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Policy Viability and Sustainable Development: The Environmental and Technological Implications of Carbon Trading Policy in China

政策の実現可能性と持続可能な発展:中国における炭素取引政策の環境的および技術的影響 (AI 翻訳)

Bright Obuobi, ChenGuang Liu, Faustina Awuah, Emmanuel Nketiah, Gibbson Adu‐Gyamfi

Sustainable Development📚 査読済 / ジャーナル2026-06-01#炭素価格Origin: CN
DOI: 10.1002/sd.71278
原典: https://doi.org/10.1002/sd.71278

🤖 gxceed AI 要約

日本語

本研究は、中国の炭素取引政策(CTP)の環境面と技術面への影響を差の差法(DiD)モデルで評価した。2005年から2020年の27地域のパネルデータを用いた結果、CTPは対象地域のCO2排出を削減する一方、技術革新を阻害することが示された。地域別分析では南側諸省で排出削減効果が顕著だった。政策調整の必要性を示唆している。

English

This study evaluates the environmental and technological impacts of China's carbon trading policy (CTP) using a difference-in-differences model with provincial panel data from 27 Chinese regions (2005-2020). It finds that the CTP reduces CO2 emissions but hinders technological innovation, with regional heterogeneity. The results suggest policy adjustments are needed to balance short-term compliance with long-term innovation.

Unofficial AI-generated summary based on the public title and abstract. Not an official translation.

📝 gxceed 編集解説 — Why this matters

日本のGX文脈において

中国の炭素取引政策の実証分析は、日本が排出量取引制度を検討する上で参考になる。特に、短期的な排出削減と長期的な技術革新のトレードオフを示しており、制度設計時のバランスが重要であることを示唆する。

In the global GX context

This paper provides empirical evidence on the performance of China's carbon trading policy, highlighting a potential trade-off between emission reductions and innovation. It informs global discussions on carbon market design, especially for developing countries implementing similar policies.

👥 読者別の含意

🔬研究者:Provides empirical evidence on carbon trading's dual effects on emissions and innovation, useful for policy evaluation research.

🏢実務担当者:Highlights the need to design carbon trading mechanisms that incentivize long-term innovation beyond compliance.

🏛政策担当者:Shows that carbon trading can reduce emissions but may stifle innovation without complementary policies.

📄 Abstract(原文)

ABSTRACT A decade after piloting China's carbon trading policy (CTP), studies have endeavored to assess its progress and impact on CO 2 emissions and technological innovation. However, there remain inconsistencies and gaps in the past results due to premature assessments, methodological disparity, and other notable limitations. This study employs a difference‐in‐differences (DiD) model using provincial panel data from 27 Chinese regions (2005–2020) to evaluate both environmental and technological outcomes of the CTP. Robustness checks using Granger causality, parallel trend tests, and fixed effects confirm the findings. The results reveal that the CTP has a negative reduction effect on CO 2 emissions among the treated areas. Moreover, it was found that the CTP has a negative impeding effect on overall technological innovation and enterprise‐level innovation. The regional heterogeneity analysis indicated consistent results, except for the central region. The effects on CO 2 emissions were more prevalent among the southern provinces, and the technological effects were more prevalent among the southern provinces for overall technology innovation and the eastern provinces for enterprise innovation. The outcome of this study provides new evidence of how the CTP can be extended to other regions. It suggests that policy adjustments are required to ensure enterprises do not only focus on short‐term compliance but also long‐term innovation.

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