Study On Carbon Emission Of China’s Manufacturing Industry In The Market Power Perspective

Early in 2006 China replaced the United States as the global carbon dioxide emissions superpower. China is facing with severe international pressure of carbon emission reduction.China’s manufacturing industry’s carbon emissions have accounted for more than 80% of the national total emissions. At the same time, China is vigorously promoting mergers and acquisitions, supporting expanding competitive enterprises,improving industry concentration degree.How to reduce carbon emissions and increase industry concentration are the problems that China’s manufacturing is facing with. So,whether they have a certain relationship?We know that technical progress is the key point of reducing carbon emissions,and large number of literature demonstrate that the industry concentration has important relations with it. In addition, large-scale enterprises have higher level of specializing production,which can improve the energy use efficiency,and reducing carbon emissions.Therefore, promoted by the government policies of "closure of heavy pollution enterprises"and "mergers and acquisitions",at the same time that manufacturing improving the industry concentration, realizing large-scale production,whether can it promote the industry to reduce carbon emissions has important practical significance.This paper selects industry concentration degree and the average size of enterprises to measure the market power of manufacturing industry,by using the panel data of Chinese manufacturing industry from 2003 to 2013,constructing the extended STIRPAT model,this paper analyses the effect of industry concentration degree, the average size of enterprises, output value, energy efficiency, energy structure and openness to the scale and intensity of carbon emissions.The results show that:industry concentration degree and the average size of enterprises has a significant positive effect on carbon emission reduction.In addition, energy efficiency and openness also plays a role in inhibiting carbon emission,but output value and energy structure is an important factor in promoting carbon emissions.