Abstract
The China government focuses on changes in carbon emission efficiency with establishing carbon emission trade exchange (CETE). It is meaningful to study whether the pilot CETEs can facilitate the betterment of carbon emission efficiency. Using the data of 283 cities in China within 2006–2019, this article gauges the carbon emission efficiency with the SBM-DEA model. This paper analyzes the impact of China’s pilot CETEs, which was gradually launched from 2013 to 2014, on carbon emission efficiency through the time-varying difference-in-difference (DID) model. Finally, the mediating effect model is further used to analyze the impact mechanism of the pilot CETEs on carbon emission efficiency from the perspectives of innovation investment and pollution control investment. The results reveal that the carbon emission efficiency of each city from 2006 to 2019 is not very ideal. All cities have some room to facilitate the carbon emission efficiency. The pilot CETEs have increased the carbon emission efficiency and reduced carbon dioxide emission. The policy influences the carbon emission efficiency through innovation investment and pollution control investment, which represent long-run and short-run mechanism respectively.
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The data presented in this study are available on request from the corresponding author.
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This work was supported by National Social Science Fund Project, China (No: 16BJY014).
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All authors contributed to the study conception and design. Material preparation, data collection, and analysis were performed by Jing Chen, Wenlin Gui, and Yunying Huang. The first draft of the manuscript was written by Jing Chen, and all authors commented on previous versions of the manuscript. The manuscript was revised by Wenlin Gui and Yunying Huang. All authors read and approved the final manuscript.
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Chen, J., Gui, W. & Huang, Y. The impact of the establishment of carbon emission trade exchange on carbon emission efficiency. Environ Sci Pollut Res 30, 19845–19859 (2023). https://doi.org/10.1007/s11356-022-23538-z
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DOI: https://doi.org/10.1007/s11356-022-23538-z