ECOLOGICAL POLICY AND ECONOMIC GROWTH: THE EXPERIENCE OF INDUSTRIAL CITIES OF RUSSIA AND CHINA
N.E. Gurbanova1,2, M.A. Amurskaya3, Hao Wu1,4, K.A. Bushuev3
1Northeast Asian Studies College, Changchun, China
2Northeast Asian Research Center, Jilin University, Changchun, China
3Financial University Under the Government of the Russian Federation, Moscow, Russia
4Northeast Asian Research Center, Jilin University
Keywords: environmental sustainability, economic development, sustainable development, industrial cities, Tolyatti, Changchun
Abstract
This article examines the impact of environmental policy on the economic development of major industrial cities in Russia and China, using Tolyatti and Changchun as case studies. The results show that in Changchun, a reduction in PM2.5 concentration has a statistically significant positive effect on gross municipal product growth, indicating the effectiveness of the implemented environmental measures. In contrast, in Tolyatti, measures have shown a limited impact on economic dynamics due to the ongoing burden from industrial emissions and transport, as well as insufficient consistency in monitoring and program implementation. The practical significance of this study lies in possible application of its results to adjust environmental policy in industrial centers and develop mechanisms for sustainable cross-border interaction.
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