The impact of environmental regulation on green TFP:A quasi-natural experiment based on China's carbon emissions trading pilot policy

被引：12

作者：

Jing, Zhongbo ^{[1
]}

Liu, Zhidong ^{[1
]}

Wang, Ting ^{[1
]}

Zhang, Xuan ^{[2
]}

机构：

[1] Cent Univ Finance & Econ, Sch Management Sci & Engn, Beijing, Peoples R China

[2] Nanjing Univ Aeronaut & Astronaut, Coll Econ & Management, Nanjing, Peoples R China

来源：

ENERGY | 2024年 / 306卷

基金：

中国国家自然科学基金;

关键词：

Carbon emissions trading pilot policy; GTFP; Green innovation; Technological improvement; Technological efficiency; PRODUCTIVITY; INTENSITY; PERFORMANCE; GENERATION; PROTECTION; SCHEMES; OUTPUTS; SYSTEM; ENERGY;

D O I：

10.1016/j.energy.2024.132357

中图分类号：

O414.1 [热力学];

学科分类号：

摘要：

The carbon emissions trading pilot policy in China serves as a crucial market-oriented regulation tool to achieve green development. This study explores the impact of this policy on Chinese green TFP (GTFP). We utilize the provincial panel data from 2000 to 2017 and employ the GNDDF-Luenberger model to characterize GTFP. The results show that the carbon emissions trading pilot policy significantly improves GTFP. The effects are more pronounced in regions with more foreign direct investment, smaller technological gaps and higher levels of marketization. The carbon emissions trading pilot policy improves GTFP by promoting practical innovation. Furthermore, the promotion of GTFP through the carbon emissions trading pilot policy primarily relies on the enhancement of technological efficiency, rather than technological improvement. Our study provides policy implications for establishing an effective carbon emissions trading market in China.

引用

页数：20

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