Chun-Ping Chang

Chun-Ping Chang
Shih Chien University · Department of Marketing Management

Doctor of Philosophy

About

219
Publications
28,408
Reads
How we measure 'reads'
A 'read' is counted each time someone views a publication summary (such as the title, abstract, and list of authors), clicks on a figure, or views or downloads the full-text. Learn more
11,434
Citations
Introduction
Research interests in Environmental Economics; Energy Economics and Political Economics.
Skills and Expertise

Publications

Publications (219)
Article
Full-text available
As the influence of climate change on human sustainable development intensifies, the issue of climate change is attracting the attention of more and more scholars, countries, international organizations. However there are few of empirical studies investigating the relationship and interaction mechanisms between climate change and women’s political...
Article
Full-text available
Research background: China has invested heavily in special credit funds to promote green transformation in enterprises. While green loans have financial characteristics, their pricing is not fully market-driven. This unique environmental regulation has a significant impact on the behavior of enterprises in green innovation, and the rapid integratio...
Article
A long‐standing theory is that men value technology, while women focus more on human welfare and living conditions. Using data from 101 countries between 1996 and 2019, this study examines the impact of women's political participation on green innovation. Our results show that a one‐unit increase in women's political participation is positively ass...
Article
Full-text available
Research background: Advances in information and communications technology (ICT) have been a key factor in the transformation of economies and societies around the world. However, the impact of ICT on national ESG (environmental, social, and governance) performance has not been fully explored. Purpose of the article: This study intends to examine t...
Article
As stakeholder concerns about corporate sustainability intensify, greenwashing—where companies deceptively report their environmental performance for short‐term economic gain—poses a significant threat to long‐term sustainability, making it crucial to explore effective ways to curb this practice. Using data from 1,270 Chinese listed companies from...
Article
The prevailing environmental, social and governance (ESG) framework is currently based on micro‐ESG indicators. Research on national ESG is often limited to theory building and policy analysis. Based on previous scholars, this paper constructs a national ESG index framework consisting of 39 indices and updates the national ESG indices for 121 count...
Article
Energy security is an important guarantor of national development, while energy innovation is an endogenous driver of sustainable development. This paper examines the impact of energy security on energy innovation, which has important strategic implications. Using original data from 66 countries for 1996–2019, we construct two-way fixed effects mod...
Article
Research background: The twin pressures of economic downturn and climate change faced by countries around the world have become more pronounced over the past decade. A renewable energy transition is believed to play a central role in mitigating the economic-climate paradox. While the architectural and computational power of artificial intelligence...
Article
Full-text available
Research background: The sustainable development and innovation economics theory and related literature place a lot of emphasis on the relationship between environment, society, and governance (ESG) and green innovation. Purpose of the article: The purpose of this paper is to understand what the factors are that influence green innovation and why t...
Article
Environmental, social, and governance (ESG) performance has increasingly become the most pressing concern for governments, social organizations, companies, and other stakeholders. Understanding macro ESG behavior can assist governments in achieving their sustainable development goals (SDGs). In this paper, we investigate whether the macro ESG index...
Article
Full-text available
It is crucial for the advancement of political economics and innovation economics to examine the relationship between income inequality and green innovation (GI). Using the panel fixed effect model, this study investigates the influence of income inequality on GI across 97 countries from 1991 to 2018 and demonstrates a significant non-linear associ...
Article
Full-text available
How to enhance competitive advantage and turn green commitment into practice is a problem that corporates must face under sustainable development. This research examines the impact of environmental, social, and governance (ESG) performance on corporate green innovation and the role digital transformation plays in it. We use a panel fixed effects mo...
Article
This research empirically investigates the static and dynamic impacts of firms' digital transformation on environmental, social, and governance (ESG) performance by employing data of listed Chinese companies from 2011 to 2020 via estimations of propensity score matching and difference in differences. First, we find that digital transformation does...
Article
Research background: As an outcome of a global consensus on combating climate change, green finance is expected to play an important role in promoting green growth and innovation progress. Some studies note that green credit policy yields a negative influence on green innovation, while how green finance affects renewable energy innovation has recei...
Article
This research examines a panel of 121 economies worldwide over the period 1980–2020 for the impact of political competition on green innovation. We find that an increase in the intensity of political competition has a significantly negative impact on green innovation and that this impact remains significant in the long term, especially for non‐OECD...
Article
Full-text available
Epidemics and their resulting pandemics have become essential factors influencing economic development, financial stability, poverty, and ultimately a country’s innovation level, including green technology innovation. This research thus investigates epidemic events’ correlation to green innovation by operating with skewed panel data involving 134 c...
