreign capital use with threshold effects promote green developing efficiency more if over the threshold effects. This paper presents constructive suggestions for Yangtze river delta city cluster on green developing efficiency.

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    WATER-SAVING EFFECT EVALUATION OF WATER USE QUOTA REMINDER OF COAL POWER GENERATION INDUSTRY
    LI Jiawen, ZHANG Chao
    Resources & Industries    2021, 23 (2): 73-81.   DOI: 10.13776/j.cnki.resourcesindustries.20201223.001
    Abstract110)         PDF(mobile) (2434KB)(21)    Save

    Coal power generation is the second largest water use industry in China; its fast expansion puts pressures on water resources; water use quota management is supposed to be a vital means in saving water for coalpower generation industry. This paper, based on benchmark energy efficiency level of nationwide coal power plants, uses multiple regression model to evaluate water use intensity and factors of unit power generation in coal power plants, and estimates the expected water saving quantity in accordance with the latest edition of Coal Power Water Use Quota. The suggested general water use quota has little push on motive of saving water upgrading for coal power plants. Total saving water may be 122 millions cubic meters in 2020 given all plants comply with the suggested quota, but could be up to 823 millions cubic meters if three northern China regions satisfy the quota where water resources are rare, while other regions reach a premium quota. Viewing from technical perspective, water saving quantity proportions of circular cooling, direct cooling and air cooling are 58.6%, 18.7% and 22.8% under differentiated scenarios. Water saving quantity in eastern and northern China is over 200 millions cubic meters, around one forth nationwide, 108 million cubic meters in northwestern China, and 53 million cubic meters in northeastern China, the least. 

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    A CASE STUDY ON LAOS SHAWN-THAILAND MODAHAN GAMING: WATER USE STRATEGIES AND FACTORS OF LANMEI STREAM NATIONS
    ZHANG Changzheng, ZHAN Pingting
    Resources & Industries    2021, 23 (2): 82-92.   DOI: 10.13776/j.cnki.resourcesindustries.20201125.007
    Abstract130)         PDF(mobile) (6355KB)(9)    Save

    During using water from trans-national Lanmei stream, Lanmei cooperation shall be based on governmentally global cooperation in balancing each nation's interests. This paper, aiming at possible water over use issues without united management system, presents Lanmei cooperation based on a case study on Laos Shawn-Thailand Modahan gaming behavior, and theoretically analyzes the water use factors of gaming players. A gaming model is established between two nations which is used to study the strategic selection and evolutional stability. Simulation via Matlab indicates its effects of governmentally strategic selection. Lanmei cooperation should enhance supervision and punishment, increase feedback rate of random inspection to urge governments to use water appropriately. The established differentiated punishment coefficient is of catalysis on gaming shrinking period. Governments will prefer to select rational water use in the global cooperation on Lanmei stream water resource if at a lower developing cost, raised benefits, loss upon irrational water use, and external overflow effect from the other gaming player. 

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    REFERENCE FROM AUSTRALIA'S WATER RIGHTS PRICING EXPERIENCE BASED ON MURRY-DARLING STREAM WATER RIGHTS TRADING DATA
    LUO Dongmei, CHEN Yanping, ZHU Jin
    Resources & Industries    2021, 23 (2): 93-99.   DOI: 10.13776/j.cnki.resourcesindustries.20201125.002
    Abstract115)         PDF(mobile) (1380KB)(8)    Save

    China's water rights trading system is becoming mature, but its pricing as the key issue has not yet a rational standard. This paper, aiming at providing theoretical basis for reforming China's water rights trading price and at exploring an appropriate price and at researching the possible issues in water rights trading market, selects Murry-Darling stream water rights trading data during July 2008 to July 2019 to establish a transferred bi-district and tri\|lagging Markov model, which is used to study the fluctuated water rights trading price at different districts in Murry-Darling region. There are two statuses in water rights trading price, highly and lowly fluctuated,with almost same duration. Fluctuation of price is of inertance, not only subject to the changes of natural conditions, but also closely related to Australia's policies. Predicted water rights trading price by MS-VAR model offers references for the both trading sides and for government to make decision. This paper presents suggestions on establishing a sound alerting system for water rights trading price to guarantee rational water rights trading price.

