碳排放权交易机制的减排效果——基于低碳技术创新的中介效应  

Carbon Emission Abatement Performance of Carbon Emissions Trading Scheme——Based on the Intermediary Effect of Low-carbon Technology Innovation

作　　者：张婕[1,2] 王凯琪 张云 ZHANG Jie;WANG Kai-qi;ZHANG Yun(School of Business,Hohai University,Nanjing 211100;Collaborative Innovation Center for Coastal Development and Protection,Nanjing 211100;School of Finance,Shanghai Lixin University of Accounting and Finance,Shanghai 201620)

机构地区：[1]河海大学商学院,南京211100 [2]沿海开发与保护协同创新中心,南京211100 [3]上海立信会计金融学院金融学院,上海201620

出　　处：《软科学》2022年第5期102-108,共7页Soft Science

基　　金：教育部人文社会科学研究规划基金项目(18YJA630140、18YJA790111);河海大学中央高校基本科研业务费项目(B210207038)。

摘　　要：基于2010-2016年中国上市公司面板数据,采用倾向得分匹配法、固定效应双重差分模型和中介效应模型检验碳排放权交易政策的减排效果。结果显示:政策未促进全样本试点企业碳减排,但显著促进高耗能企业碳减排;政策动态影响高耗能企业碳排放强度,政策效应先增后减;高质量技术创新能起到有效中介作用;对处于政府高度干预及国有经济发达区域制度环境的高耗能企业,政策减排效应更强。Based on the panel data of Chinese listed firms from 2010 to 2016,this paper tests the carbon abatement effect of China's carbon emissions trading scheme(ETS)by the prope nsity score matching method,the fixed effect difference-indifferences model and mediator model.Results show that,firstly,the ETS fails to reduce carbon emission of the whole pilot samples.However,it promotes carbon mitigation of high-energy-consuming enterprises significantly.ETS dynamically affects the carbon emission intensity of these enterprises,and its policy effect increases at first and then weakens.High-quality tech no logical innovation can play an effective intermediary role.For high-energy-consuming enterprises in institutional environment of high degree of government intervention and developed state-owned economy,the carbon emission abatement effect of ETS is stronger.

关 键 词：碳排放权交易机制 企业碳减排 固定效应双重差分模型 减排效应 

分 类 号：X321[环境科学与工程—环境工程] F273.1[经济管理—企业管理]