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EndNote 21.1.17328 for mac download1/22/2024 The mechanism shows that EVM increases enterprises’ green innovation and attracts new entrants, further promoting industrial upgrading. Our empirical results show that the EVM significantly strengthens regional environmental supervision and reduces urban air pollution, bringing abatement in the PM2.5 concentration. Using manually collected data, we conduct EVM as a quasi-experiment and construct a time-varying difference-in-difference (DID) model. ![]() We construct a principal–agent model suitable for explaining the interactions between the central and local governments and elaborate the intrinsic mechanism of EVM on strengthening environmental supervision. ![]() This paper investigates the impacts and mechanisms of the vertical management reform of environmental protection department in China on urban air quality. 2School of Business Administration, Zhongnan University of Economics and Law, Wuhan, Hubei, ChinaĮnvironmental supervision is significantly disrupted by local economic development and typically characterized by a lack of independence in China. ![]() 1School of Economics and Trade, Hunan University, Changsha, China.
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