用能权交易政策对高耗能制造企业绿色转型的影响研究  

Study on the Impact of Energy-Use Rights Trading Policy on the Green Transformation of Energy-Intensive Manufacturing Enterprises

作　　者：张维洁 ZHANG Weijie(School of Economics and Trade,Henan University of Technology,Zhengzhou,Henan 450001,China)

机构地区：[1]河南工业大学经济贸易学院,河南郑州450001

出　　处：《财经理论与实践》2025年第2期145-152,共8页The Theory and Practice of Finance and Economics

基　　金：河南省哲学社会科学规划项目(2022CJJ137)。

摘　　要：基于环境规制理论,运用双重差分方法,依据2011—2021年A股市场高耗能制造企业数据,考量用能权交易政策对高耗能制造企业绿色转型的影响。结果显示:用能权交易政策通过促进企业数字技术发展显著促进试点地区高耗能制造企业绿色转型。异质性分析表明,用能权交易政策更有助于非国有企业、大企业与数字化水平较高地区的高耗能制造企业绿色转型;空间溢出效应表明,用能权交易政策抑制了邻地高耗能制造企业绿色转型。鉴于此,建议完善用能权交易政策相关机制设计,实施差异化用能权交易政策,鼓励创新研发,加强本地与邻地间的能源和环境治理合作,促进企业绿色技术和数字技术发展。Based on the panel data of A-share energy-intensive manufacturing enterprises from 2011 to 2021,the impact and mechanisms of energy-use rights trading on the green transformation of energy-intensive manufacturing enterprises is investigated.The results indicate that the trading of energy-use rights significantly promotes the green transformation of energy-intensive manufacturing enterprises in the pilot areas.Mechanism tests indicate that the digital technology development plays a significant mediating role.However,since the policy does not promote the green technology development of enterprises,this mechanism is not established.Heterogeneity analysis shows that the policy promotes the green transformation of non-state-owned enterprises,large enterprises,and energy-intensive manufacturing enterprises in areas with a higher level of digitalization in pilot regions.Further analysis reveals that the policy has a significant negative spatial spillover effect.In light of this,it is necessary to improve the construction of the energy rights trading system,strengthen the application and development of technology research and development,and promote inter-regional cooperation in energy and environmental governance.

关 键 词：用能权交易政策 绿色转型 高耗能制造企业 

分 类 号：F205[经济管理—国民经济] F425[环境科学与工程—环境工程] X32