Emission reduction target, complexity and industrial performance

被引:50
作者
Dong, Zhaoyingzi [1 ]
Chen, Wenqiang [2 ]
Wang, Shaojian [3 ]
机构
[1] Zhejiang Univ, Sch Publ Affairs, Hangzhou, Zhejiang, Peoples R China
[2] Zhejiang Univ Finance & Econ, Sch Accounting, Hangzhou, Zhejiang, Peoples R China
[3] Sun Yat Sen Univ, Sch Geog & Planning, Guangdong Prov Key Lab Urbanizat & Geosimulat, Guangzhou 510275, Peoples R China
基金
中国国家自然科学基金;
关键词
Climate change; Emission reduction target" policy; Complexity; Industrial diversification; 11th five-year plan; China; GREEN PRODUCTION PERFORMANCE; ENVIRONMENTAL-REGULATION; CO2; EMISSION; CHINA; POLICIES; PRODUCTIVITY; EFFICIENCY; IMPACTS; GROWTH; SPACE;
D O I
10.1016/j.jenvman.2020.110148
中图分类号
X [环境科学、安全科学];
学科分类号
08 ; 0830 ;
摘要
To tackle climate change, Chinese government has applied an array of mitigating measures to reduce CO2 emissions. During the 11th Five-year Plan, Chinese government set the emission reduction target policy to reduce energy consumption per unit of gross domestic product (GDP) by 20%. This paper attempts to estimate the effect of this emission reduction target policy on industrial performance from complexity perspective. The result shows more complex industrial structure is related to less coal consumption. In general, emission reduction target policy has a negative effect on the probability of branching into new industries and lower the productivity and profitability of a given industry. However, this negative effect is weaker for more complex industries. Only for industries with very high complexity, emission reduction target policy can improve the performance of an industry rather than exerting a negative effect. Our finding not only helps to design a more effective policy to achieve industrial development strategy, but also provides a potential way to achieve economic growth while reduce the emission of greenhouse gases at the same time.
引用
收藏
页数:9
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