2022
DOI: 10.3390/ijerph192416700
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Carbon Emissions Trading and Green Technology Innovation—A Quasi-natural Experiment Based on a Carbon Trading Market Pilot

Abstract: Carbon emissions trading policy has received widespread attention from scholars as a core policy tool to reduce carbon emissions. While most scholars have previously focused on the carbon emission reduction effect, this paper investigates the impact of carbon emissions trading policy on green technology innovation using a differences-in-differences method based on provincial panel data from 2005–2019, using a carbon emissions trading pilot as a quasi-natural experiment. The findings show that the policy can si… Show more

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Cited by 15 publications
(9 citation statements)
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“…While earlier studies focused more on the EU carbon trading system, the literature on the Chinese carbon market has increased signi cantly since 2012. A series of researches have been carried out to examine the effects of carbon markets on carbon emissions (Zhong et al, 2019), carbon e ciency (He et al, 2022), green technology innovation (Liu et al, 2022c), energy e ciency (Hong et al, 2022), and corporate nance using seven pilot projects in Beijing and Shenzhen, China (Meng et al, 2021) and other related aspects of impact effects. In terms of the impact on carbon emissions, most studies con rm that carbon markets do have a signi cant effect in curbing carbon emissions.…”
Section: Evaluation Of Cetppmentioning
confidence: 99%
“…While earlier studies focused more on the EU carbon trading system, the literature on the Chinese carbon market has increased signi cantly since 2012. A series of researches have been carried out to examine the effects of carbon markets on carbon emissions (Zhong et al, 2019), carbon e ciency (He et al, 2022), green technology innovation (Liu et al, 2022c), energy e ciency (Hong et al, 2022), and corporate nance using seven pilot projects in Beijing and Shenzhen, China (Meng et al, 2021) and other related aspects of impact effects. In terms of the impact on carbon emissions, most studies con rm that carbon markets do have a signi cant effect in curbing carbon emissions.…”
Section: Evaluation Of Cetppmentioning
confidence: 99%
“…Control variables: Following Liang et al [14], Zeng et al [40], and Liu et al [41], various firm characteristics that may influence green innovation in companies were selected as control variables. These included the following: (1) Firm size (Size): large companies may have advantages in allocating adequate resources to improve their innovation and sustainable development.…”
Section: Variablesmentioning
confidence: 99%
“…The profound logic of carbon emission trading policy is the commercialization, asset, and data of carbon emission rights. By limiting control of enterprise greenhouse gas emissions and emission quotas, with the help of market mechanisms to transform environment negative external cost into enterprise internal production costs, this reverses transmission control to complete the performance conditions, promotes the carbon market to reach the Pareto optimal situation, and finally realizes the quality and efficiency of energy utilization, energy conservation and emission reduction of the whole economy and society [60,61]. An appropriate and reasonably designed environmental regulation policy will promote the constrained individuals to stimulate the consciousness of technological innovation under limited conditions, dynamically integrate the factor input combination, and improve the green total factor productivity [62].…”
Section: The Moderating Effect Of the Carbon Emission Trading Policymentioning
confidence: 99%