基地研究员许泳昊副教授合作论文“Shaken to action: Natural disaster experience and enterprises’ sustainable decision-making”在Energy Economics公开发表。Energy Economics是能源经济学与能源金融领域的国际权威期刊，聚焦能源市场、气候政策、税收预测、货币政策等主题。

摘要：This paper explores how early-life exposure to natural disasters, specifically earthquakes, induces environmental-friendly actions in China's manufacturing sector. We establish that early-life earthquake experiences lead to a reduction in enterprises' pollutant emissions, an effect that persists for up to a decade and gradually diminishing over time. Delving into the experimental economics and psychology literature, we identify key drivers of environmentally responsible behavior in firms, including long-term time preferences, prosocial behaviors, and risk-taking attitudes. The pollutant reduction effect is more prevalent in firms with stronger performance, those that are nonstate-owned, operate in heavy-polluting industries, and have endured severe earthquakes. Our research expands the understanding of climate risk, post-traumatic growth, and factors influencing corporate pollutant emissions, offering valuable insights into how individuals' preferences can be nurtured to support environmental protection efforts.

关键词：Natural disaster; Pollution emission; Time preference; Prosocial behavior; Risk-takin

链接：https://doi.org/10.1016/j.eneco.2024.107728

作者简介

许泳昊，北京大学金融学博士，2021年加入中南财经政法大学金融学院。研究领域包括行为金融、资产定价与家庭金融。研究成果发表在《管理世界》、International Review of Economics and Finance和Economics Letters等国内外期刊中，2022年获批国家自然科学基金青年项目。