Does the carbon emission trading pilot policy promote green innovation cooperation?Evidence from a quasi-natural experiment in China  

作　　者：Peng Xiaobao Wu Jian Chen Yuhui Sumran Ali Xie Qijun 

机构地区：[1]School of Public Affairs,University of Science and Technology of China,Jinzhai Road 96,Hefei,Postal Code:230026,Anhui Province,China [2]School of International Relations and Public Affairs,Fudan University,Shanghai,China [3]School of Management,University of Science and Technology of China,Hefei,China [4]School of Public Policy and Management,Tsinghua University,Beijing,China

出　　处：《Financial Innovation》2024年第1期3779-3802,共24页金融创新(英文)

基　　金：supported by the National Natural Science Foundation of China under Grant Nos.72174107,22&ZD094,71701191;the Soft Science Research Project of China National Intellectual Property Administration under Grant Nos.SS22-B-15;University of science and technology of China(USTC)introduces talents for scientific research and starts special fund project under Grant Nos.KY2160000003.

摘　　要：Green and low carbon transition is a broad and profound economic and social systematic change.Green innovation is a critical way to promote energy saving and emission reduction.Has China continuously promoted a carbon emission trading policy to significantly promote green innovation cooperation?Taking the implementation of the carbon emission trading pilot policy as a“quasi-natural experiment,”this study answers this question by exploring the impact of the policy on green innovation cooperation.Based on data on 274 cities from 2008 to 2020,the multi-time difference-in-differences model is used to evaluate the impact of the policy on green innovation cooperation.The results reveal that the carbon emission trading pilot policy significantly improved inter-and intra-city green innovation cooperation through the upgrading effect of industrial structure and the coverage effect of digital finance compared with the non-pilot cities at the city level.In addition,there are significant differences in the policy effects among cities with different degrees of openness to the outside world and command-and-control environmental regulation.

关 键 词：Carbon emission trading Digital finance coverage effect Green innovation cooperation Industrial structure upgrading effect 

分 类 号：F41[经济管理—产业经济]