Carbon Emissions Trading and Green Technology Innovation—A Quasi-natural Experiment Based on a Carbon Trading Market Pilot

Liu, Weiming; Qiu, Yating; Jia, Lijiang; Zhou, Hang

doi:10.3390/ijerph192416700

Open AccessFeature PaperArticle

Carbon Emissions Trading and Green Technology Innovation—A Quasi-natural Experiment Based on a Carbon Trading Market Pilot

by

Weiming Liu

¹,

Yating Qiu

²,

Lijiang Jia

^3,* and

Hang Zhou

³

¹

School of Shipping Economics and Trade, Guangzhou Maritime University, Guangzhou 510725, China

²

School of Economics, Jiangxi University of Finance and Economics, Nanchang 330013, China

³

College of Economics and Management, Harbin Engineering University, Harbin 150001, China

^*

Author to whom correspondence should be addressed.

Int. J. Environ. Res. Public Health 2022, 19(24), 16700; https://doi.org/10.3390/ijerph192416700

Submission received: 7 November 2022 / Revised: 6 December 2022 / Accepted: 7 December 2022 / Published: 12 December 2022

(This article belongs to the Special Issue Digital Governance and Low-Carbon Development)

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Abstract

Carbon emissions trading policy has received widespread attention from scholars as a core policy tool to reduce carbon emissions. While most scholars have previously focused on the carbon emission reduction effect, this paper investigates the impact of carbon emissions trading policy on green technology innovation using a differences-in-differences method based on provincial panel data from 2005–2019, using a carbon emissions trading pilot as a quasi-natural experiment. The findings show that the policy can significantly promote green technology innovation, but with a lagged effect, and this finding still holds in the robustness test. Further heterogeneity analysis reveals that the stronger the human capital, the stronger the intellectual property protection and the stronger the marketization with better policy effects. In addition, carbon emissions trading policy can indirectly affect green technology innovation by influencing research investment.

Keywords: carbon trading; green technology innovation; differences-in-differences

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MDPI and ACS Style

Liu, W.; Qiu, Y.; Jia, L.; Zhou, H. Carbon Emissions Trading and Green Technology Innovation—A Quasi-natural Experiment Based on a Carbon Trading Market Pilot. Int. J. Environ. Res. Public Health 2022, 19, 16700. https://doi.org/10.3390/ijerph192416700

AMA Style

Liu W, Qiu Y, Jia L, Zhou H. Carbon Emissions Trading and Green Technology Innovation—A Quasi-natural Experiment Based on a Carbon Trading Market Pilot. International Journal of Environmental Research and Public Health. 2022; 19(24):16700. https://doi.org/10.3390/ijerph192416700

Chicago/Turabian Style

Liu, Weiming, Yating Qiu, Lijiang Jia, and Hang Zhou. 2022. "Carbon Emissions Trading and Green Technology Innovation—A Quasi-natural Experiment Based on a Carbon Trading Market Pilot" International Journal of Environmental Research and Public Health 19, no. 24: 16700. https://doi.org/10.3390/ijerph192416700

APA Style

Liu, W., Qiu, Y., Jia, L., & Zhou, H. (2022). Carbon Emissions Trading and Green Technology Innovation—A Quasi-natural Experiment Based on a Carbon Trading Market Pilot. International Journal of Environmental Research and Public Health, 19(24), 16700. https://doi.org/10.3390/ijerph192416700

Note that from the first issue of 2016, this journal uses article numbers instead of page numbers. See further details here.

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Carbon Emissions Trading and Green Technology Innovation—A Quasi-natural Experiment Based on a Carbon Trading Market Pilot

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