Feng, Tao; Zhao, Jinyu; Zhou, Hao - In: China finance and economic review : CFER 14 (2025) 3, pp. 67-86
The target responsibility system of environmental protection, introduced during the 11th Five-Year Plan period, is a key feature of China's environmental regulation policy framework. Guided by the principle of high-quality development, this system addresses the challenge of incentivizing green...