中文摘要：

从“遵循成本说”到“创新补偿说”，环境规制对经济增长的影响引发了大量的研究，但鲜有文献提及不同类型的环境规制对经济增长的影响，而这一问题又是环境政策制定的关键。为此，本文将环境规制分为费用型和投资型两类，并对2004—2010年中国大陆30个省（市、自治区）的面板数据进行实证检验，研究结果表明：费用型环境规制对经济增长无显著影响，而投资型环境规制显著促进经济增长。因此，本文认为环境政策的设计应充分体现对“绿色投资”（投资型）的鼓励，而非以增加企业成本（费用型）的形式存在，从而实现经济的“绿色增长”。

英文摘要：

From ＂compliance cost＂to ＂innovative compensation＂, the topic of how environmental regulation affecting economic growth attracts numbers of scholars＇ interests. However, there are few documents talking about the different influence on economic growth that comes from different type of environmental regulation, which is very critical for environmental policy making. Therefore, this paper defines two kinds of environmental regulation, that is expenditure - style environmental regulation and investment - style environmental regulation, and conducts an empirical test with the data of 30 provinces（ cities, autonomous regions） of China from 2004 to 2010. The results show that ：expenditure - style environmental regulation has no significant influence on economic growth, but investment - style environmental regulation obviously accelerates economic growth. Based on these results, environmental regulation policy should fully encourage ＂green investment＂, rather than adding costs to enterprises （expenditure -style）, thus to realize ＂green growth of economy＂.