| High-speed economic growth is accompanied by increasingly serious environmental problems.Industrial pollution caused by extensive development has become an important obstacle to my country’s economic development.Therefore,how to achieve the coordinated development of economic growth and resources and environment is a major problem facing China at present.In order to promote the construction of ecological civilization,environmental policies have been issued one after another.Compared with command-and-control environmental regulations,which are prone to "one-size-fits-all" and "formalization",the market-based environmental regulation of pollutant emission trading gives enterprises more flexibility in pollution control and production enthusiasm.Therefore,to study the impact of emission trading on the quality of industrial development is of great practical significance for improving the quality of industrial development and realizing the double dividend of environment and economy.This paper is divided into four parts:The first part explains the research background and significance of this paper,expounds the research status of domestic and foreign scholars on environmental regulation and the impact of environmental regulation on industrial development,laying a foundation for the research of this paper;The second part theoretically discusses the policy effect of emission trading on industrial economy and the mechanism of technological innovation in it to build a theoretical framework for subsequent research.In the third part,panel data of 30 provinces in China from 2004 to 2019 were selected as research samples to empirically test the impact of emission trading on industrial development quality based on DID and PSM-DID respectively,and to discuss whether the impact of emission trading on industry depends on the heterogeneity characteristics of environmental regulation intensity and east,central and west regions.The fourth part constructs the intermediary effect model to test the driving role of technological innovation in the policy effect of emission trading.The main conclusions of this paper are as follows:first,on the whole,the impact of emission trading system on the "quality" and "quantity" of industrial economy is positive,and both passed the significance test in the statistical sense,indicating that emission trading system improves the quality of industrial development;Second,from the perspective of heterogeneity,the policy effect of regional emission trading system with higher environmental regulation intensity is not very large;The policy effect of emission trading system in eastern,central and western regions is gradually enhanced.The policy effect of emission trading system in regions with relatively low energy utilization efficiency is better;The provinces that did not participate in the "4+3+1"project in 2002 had better policy effects than those that participated in the project.Third,from the intermediary effect test results,the "polluter pays" mechanism of emission right trading urges industrial polluters to drive their technological innovation and improve the quality of industrial development in pursuit of maximum profits.The main innovation points of this paper are as follows:First,from the two dimensions of"quality" and "quantity",the paper discusses the impact of emission trading on industry,and carries out heterogeneity analysis from multiple perspectives,which is the refinement and supplement of existing research;Second,this paper adopts PSM-DID(propensity score matching method)to test the policy effect of emission trading,which solves the endogeneity problem caused by non-random selection of samples and makes up for the lack of research in this area. |
PDF Full Text Request