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    ENERGY-SAVING BENEFITS AND ENVIRONMENTAL IMPACTS OF ELECTRIC VEHICLES LIFECYCLE 
    SHI Yu, ZHANG Hua, YU Zhihan
    Resources & Industries    2021, 23 (2): 100-109.   DOI: 10.13776/j.cnki.resourcesindustries.20201125.010
    Abstract466)         PDF(mobile) (1889KB)(70)    Save

    To discover if the electric vehicles have the good energy-saving and emission-reducing merits in their lifecycles, this paper applies lifecycle evaluation and GREET model to calculate their energy consumption and pollution emission of PHEV and BEN, and compares the results with the traditional vehicles (GICEV) to evaluate their environmental benefits of EV. PHEV and BEV are lower than the GICEV in total energy consumption during the lifecycles by 18.94% and 24.72%, with outstanding energy saving advantages on driving. The two EVs have lower pollution emissions than GICEV in CO2, NOx, CO and VOC, of which BEV contributes most to CO and VOC emission reduction by 90.34% and 44.39%; however, SOx has an increment by 2.57 times. Generally, PHEV and BEV decrease the environmental loads by 24.25% and 40.72% compared with GICEV. When considering the negative externality, the pure economic costs of EVs are closer to the real costs, favorable for emission reduction. China will benefit from expansion of EV if Chinas energy structure can be optimized. 

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    SPATIAL OVERFLOW EFFECT OF POPULATION, INDUSTRIES  AND ECONOMIC URBANIZATION ON WATER RESOURCE BENEFITS
    WANG Baoqian, SHEN Longquan
    Resources & Industries    2021, 23 (3): 1-11.   DOI: 10.13776/j.cnki.resourcesindustries.20210226.002
    Abstract116)         PDF(mobile) (2660KB)(12)    Save

    This paper uses water footprint theory and provincial panel data 2004 to 2018 to evaluate the water resource benefits of Yangtze river economic zone, and applies spatial quantitative model to study the non\|linear impacts and spatial overflow of population, industries and economic urbanization on water resource benefits, with the results showing a rising economic efficiency and contributing rate of water resource in Yangtze river economic zone along with an increasing water resource pressure. Urbanization and water resource benefits show an outstanding spatial concentration. Industries and economic urbanization have a “U\|shaped” relation to economic efficiency of water resource, but an upside\|down “U\|shaped” relation to water resource pressure. Population urbanization acts in a reverse way. Population and industrial urbanization produce an apparent spatial overflow effect on water resource benefits with a threshold. Industrial and economic urbanization has broken through the threshold effect in Yangtze river economic zone, only leaving threshold in partially west for population urbanization. 

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    FDI QUALITY, ENVIRONMENTAL REGULATION AND INDUSTRIAL 
    STRUCTURE UPGRADING BASED ON 2008-2018 PANEL DATA 
    OF YANGTZE RIVER ECONOMIC ZONE
     