Article
Central bank independence (CBI) is vital for maintaining stable economic expectations. Our work employs a panel of 161 economies during the period 1970–2019 to investigate the relationship between gender equality and CBI. By estimating a two-way fixed-effect model, we find that gender equality improvement promotes CBI. This baseline conclusion is c...
Article
Using panel data from 37 countries from 1990 to 2019 and applying a quantile regression approach with panel fixed effects, we investigate the impact of national Environmental, Social, and Governance (ESG) performance on green innovation and how this impact varies across different green innovation capacity distributions. The research conclusions are...
Article
This research investigates the effect of extreme weather events on green innovation by using unbalanced panel data covering 117 countries from 1971 to 2018 and documents strong evidence that extreme weather has a significantly negative impact on green innovation. We also find among the four extreme weather events such as droughts, extreme temperatu...
Article
Green innovation is essential for human beings to balance growth and climate change mitigation. The corruption-green innovation nexus has been studied by two existing studies, but the relative weak econometrical work and the lack of exploration in the context of inter-government cooperation on global climate change call for a revisited investigatio...
Article
Full-text available
Much attention has been paid to the complex risk transmission between carbon and energy markets along with the increasing global financial market integration. This research thus uses the DCC-MVGARCH model and spillover index method to investigate volatility linkages between the European carbon emissions and energy markets. The results make it clear...
Article
In order to meet the strategic goals of carbon peak and carbon neutralization on schedule, it is crucial to examine the effects and limitations of green finance on the green transformation of industry. This research utilizes the entropy method, the Global Malmquist–Luenberger technique, and panel data of 30 provinces in China from 2005 to 2018 to e...
Article
Full-text available
Maintaining the stability of the carbon market is of great significance for China to meet its goal of “Double Carbon,” but at the beginning of 2020 the COVID-19 pandemic emerged and the economy was greatly affected. A natural question is whether it impacted domestic carbon markets. This paper thus presents the event research method on eight carbon...
Article
This research mainly examines the influence of democracy on forest protection by employing an estimation of generalized method of moments (GMM) and data on 111 countries during the period 1991–2018. The empirical results suggest that democracies tend to do better at forest protection, which is supported when we conduct several robustness tests. If...
Article
Full-text available
Rapidly increasing cryptocurrency prices have encouraged cryptocurrency miners to participate in cryptocurrency production, increasing network hashrates and electricity consumption. Growth in network hashrates has further crowded out small cryptocurrency investors owing to the heightened costs of mining hardware and electricity. These changes promp...
Article
Full-text available
This research investigates and robustly verifies the impact of expansionary monetary policy actions on green innovation, conducted on a panel covering 133 countries from 1960 to 2018. Overall, we find that such actions have a significantly positive effect on green innovation performance, no matter in the static or dynamic model. A lower degree of c...
Article
Full-text available
This research conducts an empirical study on arbitrage opportunities in the crude oil futures market of Shanghai International Energy Exchange in the period of China’s economic change, 2020–2022. We use the daily closing price data of crude oil futures sc2303 and sc2212 to test whether there is a statistical arbitrage opportunity in China’s crude o...
Article
Full-text available
In this study, we use the spatial econometric model with panel data to investigate the mechanism and effect of economic growth on public health in Western China. The research results show that the spatial agglomeration effects are significant on the public health performance in Western China. Economic growth significantly promotes local public heal...
Article
Full-text available
This research examines the impact of economic policy uncertainty (EPU) on green innovation by using the panel fixed effects model from 2000 to 2017 for the samples of 31 provinces in China. The general conclusion is that there exists a positive link from EPU to green innovation, and that the impact of EPU varies significantly among different provin...
Article
Countries around the world are facing enormous challenges in their economic and social development as COVID‐19 continues to spread, resulting in slower economic recovery in the post‐pandemic era. Considering the impact of economic growth on future sustainable development in this new era, green economic recovery (GER) can achieve a win‐win situation...
Article
Country’s technology progress and innovation development not only depends on internal knowledge stock and human capital, but also external financial resources. This paper explores the effect of financial globalization on technological innovation through empirical investigations by using the system generalized method of moment method and panel data...
Article
The relationship between natural disasters and NPLs is of significant importance in the natural disaster economics field. Thus, this research investigates the effects of natural disasters on non-performing loans (NPLs) using panel data covering 101 countries from 1996 to 2017. We introduce interaction terms between natural disasters and different f...
