The effect of carbon emission trading scheme on energy efficiency: Evidence from China

被引:48
作者
Tan, Xiujie [1 ,2 ]
Liu, Yishuang [3 ,6 ]
Dong, Hanmin [4 ,5 ]
Zhang, Zhan [3 ]
机构
[1] Wuhan Univ, Inst Int Studies, Wuhan, Peoples R China
[2] Wuhan Univ, Climate Change & Energy Econ Study Ctr, Wuhan, Peoples R China
[3] Wuhan Univ, Sch Econ & Management, Wuhan, Peoples R China
[4] Huazhong Univ Sci & Technol, Sch Management, Wuhan, Peoples R China
[5] City Univ Hong Kong, Sch Energy & Environm, Hong Kong, Peoples R China
[6] Wuhan Univ, Sch Econ & Management, Wuhan, Hubei, Peoples R China
基金
中国国家自然科学基金;
关键词
Carbon emission trading scheme; Energy efficiency; Green recovery; Sustainable development; INDUSTRIAL SECTOR; MARKET; INNOVATION; IMPACT; COSTS; CO2;
D O I
10.1016/j.eap.2022.06.012
中图分类号
F [经济];
学科分类号
02 ;
摘要
The COVID-19 pandemic has caused a global economic recession and even changed its development pattern. Improving energy efficiency has become one of the best choices worldwide to achieve green recovery in the post-COVID-19 era. Therefore, this study explores the effect of carbon emission trading scheme (ETS) pilots on energy efficiency by the difference-in-differences (DID) model, using panel data of 30 Chinese provinces from 2009 to 2020. The following results are obtained: (1) Carbon ETS pilots could significantly increase energy efficiency by an overall effect of 1.82%, among which technical efficiency might be improved more obviously than others; (2) The average effect of carbon ETS pilots may differ between provinces because of some economic regional factors, being more significant in regions with a large number of employees and high wages; (3) This positive effect is transferred through industrial structure and R & D investment.(c) 2022 Economic Society of Australia, Queensland. Published by Elsevier B.V. All rights reserved.
引用
收藏
页码:506 / 517
页数:12
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