Influence of China's Carbon Emissions Trading Scheme on Green Innovation of Enterprises. (30th May 2022)
- Record Type:
- Journal Article
- Title:
- Influence of China's Carbon Emissions Trading Scheme on Green Innovation of Enterprises. (30th May 2022)
- Main Title:
- Influence of China's Carbon Emissions Trading Scheme on Green Innovation of Enterprises
- Authors:
- Qi, Yawei
Zha, Lei
Peng, Wenxinag
Deng, Zhikang - Other Names:
- Kim Hye-jin Academic Editor.
- Abstract:
- Abstract : China's economic growth has entered "new normal, " and the task of reducing carbon emissions has become more onerous. Hence, this study aimed to explore whether China's carbon emissions trading pilot policy stimulated corporate green innovation capabilities. The data pertained to the green patent data of the listed companies in Shanghai and Shenzhen stock exchanges during 2008–2018. Using a difference-in-difference-in-differences (DDD) method, the study took advantage of the variations across regions, across enterprises, and across years and obtained several novel findings. First, the pilot carbon emissions trading policy significantly stimulated the green innovation capabilities of emission control companies in the pilot areas compared with enterprises in nonpilot areas and the nonemission control list. Second, the effect of the policy on the improvement in corporate green innovation capabilities might be driven by the improvement in corporate input factor allocation efficiency and the additional benefits that could be obtained from the carbon trading market. Third, the positive effect of the policy on the green innovation capabilities of state-owned enterprises was more significant. Therefore, the establishment and promotion of a unified national carbon emissions trading market and supporting mechanisms should be accelerated to achieve the balance of stable economic growth and carbon emission task.
- Is Part Of:
- Journal of environmental and public health. Volume 2022(2022)
- Journal:
- Journal of environmental and public health
- Issue:
- Volume 2022(2022)
- Issue Display:
- Volume 2022, Issue 2022 (2022)
- Year:
- 2022
- Volume:
- 2022
- Issue:
- 2022
- Issue Sort Value:
- 2022-2022-2022-0000
- Page Start:
- Page End:
- Publication Date:
- 2022-05-30
- Subjects:
- Environmental health -- Periodicals
Occupational diseases -- Periodicals
Public health -- Periodicals
613.105 - Journal URLs:
- https://www.hindawi.com/journals/jeph/ ↗
- DOI:
- 10.1155/2022/3109561 ↗
- Languages:
- English
- ISSNs:
- 1687-9805
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library HMNTS - ELD Digital store
- Ingest File:
- 21838.xml