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Carbon Emission Trading System, Digital Finance and Individual Health: Evidence from China

炭素排出取引制度、デジタル金融と個人の健康:中国からのエビデンス (AI 翻訳)

Yanqiu Zhu, Qihu Wang, Yue Gong

Sustainability📚 査読済 / ジャーナル2026-05-11#炭素価格Origin: CN
DOI: 10.3390/su18104765
原典: https://doi.org/10.3390/su18104765

🤖 gxceed AI 要約

日本語

本論文は2010~2022年の中国家庭動態調査(CFPS)を用いて、炭素排出取引制度(CETS)が個人の健康に与える影響を差の差法で分析。CETSは健康を有意に改善し、デジタル金融の発展がその効果を増幅することを示した。特に女性、低学歴層、非高齢者で効果が顕著であり、地域的には中西部で強い。政策含意として、地域に応じた実施とデジタル金融インフラの整備を提言。

English

Using CFPS data from 2010-2022, this study employs staggered DID to examine the impact of China's carbon emission trading system (CETS) on individual health. Results show CETS significantly improves health, and digital finance amplifies this effect. Heterogeneity analysis reveals stronger effects for females, less educated, and non-elderly, with spatial concentration in central/western regions. Policy implications include region-specific implementation and digital finance infrastructure development.

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

中国の炭素取引制度の健康便益に注目し、デジタル金融との相互作用を実証した点が新規。日本ではカーボンプライシングの社会的便益評価や、デジタル技術との連携を考える際の参考となる。

In the global GX context

This paper provides empirical evidence that carbon markets can generate positive health spillovers, mediated by digital financial inclusion. It contributes to the global literature on the co-benefits of climate policy and the role of fintech in transmitting policy effects. Particularly relevant for countries considering carbon pricing and digital infrastructure simultaneously.

👥 読者別の含意

🔬研究者:Empirical evidence on health co-benefits of carbon pricing and moderating role of digital finance.

🏢実務担当者:Insights into how carbon markets can improve health outcomes, useful for sustainability reporting and stakeholder engagement.

🏛政策担当者:Evidence supporting integration of carbon pricing with digital finance strategies for maximized social welfare.

📄 Abstract(原文)

In the context of increasing concern about carbon neutrality, public health, and global sustainability, based on the micro-individual data of the China Family Panel Studies (CFPS) from 2010 to 2022, this paper adopts the staggered difference-in-differences (DID) model to analyze the impact of the carbon emission trading system (CETS) on individual health and the moderating role of digital finance. The results show that the CETS significantly improves individual health. Robustness tests, including propensity score matching, placebo analyses, addressing heterogeneous treatment effects, alternative specifications and samples, and excluding contemporaneous policies, confirm the validity of the results. Mechanism analysis shows that the development of digital finance, including the breadth of coverage, depth of use and degree of digitalization, can amplify the health promotion effect of the system, highlighting the key role of digital financial inclusion in the transmission of environmental policy dividends. Further analysis reveals that the moderating effect of digital finance exhibits significant heterogeneity: its enabling role in health dividends is more pronounced among females, individuals with lower education levels, and non-elderly populations. Spatially, this synergistic effect is more evident in the central and western regions, highlighting how digital inclusion helps overcome traditional socioeconomic and geographical barriers. The study concludes with policy implications emphasizing regionally tailored implementation, strengthening digital finance infrastructure, and maintaining long-term commitment to maximize the health, social welfare, and long-term sustainability benefits of carbon market policies.

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