2020
DOI: 10.3390/ijerph17155522
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Does Emission Trading Boost Carbon Productivity? Evidence from China’s Pilot Emission Trading Scheme

Abstract: As the country with the largest carbon emissions globally, the effective operation of China’s carbon emissions trading scheme (ETS) is of great importance to the global community in terms of mitigating climate change. This paper considers China’s pilot ETS launched in 2013 as a quasi-natural experiment. Exploring provincial industrial-level data that are more in line with the ETS coverage, the difference-in-difference-in-difference (DDD) model is used to evaluate the impact of the ETS on carbon productivity. C… Show more

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Cited by 62 publications
(15 citation statements)
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“…For example, investigations found that household size, land ownership, profits, and agricultural products significantly impact IF use [11,85]. Furthermore, using ICTs could bring more nonagricultural employment opportunities to farmers/growers [47,[86][87][88], which may change farmers' behavior concerning IF use. Therefore, we added household size, asset, land, income, IT, and cereal crop as control variables.…”
Section: Sampling and Datamentioning
confidence: 99%
“…For example, investigations found that household size, land ownership, profits, and agricultural products significantly impact IF use [11,85]. Furthermore, using ICTs could bring more nonagricultural employment opportunities to farmers/growers [47,[86][87][88], which may change farmers' behavior concerning IF use. Therefore, we added household size, asset, land, income, IT, and cereal crop as control variables.…”
Section: Sampling and Datamentioning
confidence: 99%
“…• Growth Following Tian and Zhang (2018), we control the impact of enterprises' development stage on green innovation and measure it by the growth rate of sale, defined as Growth. • Financial leverage A higher leverage level may constrain enterprise's ability to invest since it has to pay more interest and has less access to additional debt financing (Gentry & Shen, 2013;Gu et al, 2016;Zhou et al, 2020a). Following Gan and Xu (2019), we measure the financial leverage level by the ratio between liabilities and assets, defined as Lev.…”
Section: Control Variablesmentioning
confidence: 99%
“…In contrast, foreign trade in western China contributed the most to China’s increased carbon productivity but not in eastern and central China 21 . At the industry level, China’s pilot ETS boosted carbon productivity overall while being more effective in the petrochemical and electric power industries and less so in the building materials and transportation industries 24 .…”
Section: Introductionmentioning
confidence: 99%