    YANG Kaijun, CAI Jiajin
    Resources & Industries    2021, 23 (3): 12-20.   DOI: 10.13776/j.cnki.resourcesindustries.20210201.002
    Abstract148)         PDF(mobile) (1282KB)(12)    Save
    Introduction of FDI is turning to quality from quantity as Yangtze river economic zone is undergoing a green transformation. This paper, based on 2008 to 2018 panel data of 11 provinces / cities in Yangtze river economic zone, uses dynamic panel model and panel threshold model to study their relation among FDI quality, environmental regulation and industrial structure upgrading. FDI quality and environmental regulation largely promote the industrial structure upgrading, varying among the down-, 
    middle- and up-stream of the Yangtze river economic zone that the down-stream attracts the quality FDI more, the middle-stream applies a more flexible environmental regulation, and the up-stream is loosing talents. FDI quality and environmental regulation have single thresholds, pollution industries will be migrated to the Yangtze river economic zone when environmental regulation is lower than the threshold value, resulting in pollution shelter effect. Increment of FDI will lead to locked low-end industries if FDI quality is less than the threshold value.
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    IMPACT OF ENVIRONMENTAL REGULATIONS ON UPGRADING  INDUSTRIAL STRUCTURE IN YUNNAN PROVINCE
    LI Jiang, LIU Chunxue, JIANG Rui
    Resources & Industries    2021, 23 (3): 21-28.   DOI: 10.13776/j.cnki.resourcesindustries.20210129.002
    Abstract135)         PDF(mobile) (1218KB)(4)    Save
    Environmental regulations play a vital role on upgrading or transforming industrial structure, economic growth and environmental protection. This paper discusses the mechanism of environmental regulations on industrial structure, and uses panel data to establish a counting model to check the impacts of environmental regulations on upgrading industrial structure based on 16 cities in Yunnan province. 
    Yunnan's  environmental regulation intensity has a upside-down “U-shaped” relation with technical innovation, which means technical innovation level can be improved if environmental regulation intensity is less than 6.46, and has a positive “U\|shaped” relation with industrial structure upgrading in which increasing environmental regulation intensity may promote industrial structure upgrading if the environmental regulation intensity continues to increase beyond the inflection point value of 5.20. Consumption structure, investment structure and foreign use level are positive to environmental regulation, but negative to industrial structure upgrading, indicating that environmental regulation can not boost industrial structure upgrading by improving consumption and investment structure. This paper presents suggestions on promoting industrial structure upgrading from increasing environmental regulation intensity, distributing allowance to small and medium-sized companies and enforcement of environmental regulations.
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    RELATION AMONG GOVERNMENTAL SUPPORTS, INTERNAL CONTROL AND INNOVATION PERFORMANCES OF RESOURCE COMPANIES
    ZHANG Ruihua, HAN Lihong
    Resources & Industries    2021, 23 (3): 29-37.   DOI: 10.13776/j.cnki.resourcesindustries.20210406.001
    Abstract108)         PDF(mobile) (1165KB)(11)    Save

    Dependence on natural resources requires resource companies raise their resource use efficiency through innovation at tightening resource and environmental issues. This paper uses Shanghai\| and Shenzhen\|listed resource companies 2013-2017 data to establish a regression model which is employed to study the relation among governmental supports, internal control and innovation performances. Governmental allowance and tax refund are outstandingly positive with innovation performances at 1% level, while internal control is outstandingly positive at 10% level on resource companies with governmental allowance, at 1% level with tax refund. This paper suggests governments continue to support resource companies innovation, especially for those with good internal control. Resource companies shall transform views, fulfil their advantages and improve their internal control to increase their innovation performance in independent development.

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    A CASE STUDY ON YANGZHOU CITY: WATER SOURCE ECOLOGICAL COMPENSATION BASED ON ECOSYSTEM SERVICING VALUES 
    SUN Fuhua, XIONG Jiali, GAO Xin, et al
    Resources & Industries    2021, 23 (3): 38-49.   DOI: 10.13776/j.cnki.resourcesindustries.20210226.001
    Abstract155)         PDF(mobile) (2555KB)(15)    Save

    Ecological compensation is a vital mechanism in balancing regional economy and eco\|environmental protection. How to determine compensation standard and how to distribute compensation fund is a hard point. This paper uses eco\|system servicing value, GIS and remote sensing to analyze the changes in land use types and eco-system servicing values of Yangzhou in 2010, 2015 and 2018, which is applied to determine the upper limit of ecological compensation of water receiving area. ECPS is adopted to distribute the compensation fund. Yangzhou's land use structure has changed a lot during 2010 to 2018, with eco-system servicing value dropping to RMB 46 799 million from 55 359 million, 90.38% from water use eco\|system. Water receiving areas shall pay 2 091 million compensation, but the upper payment limit is 1 359 million, indicating an adjusted value by secondary water servicing at 80.02%, core compensation. Compensation funds are to be distributed to Gaoyou (1 013 million), Baoying (508 million), Hanjiang (281 million), Jiangdu (179 million), Yizheng (93 million) and Guangling (17 million) in an decreasing order. This paper presents suggestions on improving water source ecological compensation mechanism from determining compensation targets, setting up supervision and forming multiple compensation.

