Allocation scheme selection for transportation carbon allowance -evidence from China's top ten economic regions

Research on infrastructure scale structure misallocation under economic and low-carbon perspectives: evidence from China's toll expressway industry

“…Regarding the effects of misallocation, various scholars have explored the economic consequences of expressway resource mismatch. For instance, Bai et al (2023) posited that inequitable access to transportation resources influences regional socio-economic development 7 ; Wu and Xu (2018) argued that disparities in transportation resource allocation play a pivotal role in shaping the initial wealth distribution 31 . Furthermore, some researchers focus on the impact of expressway resource misallocation from the perspective of supply-demand misallocation such as Qin and Rong (2017) and Karner et al (2020) argue that the structural mismatch between supply and demand in expressways, coupled with spatial misallocation, leads to resource wastage and ecological degradation 32,33 .…”

“…Furthermore, following the clear articulation of China's carbon peaking and carbon neutrality objectives in 2020, the 20th CPC National Congress report and the 14th Five-Year Plan have elevated these goals to a critical task for subsequent developmental stages 6 . The transportation sector, as one of the three major sources of carbon emissions in China, has an arduous task of reducing emissions 7 . Being a crucial component of the transportation system, the construction, operation, and maintenance of expressways invariably result in substantial carbon emissions 8,9 .…”