Article
This research systematically investigates the effects of extreme temperature on green innovation outcomes from a dataset of 273 cities in China spanning 2000 to 2020. The estimation results show that daily temperature has a non-linear influence on green innovative outputs in cities of China. When the temperature fluctuates higher or lower, city-lev...
Article
This paper mainly presents a complete analysis of the impact of such sanctions on the innovation performance of target countries by exploiting the difference‐in‐differences method for panel data of 91 countries in the period 1988–2016. The empirical results confirm a significantly negative impact of overall international sanctions on innovation in...
Article
Full-text available
Water resources are an important part of the ecosystem. The nexus of extreme weather events and water quality is of great significance in the climate change economics theory and related literature. This research thus investigates the impact of extreme weather events on water quality by using unbalanced panel data covering 62 countries from 1991 to...
Article
Full-text available
This research estimates the effect of climate change on bank performance by considering the mediating role of natural disasters via unbalanced panel data from 2005 to 2018 in 127 countries. Moreover, this paper uses forest land, carbon dioxide emissions, and temperature change to measure climate change, takes economic loss and the number of deaths...
Article
This research examines the effect of environmental policy stringency on green innovation in renewable energy technology and whether the green innovation response differs with varying degrees of environmental policy. Based on panel data of 33 countries over the period 1990–2015, we show that a stringent environmental policy does encourage green inno...
Article
This research investigates the bidirectional cointegration relationship between environmental, social, and governance (ESG) performance and corporate green innovation with a panel of 770 Chinese listed firms during the 2011–2020. We find that there exists a long‐run bidirectional comovement between ESG performance and corporate green innovation out...
Article
What are the relationships between corporate environmental, social, and governance (ESG), corporate social responsibility (CSR), and stock returns? Existing research has affirmed the impact of ESG or CSR on stock returns, but the discussion on the cointegration relationship among these three variables is still insufficient. Therefore, we use panel...
Article
This research illustrates the impact of energy insecurity on green innovation based on green patent data from 1970 to 2018 in 40 sample countries. Through the bootstrap-based bias-corrected FE (BCFE) estimator analysis with the advantages of bootstrap-based bias correction in panels with cross-sectional dependence and in high-order dynamics, we fir...
Article
What are the relationships among environmental performance, green finance, and green innovation in developing countries? Existing literatures support the impact of green finance or green innovation on environmental performance, but rare studies query the cointegration among such three variables. We thus utilize the yearly data of 57 developing coun...
Article
The effect of government epidemic prevention policies on controlling COVID-19 is of great importance to health, politics, and development economics. This paper thus investigates the impacts of government responses on confirmed cases related to COVID-19 in Taiwan for the period January 1, 2020 to May 13, 2021 by employing ordinary least squares (OLS...
Article
This research tests the casual link from political ideology to national greenhouse gas emissions by utilizing multinational panel data covering 98 countries during the period 1990–2016. Overall, the baseline results and robustness tests show a political divide on national greenhouse gas emissions, whereby compared to right-wing governments, left-wi...
Article
Using panel data of 102 countries from 1990 to 2018, this research investigates the varying effect of renewable energy policies on renewable energy green innovation along with the distribution of green innovation. The panel quantile model with additive fixed effect is adopted in this paper, and the research conclusions are as follows. (1) Green inn...
Article
This research investigates the distributional effects of economic policy uncertainty (EPU) on energy efficiency by employing the dynamic panel quantile regression method on annual data of 39 cities in China from 2003 to 2019. The estimation results present that EPU has a negative influence on energy efficiency in median and upper efficiency cities,...
Article
This research robustly investigates and verifies the impact of science-technology intermediary (STI) on regional innovation for panel data covering 31 provinces in China from 2000 to 2019. Overall, we find that STI's effects on regional innovation are positive, no matter in the static or dynamic model, reflecting that more innovation-related entiti...
Article
This paper presents cross-country evidence on whether and how legal origins affect technical innovation. Using panel data on 120 countries between 1996 and 2019 and the Least Square Dummy Variable (LSDV) approach, we find that common law countries generally perform better in both technology innovation inputs and outputs than their civil law counter...
Article
Increasing healthcare costs and aging demographics have attracted widespread attention from around the world. This research thus utilizes two measurements of proportion of R&D expenditure on health to GDP and health researchers per million inhabitants for 70 countries spanning 2001–2016 by panel fixed effects model. We incorporate GDP, education, c...
Article
Facing with the enormous economic loss resulting from the unexpected outburst of the COVID-19 pandemic, central banks around the world began to show a great activeness and implement numerous monetary policies to help mitigate the negative shocks and recover the economy. This paper aims at investigating the impact of the COVID-19 pandemic on the mac...
