ArticleInternational journal of environmental research and public health2022
Can the Carbon Emissions Trading System Improve the Green Total Factor Productivity of the Pilot Cities?-A Spatial Difference-in-Differences Econometric Analysis in China.
Article in International journal of environmental research and public health, 2022. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 10 papers.
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10 citing papers in PubMed, 45 citations in OpenAlex.
- Spatial spillovers, mediating mechanisms and moderating effects of industrial agglomeration in promoting green total factor productivity.Scientific reports · 2026Article
- The impact of carbon emissions trading on green total factor productivity based on evidence from a quasi-natural experiment.Scientific reports · 2025Article
- Article
- Can Internet Construction Promote Urban Green Development? A Quasi-Natural Experiment from the "Broadband China".International journal of environmental research and public health · 2023Article
- Environmental cooperation system, ESG performance and corporate green innovation: Empirical evidence from China.Frontiers in psychology · 2023Article
- How can new energy development reduce CO2 emissions: Empirical evidence of inverted U-shaped relationship in China.PloS one · 2023Article
- The effect of mandatory environmental regulation on green development efficiency: evidence from China.Environmental science and pollution research international · 2023Article
- The Impact of Foreign Direct Investment on Urban Green Total Factor Productivity and the Mechanism Test.International journal of environmental research and public health · 2022Article
- Role of Enterprise Alliance in Carbon Emission Reduction Mechanism: An Evolutionary Game Analysis.International journal of environmental research and public health · 2022Article
- The Role of Government Innovation Support in the Process of Urban Green Sustainable Development: A Spatial Difference-in-Difference Analysis Based on China's Innovative City Pilot Policy.International journal of environmental research and public health · 2022Article
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2 authors at 1 institution in 1 country.
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No grant is acknowledged in the PubMed record.
Abstract
The carbon emission trading system (CETS) is an important market-oriented policy tool for the Chinese government to solve the problem of high emissions and achieve the growth of green total factor productivity (GTFP). This study makes up for the neglect of the spatial effect of CETS policy in previous studies and adopts the spatial difference-in-differences (DID) Durbin model (SDID-SDM) method of two-way fixed effects to scientifically identify the direct and spatial effects influencing the mechanisms and heterogeneity of CETS on urban GTFP based on the panel data of 281 cities in China from 2004 to 2017. It found that China's CETS significantly improved the GTFP of pilot cities but produced a negative spatial siphon effect that restricted the growth of GTFP in surrounding cities. Benchmark results are robust under the placebo test, the propensity score matching SDID (PSM-SDID) test, and the difference-in difference-in-differences (DDD) test. The mechanism analysis shows that the CETS effect is mainly realized by improving energy efficiency, promoting low-carbon innovation, adjusting the industrial structure, and enhancing financial agglomeration. In addition, we find that policy effects are better in cities with high marketization, strong monitoring reporting and verification (MRV) capabilities, high coal endowment, and high financial endowment. Overall, China's CETS policy achieves the goal of enhancing GTFP but needs to pay attention to the spatial siphon effect. In addition, our estimation strategy can serve as a scientific reference for similar studies in other developing countries.
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