碳排放权交易制度促进企业碳减排的机制及效果研究——基于PSM-DID模型  

Research on Mechanism and Eff ectiveness of Carbon Emission Trading System in Promoting Enterprise Carbon Emission Reduction:Based on the PSM-DID Model

作　　者：白杨 尹艺迪 Bai Yang;Yin Yidi(School of Economics and Management,Hubei University of Technology,Wuhan,Hubei 430068;Continental Mallet Tire(China)Co.,Hefei,Anhui 231283)

机构地区：[1]湖北工业大学经济与管理学院,湖北武汉430068 [2]大陆马牌轮胎(中国)有限公司,安徽合肥231283

出　　处：《中国商论》2025年第2期138-142,共5页China Journal of Commerce

基　　金：国家自然科学基金资助项目(72201090)。

摘　　要：碳排放权交易制度是支持经济低碳发展的重要制度保障,其减排效果关系到“30·60”目标能否顺利实现。我国碳排放权交易制度通过配额分配、罚则与激励机制共同促进企业减排。配额分配机制形成企业碳排放的硬约束,罚则机制提高了企业承担高额履约成本的风险,激励机制使企业通过碳排放权交易获得收益。本文利用2003—2020年八个高碳行业上市公司的数据,采用PSM-DID方法构建计量模型,实证检验碳排放权交易制度的减排效果,结果显示,碳排放权交易制度的实施使高碳企业的碳排放量降低15.4%。为助力实现“双碳”目标,政府部门需探索建立全国统一碳排放权交易制度的合理方案;企业需积极参与碳排放权交易,并根据生产节点选择适当的减排方案,仅供参考。The carbon emission trading system is an important institutional guarantee for supporting low-carbon economic development,and its emission reduction effect is crucial for the smooth realization of the“3060”decarbonization goal.China’s carbon emission trading system promotes enterprises to reduce carbon emissions through quota allocation mechanisms,penalty mechanisms,and incentive mechanisms.The quota allocation mechanism imposes a hard constraint on enterprise carbon emissions.While the penalty mechanism increases the risk of enterprises bearing high compliance costs,and the incentive mechanism allows enterprises to profit from carbon emission trading.This paper uses data from eight listed companies in high-carbon industries from 2003 to 2020 and employs the PSM-DID method to construct an econometric model.This study empirically tests the emission reduction effect of the carbon emission trading system.The findings indicate that the implementation of the carbon emission trading system has reduced the carbon emissions of high-carbon enterprises by 15.4%.In terms of policy implications,government departments need to explore reasonable schemes for establishing a nationwide unified carbon emission trading system while Enterprises need to actively participate in carbon emission trading and choose appropriate emission reduction strategies based on production nodes.

关 键 词：碳排放权交易 高碳企业 碳减排 双重差分法 生产节点 新质生产力 

分 类 号：F124.5[经济管理—世界经济] F279.23