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    RESILIENCE MEASUREMENT AND OBSTACLE FACTORS OF TOURISM ECONOMY IN SHANDONG PROVINCE
    PANG Dongyan, ZHAO Lin, YU Wei, et al
    Resources & Industries    2021, 23 (3): 50-59.   DOI: 10.13776/j.cnki.resourcesindustries.20210223.001
    Abstract150)         PDF(mobile) (1797KB)(13)    Save

    This paper uses entropy to measure the resilience of Shandongs tourism economy, discusses its spatial pattern, and applies geographic detector and obstacle model to analyze its factors. The resilience of Shandongs tourism system is generally at a medium level, higher in Jinan, Qingdao, average in Yantai, Weifang, Linyi, Jining, and lower in northwest, southwest and southeast. It shows a “U-shaped” spatial pattern that Qingdao of high resilience and Jinan of relatively high resilience are connecting to southeast and east with medium resilience, the northwest is massively of low resilience. The spatial differentiation is mainly contributed by financial guarantee level (X1), resident consumption capabilities (X4), import & export level (X5). The chief obstacles against resilience are tourism major in university (D1),  tourism economy reconstructing capability (C2), and  tourism economy level (A2).

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    NETWORK FEATURES AND MEASUREMENTS OF RISKS IN GREEN CONFLICTS OF MAJOR ENGINEERING PROJECTS BASED ON BI\|MODE NETWORK AND REFEREE VIEWING ANGLE
    ZHANG Changzheng, WANG Weiqian
    Resources & Industries    2021, 23 (3): 60-69.   DOI: 10.13776/j.cnki.resourcesindustries.20210511.001
    Abstract83)         PDF(mobile) (2085KB)(3)    Save

    Green conflicts are surging among major engineering projects as concept of green development prevails. This paper establishes a bi-mode network of stakeholder\|environmental risk factors from conflicting subjects and behaviors based on their influences, which is used to analyze the network features and key procedures of China's 53 major cases during 2000 to 2018 by means of referee. The results show a conflicting network density at 0.457 1, indicating a strong internal viscosity. Stakeholders like local government, environmental administration, local residents, and media not only display a strongest influence in green conflicting network, but also play a strongest communicating role inward and outward crowd with unblocked communicating channels and strong will in exchanging information. This paper presents suggestions on establishing environmental risk alarming system with resolving key environmental issues and unblocked communicating channels are two first approaches to green conflict. 

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    EVOLUTIONAL GAMING RESEARCH OF STAKEHOLDERS BEHAVIOR IN WATER ENVIRONMENTAL GOVERNANCE PPP PROJECTS
    FU Xiaoling, ZHAI Ziyu
    Resources & Industries    2021, 23 (3): 70-78.   DOI: 10.13776/j.cnki.resourcesindustries.20210201.001
    Abstract88)         PDF(mobile) (1475KB)(6)    Save

    The gaming behaviors between governments and investors in water environmental governance PPP projects will impact the effectiveness. This paper, aiming at their cooperating mechanism, establishes an evolutional gaming model between government and investors in water environmental governance based on a payment matrix on the basis of government (administrating or not) and investors (cooperative or opportunistic), and discusses their evolutional stability strategy, and reveals the impacts of behaviors on ideal stable strategy (administrating and cooperative). Cases are studied by means of Matlab software. 

    Their evolutional gaming tends to reach win\|win when governments and investors decrease their costs, increase their gains and governments strictly reward or punish the investors. This paper presents suggestions on improving supervision system, optimizing rewarding / punishing mechanism and boosting technical innovation favorable for water environmental governance PPP projects, so as to increase their cooperative benefits. 
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    IMPACTS OF COAL MINING ON VEGETATION COVERAGE IN JINCHENG CITY
    ZHAO Yanan, GUO Pengcheng
    Resources & Industries    2021, 23 (3): 79-87.   DOI: 10.13776/j.cnki.resourcesindustries.20210310.001
    Abstract122)         PDF(mobile) (3171KB)(5)    Save

