Has China's pilot emission trading system promoted technological progress in industrial subsectors?

doi:10.1088/1748-9326/ac9e0c

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	Has China's pilot emission trading system promoted technological progress in industrial subsectors?
	Zhang, Haoran1 ; Liu, Yu1 ; Choi, Yongrok 2; Yang, Lingyu 1; Li, Xinbei 1
发表期刊	ENVIRONMENTAL RESEARCH LETTERS
关键词	emission trading system green total factor productivity biennial Malmquist-Luenberger productivity index multi-period difference in differences model mechanism test
摘要	Under the 'dual carbon' goal, the key to environmental-friendly economic development is to increase total factor productivity (TFP) in a greener way. However, as a key market-based emission reduction mechanism, the exploration related to whether the emission trading system (ETS) promotes green TFP (GTFP) is not deep enough, especially for secondary decomposition of this technical index and for specific industrial subsectors. In this study, combining biennial Malmquist-Luenberger productivity index with multi-period difference in differences model, we assess the technological progress of China's pilot ETS dynamically. The results show that the pilot ETS promoted GTFP significantly in the industrial subsectors, by 8.5%. The technology change index increased by 17.5%, which is the key action path to increasing GTFP. Furtherly, the mechanism test confirms that the policy works mainly through innovation channel. This study implied that the governance toward carbon-zero economies could be accelerated much more effectively by technological innovation of green.
	2022
卷号	17 期号:11
ISSN	1748-9326
文章类型	Article
DOI	10.1088/1748-9326/ac9e0c
语种	英语
WOS研究方向	Environmental Sciences & Ecology ; Meteorology & Atmospheric Sciences
WOS类目	Environmental Sciences ; Meteorology & Atmospheric Sciences
WOS记录号	WOS:000877855900001
引用统计
文献类型	期刊论文
条目标识符	http://ir.casisd.cn/handle/190111/12050
专题	可持续发展战略研究所
作者单位	1.Chinese Acad Sci, Inst Sci & Dev, Beijing 100190, Peoples R China 2.Univ Chinese Acad Sci, Sch Publ Policy & Management, Beijing 100049, Peoples R China 3.Inha Univ, Dept Intl Trade, Inharo 100, Incheon 402751, South Korea
推荐引用方式 GB/T 7714	Zhang, Haoran,Liu, Yu,Choi, Yongrok,et al. Has China's pilot emission trading system promoted technological progress in industrial subsectors?[J]. ENVIRONMENTAL RESEARCH LETTERS,2022,17(11).
APA	Zhang, Haoran,Liu, Yu,Choi, Yongrok,Yang, Lingyu,&Li, Xinbei.(2022).Has China's pilot emission trading system promoted technological progress in industrial subsectors?.ENVIRONMENTAL RESEARCH LETTERS,17(11).
MLA	Zhang, Haoran,et al."Has China's pilot emission trading system promoted technological progress in industrial subsectors?".ENVIRONMENTAL RESEARCH LETTERS 17.11(2022).