Research On The Effect Of Fiscal Pressure On Carbon Emissions

China put forward the "dual carbon target" of peaking carbon emissions by 2030 and achieving net zero carbon emissions by 2060,demonstrating China’s determination to fulfill its independent emission reduction commitments.Opinions on Financial Support for Achieving Peak Carbon Neutrality proposed that central finance should be used to encourage and constrain regional carbon emission reduction.Therefore,it is of great significance to explore the effect of fiscal pressure on carbon emissions and the mechanism of fiscal pressure on carbon emissions for optimizing the fiscal relationship between central and local governments and promoting the implementation of the "dual carbon target".Based on provincial panel data from 2007 to 2020 from 30 provinces in China,this paper explores the impact of fiscal pressure on carbon emissions,as well as the transmission role of technological innovation and industrial structure upgrading.First of all,through literature review,research on financial pressure,carbon emissions,and relationships between the two are described.Then combined with the main research content of this article,explain the relevant theoretical basis,analyze the mechanism of the function of fiscal pressure on carbon emissions,and propose corresponding research assumptions,and analyze the current status of my country’s fiscal conditions.In the empirical research section,this article builds a panel joint formula model,studys the relationship between fiscal pressure,scientific and technological innovation,industrial structure upgrades and carbon emissions,and conducts stable testing of the research results.Finally,according to the results of this article,the corresponding countermeasures and suggestions are put forward.The research conclusions of this article mainly include the following points:first,fiscal pressure has a direct negative effect on carbon emissions,that is,fiscal pressure increase will cause carbon emissions to decrease;second,fiscal pressure will act through scientific and technological innovation and industrial structures through the use of scientific and technological innovation and industrial structure.Upgrade indirectly affects carbon emissions.Specifically,scientific and technological innovation will aggravate regional carbon emissions,and fiscal pressure will further aggravate carbon emissions by promoting scientific and technological innovation.Industrial structure upgrading can reduce carbon emissions,and fiscal pressure can exacerbate carbon emissions by hindering industrial structure upgrading.Third,in the research of regional heterogeneity,it is found that there are large regional heterogeneity in the east and central and western regions of my country.The second industry in the central region accounts for relatively high fiscal pressure,and fiscal pressure has further strengthened the dependence of the central region to the second industry,and has a direct positive impact on carbon emissions.The financial foundation in the central and western regions is relatively weak,and the increase in fiscal pressure has caused insufficient investment in scientific and technological innovation,which has a adverse effect on scientific and technological innovation.Therefore,it is necessary to continue to deepen the reform of the fiscal and taxation system,promote the matching of local financial rights with the responsibility of expenditure,control fiscal pressure to a reasonable limit,give full play to the support and guidance of financial innovation in green science and technology,promote the optimization and upgrading of the industrial structure,and achieve coordinated economic and environmental development.