    Coal mining destroys eco\|environment, affecting the sustainable development in the mining area. This paper, aiming at the impacts of coal mining on vegetation coverage, uses Jincheng's Landsat TM remoting sensing data from 1987 to 2011 and coal mines distribution maps, and applies Flaash in ENVI 5.1 to gain the radiation brightness value from determining radiation, atmosphere calibration, and gain the average vegetation index of DVI, NDVI, PVI from jointing, trimming and wave band operatio. The data of DVI, NDVI and PVI are compared to obtain the changing trend of vegetation coverage in mining and non\|mining areas, where SPSS software is used to study their vegetation coverage variance. Value P of DVI and NDVI in mining and non\|mining areas is 0.048, 0.036, both less than 0.05, indicating vegetation coverage in mining area is obviously less than in non\|mining area, and DVI and NDVI in mining area are less than in non\|mining by 199.103 and 0.070. DVI and NDVI in mining area turned sharply in 2009 with an annual rising rate of vegetation coverage 24%, suggesting the policy of coal consolidation and acquisition improve the ecological environment to some extent.

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     A CASE STUDY ON LUOYANG CITY: OPTIMIZATION OF WATER 
    RESOURCE ALLOCATION BASED ON RESIDENT'S EUPHORIA
    SUN Jingsi
    Resources & Industries    2021, 23 (3): 88-94.   DOI: 10.13776/j.cnki.resourcesindustries.20210129.001
    Abstract90)         PDF(mobile) (1091KB)(5)    Save

     Water resource allocation not only meets resident's production, living and ecological needs, but also increases resident's euphoria. This paper, based on published papers regarding water resource allocation from water volume, macroscopic economy and sustainable development, classifies water resource as living, ecological, agricultural and industrial water uses in accordance with fairness and balance in water resource allocation, and establishes an effective function of water resource allocation in maximizing residents euphoria. A water resource allocation model was constructed based on supply, demand and water quality, which is verified on a case study on Luoyang city. It concludes that the current water resource allocation can not maximize the residents water use if the total water resource keeps unchanged, which can be raised to 3.96 from 2.97 if living, agricultural, industrial and ecological water uses are adjusted to 262 million, 591 million, 442 million and 203 million cubic meters, respectively, suggesting the model of effectiveness in optimizing water resource allocation.

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    GOLD MINING OCCUPATIONAL RISK EVALUATION IN RUSSIA BASED ON NEW STANDARD
    Svetlana S. Timofeeva, Irina V. Drozdova, Semen S. Timofeev
    Resources & Industries    2021, 23 (3): 95-101.   DOI: 10.13776/j.cnki.resourcesindustries.20210223.002
    Abstract111)         PDF(mobile) (1485KB)(8)    Save

    Russia today is in the process of modernizing its legislative system especially in occupational safety and health (OSH), labor protection, industrial safety, and emergency response management. The current legislative system mostly focuses on providing health compensation and medical, social assistance to injured workers while the new one focuses on risk prevention, aiming at raising the safe production level, cultivating a worker safety culture, and protecting workers lives through optimizing the risk management system and operation guidelines. The new standards require companies to incorporate occupational risk evaluation into their management system standards.  This paper, based on a case study of the Bodaibinsky open\|pit gold mine in the Irkutsk region, discusses the modern risk assessment methodology, recognizes the evaluation must start with hazard identification, and catalogues risk sources. In the case study, “risk scoring” and (mathematical) “simulation matrix” methods were used to assess occupational risks. The results show that flying rocks, dust and excessive noise at blasting site are unacceptable risks. Enforcement of safe production regulations (i.e., comply with safety standards and technical requirements, provide workers with protective gears) can lower the risks level from high to an acceptable level. This paper describes in detail the high risk occupation and compiles a risk assessment manual. To improve working conditions is to first eliminate the risk factors affecting drillers and blasters and provide these workers with personal protective equipment(PPE).

