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Carbon Emissions Trading and Green Technology Innovation—A Quasi-natural Experiment Based on a Carbon Trading Market Pilot

Author

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  • Weiming Liu

    (School of Shipping Economics and Trade, Guangzhou Maritime University, Guangzhou 510725, China)

  • Yating Qiu

    (School of Economics, Jiangxi University of Finance and Economics, Nanchang 330013, China)

  • Lijiang Jia

    (College of Economics and Management, Harbin Engineering University, Harbin 150001, China)

  • Hang Zhou

    (College of Economics and Management, Harbin Engineering University, Harbin 150001, China)

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 significantly promote green technology innovation, but with a lagged effect, and this finding still holds in the robustness test. Further heterogeneity analysis reveals that the stronger the human capital, the stronger the intellectual property protection and the stronger the marketization with better policy effects. In addition, carbon emissions trading policy can indirectly affect green technology innovation by influencing research investment.

Suggested Citation

  • Weiming Liu & Yating Qiu & Lijiang Jia & Hang Zhou, 2022. "Carbon Emissions Trading and Green Technology Innovation—A Quasi-natural Experiment Based on a Carbon Trading Market Pilot," IJERPH, MDPI, vol. 19(24), pages 1-13, December.
    • Handle: RePEc:gam:jijerp:v:19:y:2022:i:24:p:16700-:d:1001386
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    References listed on IDEAS

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    Cited by:

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    2. Zetian Cui & Yancheng Ning & Jia Song & Jun Yang, 2024. "Impact of National Innovative City Policy on Enterprise Green Technology Innovation—Mediation Role of Innovation Environment and R&D Investment," Sustainability, MDPI, vol. 16(4), pages 1-16, February.
    3. Pengfei Zhou & Mengyu Han & Yang Shen, 2023. "Impact of Intelligent Manufacturing on Total-Factor Energy Efficiency: Mechanism and Improvement Path," Sustainability, MDPI, vol. 15(5), pages 1-22, February.
    4. Bin Xiong & Qi Sui, 2023. "Does Carbon Emissions Trading Policy Improve Inclusive Green Resilience in Cities? Evidence from China," Sustainability, MDPI, vol. 15(17), pages 1-16, August.

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