ABSTRACT
Emission trading system is a significant market-based environmental regulation tool worldwide. This study fills existing knowledge gap on whether ETSs have "weak" and "strong" version of Porter hypothesis effects in China, by examining the effects of the Chinese SO2 emission trading on corporate innovation and productivity. Using the micro-data of domestic-listed manufacturing companies from 2004 to 2015, this study regarded China's SO2 emission trading system as a quasi-natural experiment by applying a difference-in-difference framework to eliminate endogenous problems. It was found that the SO2 emission trading system significantly promoted corporate innovation but did not have a significant effect on corporate productivity. The cause analysis showed that suboptimal institutional context and lack of corporate dynamic response led to the failure of strong Porter hypothesis effect. In addition, small- and medium-sized enterprises and non-state-owned enterprises gained greater innovation compensation effects of the emission trading system. This research believed that, the design, institutional context, and market incentives of emission trading systems need to be improved from the top down, to achieve the dual goal of environmental sustainability and economic growth.
Subject(s)
Economic Development , Efficiency , China , CommerceABSTRACT
Mycobacterium lepromatosis is a newly discovered cause of leprosy. Here, we present a near-complete genome of M. lepromatosis from strain FJ924 obtained from a patient who died of leprosy. The genome contained 3,215,823 nucleotides and matched ~87% with the Mycobacterium leprae genome. This genome is likely the smallest of all mycobacterial genomes known to date.
ABSTRACT
OBJECTIVE: To observe the regulatory effect of transcutaneous electro-acupuncture (TCEA) for preventing intratracheal extubation stress response (IESR) in general anesthesia. METHODS: Sixty patients with breast cancer scheduled to receive mastectomy were numbered according to their sequence of hospitalization, patients of odd number were assigned to the control group and those of even number to the treated group, 30 in each group. They were anesthetized by the same anesthesia approach, but TCEA was applied on patients in the treated group in the narcotic process by stimulating at Hegu (LI4) and Neiguan (PC6) of the diseased side for 20 min before induction; then on bilateral points of Hegu, Neiguan, Chize (LU5) and Lieque (LU7) all through the whole course of operation, but at time of 30 min before ending operation, stimulus at Chize and Lieque points stopped and turned to bilateral Shuitu (ST10) and Qishe (ST11) points. No management other than conventional anesthesia was applied on patients in the control group. Changes of blood pressure (MAP), heart rate (HR), plasma catecholamine and cortisol as well as the respiratory tract response occurred after extubation were observed and compared. RESULTS: HR, MAP, plasma levels of catecholamine and cortisol increased after extubation in both groups (P < 0.05), but the changes were more obvious in the control group than in the treated group (P < 0.05). Besides, the adverse reaction of respiratory tract occurred in the treated group was milder (P < 0.05). CONCLUSIONS: TCEA can alleviate the IESR to attenuate the adverse reaction of respiratory tract. It is definitely valuable in clinical practice.