Article
This research empirically tests the Popper hypothesis (2012) by utilizing panel data that cover 132 countries over the time period 1980–2017 and via panel GMM estimation in order to investigate the causal link from democracy to innovation, which is captured by two comprehensive variables, patent application and trademark application. Aside from the...
Article
Using daily data from January 1, 2020 to March 31, 2021, this research explores COVID-19 shocks on the stock market of 15 representative oil exploration and production enterprises from 7 countries. We measure the COVID-19 epidemic from two levels, government response stringency index and number of confirmed cases, and employ stock prices and stock...
Article
This research examines the effect of terrorism on green technological innovation in renewable energy technologies with a panel of 87 economies between 1991 and 2017. We find that economies respond with less green innovation in renewable energy technologies when experiencing severe terrorist attacks, especially in OECD countries. Among them, wind en...
Article
Full-text available
Taking China provincial-level data during 2003–2017 as the basic space-time unit, this research applies the Moran index and spatial econometric model to analyze the spatial pattern change trend and spillover effects of regional innovation output. The results show that, first, provincial innovation outputs mainly concentrate in the coastal economic...
Article
This research empirically analyzes the impact of foreign exchange futures volatility on macroeconomic variables by using data of ten trading markets from 2011 to 2020.¹ Our findings illustrate that the volatility of foreign exchange futures significantly affects various macroeconomic indicators. In particular, as the volatility of foreign exchange...
Article
Full-text available
This study aims to examine the cointegration and causal links between carbon dioxide (CO2) emissions and renewable energy by employing panel data covering 41 countries from 1973 to 2017. Our empirical results suggest that CO2 emissions and renewable energy move together in Organisation for Economic Co-operation and Development (OECD) countries, but...
Article
This research examines the relationships between stock prices of solar enterprises and the COVID-19 pandemic for 18 enterprises from OECD countries and 3 enterprises from non-OECD countries from January 2, 2020 to March 8, 2021. The empirical results show that there exists a cointegration relationship between the pandemic and solar stock prices. Mo...
Article
Using daily data of novel coronavirus pneumonia (COVID-19) covering 118 countries from January 1 to April 13, 2021, this research examines the relationship between the government response stringency index (GRSI) and COVID-19 pandemic. The empirical results show that GRSI significantly negatively impacts confirmed cases, and the effects are especial...
Article
Based on panel data of 31 provincial capital cities in the country from January 21 to November 20, 2020, this research empirically analyzes the impacts of daily newly confirmed cases and daily new deaths from COVID-19 on PM10, PM2.5, SO2, CO, and NO2 emissions form green energy consumption by using the method of System Generalized Moments (SYS-GMM)...
Article
The production of shale gas depends not only on shale resources and capital investment but also on having a flexible and stable policy environment. This paper examines whether and how partisan ideology affects the extraction of shale gas. We use panel fixed effects as well as the system–generalized method of moments approach with quarterly panel da...
Article
Full-text available
Owing to economics are usually linked with energy production, economic policy may have an instantaneous adjustment according to the current monetary, financial, cultural circumstances. This research thus investigates the dynamic co-movement as well as cointegration relationships between economic policy uncertainty (EPU) and disparate energy product...
Article
Full-text available
Our paper firstly investigates political stability as an underlying mechanism for the phenomenon of environmental spillovers across countries. If political stability exerts a significant impact on environmental quality and it is contagious across country borders, political stability of neighboring countries would be an impetus for environmental spi...
Article
This research investigates the time-varying correlation as well as long-run cointegration relationship between the carbon prices of the European market and the China market during the period 2013–2020. We adopt the Lagrange Multiplier (LM) unit root and cointegration test based on the univariate unit root test with one structural break and wavelet...
Article
Full-text available
We examine the short-term and long-term causal effects between epidemics and electricity CO2 emissions by using panel data from 30 countries over the period of 1990 to 2017. The results show that there is bidirectional relationship between epidemics and electricity CO2 emissions, especially in OECD and Asian countries.
Article
We investigate the effect of the governments’ responses to fighting the COVID-19 pandemic on the returns in the stock market index. Panel data of 20 countries are used spanning January 2 to July 21, 2020, for the dynamic panel model. The results indicate that the overall government response, containment and health, and stringency indices have a sig...
Article
The nexus between extreme events and energy price risk is of great importance in energy finance analysis due to the fact that those events generally exert strong impacts on energy financial risk. For a better estimation of the influence of extreme events on energy price risk, this research employs long span daily data from April 1, 1983 to December...