Spatial spillover effects of a carbon trading policy on green technology innovation in China

被引：4

作者：

Li, Fan ^{[1
]}

Weng, Zhixiong ^{[2
]}

机构：

[1] Beijing Univ Technol, Sch Econ & Management, Beijing 100124, Peoples R China

[2] Beijing Univ Technol, Inst Circular Econ, Beijing 100124, Peoples R China

来源：

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH | 2023年 / 30卷 / 50期

关键词：

Carbon market; Carbon trading; Spillover effect; Green technology; Difference-in-differences approach; MARKET PERFORMANCE;

D O I：

10.1007/s11356-023-30032-7

中图分类号：

X [环境科学、安全科学];

学科分类号：

08 ; 0830 ;

摘要：

A carbon market is a widely used policy tool worldwide. This study employs a difference-in-differences (DID) model to estimate the impact of a carbon trading policy on green technology innovation and applies a spatial DID (SDID) model to investigate its spatial spillover effects. The findings suggest that China's carbon market effectively promotes green technology innovation, as green invention patent applications for listed enterprises increase by 28.8% when implementing the carbon trading policy. Moreover, implementing a carbon trading policy promotes local green technology innovation and has spatial spillover effects on neighboring cities. Furthermore, heterogeneity test results show that the spatial spillover effects differ by geographical region, economic development levels, ownership type (state-owned and non-state-owned enterprises), and degree of government intervention. Therefore, we suggest enhancing enterprises' technological innovation by providing policy support and prioritizing the development of carbon markets in regions with high economic development levels.

引用

页码：109500 / 109524

页数：25

共 58 条

[31] Using the variance structure of the conditional autoregressive spatial specification to model knowledge spillovers [J].

Parent, Olivier ;

Lesage, James P. .

JOURNAL OF APPLIED ECONOMETRICS, 2008, 23 (02) :235-256

[32] Does China emission trading scheme reduce marginal abatement cost? A perspective of allowance allocation alternatives [J].

Peng, Hua-Rong ;

Cui, Jingbo ;

Zhang, Xiaoling .

SUSTAINABLE PRODUCTION AND CONSUMPTION, 2022, 32 :690-699

[33] Environmental Policy and Innovation: A Decade of Research [J].

Popp, David .

INTERNATIONAL REVIEW OF ENVIRONMENTAL AND RESOURCE ECONOMICS, 2019, 13 (3-4) :265-337

[34] TOWARD A NEW CONCEPTION OF THE ENVIRONMENT-COMPETITIVENESS RELATIONSHIP [J].

PORTER, ME ;

VANDERLINDE, C .

JOURNAL OF ECONOMIC PERSPECTIVES, 1995, 9 (04) :97-118

[35] The impact of a carbon trading pilot policy on the low-carbon international competitiveness of industry in China: An empirical analysis based on a DDD model [J].

Qi, Shao-zhou ;

Zhou, Chao-bo ;

Li, Kai ;

Tang, Si-yan .

JOURNAL OF CLEANER PRODUCTION, 2021, 281

[36] Economic impacts of an international carbon market in achieving the INDC targets [J].

Qi, Tianyu ;

Weng, Yuyan .

ENERGY, 2016, 109 :886-893

[37] Emission trading and carbon market performance in Shenzhen, China [J].

Ren, Cong ;

Lo, Alex Y. .

APPLIED ENERGY, 2017, 193 :414-425

[38]

Rudolph S., 2012, CARBON MARKETS JAPAN, P354

[39] The European union energy transition: Key priorities for the next five years [J].

Tagliapietra, Simone ;

Zachmann, Georg ;

Edenhofer, Ottmar ;

Glachant, Jean-Michel ;

Linares, Pedro ;

Loeschel, Andreas .

ENERGY POLICY, 2019, 132 :950-954

[40] Green innovation: A systematic literature review [J].

Takalo, Salim Karimi ;

Tooranloo, Hossein Sayyadi ;

Parizi, Zahra Shahabaldini .

JOURNAL OF CLEANER PRODUCTION, 2021, 279

← 1 2 3 4 5 6 →