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    Multidimensional research on the price linkage network of strategic metal minerals
    WEI Hongyu, GAO Xiangyun, JI Tingyu, et al
    Resources & Industries    2021, 23 (3): 102-111.   DOI: 10.13776/j.cnki.resourcesindustries.20210309.001
    Abstract141)         PDF(mobile) (4167KB)(35)    Save

    Strategic metal minerals of specific material functions are irreplaceable in new energy, information technology, national security and military industry. A price linkage effects may exist among different strategic metal minerals, which possibly alter the operating costs and competitiveness of high-tech industries. This paper, based on case study on ten metals, zirconium, chromium, cobalt, lithium, aluminum, nickel, antimony, copper, tungsten and tin, uses a complex network method to establish a multidimensional price linkage network according to the Granger causality test of the relationship between the mineral prices, the measurement of Euclidean distance, correlation coefficient and the linkage of ups and downs. The result shows the network is of good connectivity and agglomeration, suggesting their price changes alter each other promptly. A similarity in agglomeration coefficient exists in the multidimensional price linkage network although their analyzing perspectives are different. Tins price can directly influence the other metals, rapidly. The linked price changes of the other metals in the network are mostly based on chromium. A strong agglomeration exists in sub\|group of tin, copper, antimony and aluminum during the process of price linkage, of which tin and copper are more stable and strongest in agglomeration. 

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    DYNAMIC CHANGES AND SPATIAL OVERFLOW OF WATER RESOURCES GREEN EFFICIENCY: A CASE STUDY ON YANGTZE RIVER ECONOMIC ZONE
    SONG Min, DU Sixuan
    Resources & Industries    2021, 23 (4): 1-10.   DOI: 10.13776/j.cnki.resourcesindustries.20210601.001
    Abstract246)         PDF(mobile) (1468KB)(21)    Save

    This paper utilizes SBM(slack based model) to estimate the green efficiency of water resources in Yangtze river economic zone from 2004 to 2018, which is compared with the traditional economic efficiency and environmental efficiency to study its dynamic changes. Moran's index and spatial Dubin model are employed to analyze its spatial autocorrelation and spatial overflow effect to determine the factors influencing water resources green efficiency, in an attempt to promote green use and optimized allocation of water resources in Yangtze river economic zone. Study shows that the green efficiency of water resources in Yangtze river economic zone is declining windingly, more in upper- and middle-stream. The green efficiency of water resources is also of spatial concentration, obviously constrained by its vicinities in economy, environmental regulations, industrialized level and proportion of the third industry, but spatially overflowed in openness, urbanization, resources and agricultural water use rate. This paper presents suggestions on establishing mutual management of eco-environment, boosting openness, intensifying urbanization, improving infrastructures and increasing capital and technical inputs.

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    LAND TRADING MARKETIZATION AND HIGH:QUALITY ECONOMIC DEVELOPMENT
    XU Shengyan, GUO Xing
    Resources & Industries    2021, 23 (4): 11-20.   DOI: 10.13776/j.cnki.resourcesindustries.20210531.001
    Abstract128)         PDF(mobile) (1037KB)(10)    Save

    'This paper, according to China's industrial companies data from 1997 to 2007, uses OP to estimate total factor productivity of industrial companies, analyzes the impacts of land trading marketization on high-quality economic development from microscopic view, and discusses its heterogeneity and mechanism. Land trading marketization largely promotes the total factor productivity of companies, which is especially true for the companies in central to western China or low marketized provinces, with low financial pressure, or private, medium/small companies, mostly by means of relieving financing constraints, boosting innovation and optimizing resources allocation. This paper, aiming at promoting high-quality economic development, presents suggestions on raising land trading marketization level, fulfilling companies’ land financing, and mitigating local governmental financial pressure.

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    IMPACTS OF INDUSTRIAL CLUSTERING ON WATER ENVIRONMENTAL 
    POLLUTION IN YANGTZE RIVER ECONOMIC ZONE BASED ON SPATIAL 
    METERING AND THRESHOLD EFFECT TEST
    YANG Kaijun, XIONG Minmin
    Resources & Industries    2021, 23 (4): 21-29.   DOI: 10.13776/j.cnki.resourcesindustries.20210603.001
    Abstract136)         PDF(mobile) (1036KB)(7)    Save

    A coordinated interaction between economy and eco-environment has become a vital topic of social economy. In order to reach high\|quality development of Yangtze river economic zone, this paper uses spatial metering and panel threshold model to study the relation of industrial clustering with water pollution in 11 provinces (cities) in Yangtze river economic zone from 2007 to 2018 Such water environmental pollution has significant spatial autocorrelation. Impacts of industrial clustering on water environmental pollution in Yangtze river economic zone show a U-shaped curve, indicating existence of threshold in industrial pollution over water environmental pollution. Scale effect and structural effect of industrial clustering in Yangtze river economic zone have a striking double threshold effect on water environmental pollution with their exterior characteristics varying with industrial clustering levels, so does technical overflow effect, which will show a strong-to-weak trend on water environmental pollution as industrial clustering level grows. 

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    POLICY OPTIMIZATION OF RESOURCES BASED CITIES TRANSFORMATION VIEWING FROM POLICY TOOL
    ZHAO Hongmei, LI Wen
    Resources & Industries    2021, 23 (4): 30-42.   DOI: 10.13776/j.cnki.resourcesindustries.20210601.005
    Abstract127)         PDF(mobile) (3068KB)(6)    Save

    As China's economic structure is being adjusted, resources based cities transformation has become a significant part of China's economic sustainable development, in which transformation policy plays a key role in transformation speed, direction and size. This paper uses policy tool classification, coding and frequency statistics to quantitatively analyze 47 pieces of transformation policies regarding resources\|based cities in China by means of PMC model. All levels of policy tools are of structural imbalance with governmental preference for environmental policy tools. Policy tools use is inconsistent, with policy supervision and evaluation missing. PMC index of 47 pieces of policies are qualified, but some get low scores in a few evaluation variables. Balancing policy tool structures and multiple-dimensional evaluation of policies may promote the transformation of resources based cities.

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    EVALUATION AND OPTIMIZATION PATH OF WATER POLLUTION CONTROL POLICIES
    FOR HIGH\|QUALITY GREEN DEVELOPMENT BASED ON PMC INDEX MODEL
    LIU Yating, ZHANG Qing
    Resources & Industries    2021, 23 (4): 43-52.   DOI: 10.13776/j.cnki.resourcesindustries.20210601.004
    Abstract147)         PDF(mobile) (1266KB)(29)    Save

    This paper uses references and PMC index model to establish an evaluation system based on 10 typical cases of water pollution control policies, which have been evaluated according to PMC index and PMC stereoscopic surface, aiming at offering references for high-quality green development and coordinated human\|water environment. Among the policies, 1 is perfect, 5 are excellent and the rest are acceptable. Their average PMC index is 8.17, suggesting a generally rational water pollution control policy design in China. This paper presents suggestions on optimizing water pollution control policies based on China's actual water ecological management from government-oriented mutual management, laws and supervision, increasing governmental and market capital input and intensifying technical supports, constructing balanced policy system, and encouraging diversified involvement and boosting ecological culture propaganda.

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    FACTORS OF ENTERPRISE WATER INFORMATION DISCLOSURE: 
    BASED ON DATA OF CHINAS LISTED CHEMICAL COMPANIES
    ZHANG Qian, SHEN Jüqin, SUN Fuhua, et al
    Resources & Industries    2021, 23 (4): 53-62.   DOI: 10.13776/j.cnki.resourcesindustries.20210601.003
    Abstract131)         PDF(mobile) (1037KB)(5)    Save

    Water information disclosure is an important factor for water-sensitive companies to send information to capital market and gain returns. Whether or how the companies disclose water information becomes a focus for government and stakeholders. This paper, based on Shanghai\|listed chemical companies data from 2016 to 2018, establishes a multiple regression model to study the impacts of enterprise features, internal management, financial status and external factors on water information disclosure. Results show that enterprise size, listed periods, capital intensity, gross capital returns, public supervision pressure are positively related to water information disclosure level, but board proportion and Tobin Q value are negatively related to it. Equity concentration, asset debt rate, equipment renewal rate and local economic level have no significant impact on it. This paper, aiming at increasing water information disclosure quality, presents suggestions on establishing water information disclosure system, optimizing internal management and financial status and intensifying external supervision.

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