The Impact of Carbon Emission Trading Pilots on Regional Innovation
炭素排出権取引パイロットプログラムが地域イノベーションに与える影響 (AI 翻訳)
Guo Yang
🤖 gxceed AI 要約
日本語
中国の炭素排出権取引パイロットプログラムを自然実験と捉え、2005-2020年の227都市のパネルデータを用いた多重差分分析により、同プログラムが地域イノベーションを有意に促進することを実証。政府介入と市場化度合いが正の調整効果を持つことも示された。メカニズムとして、外部費用の内部化と技術波及効果が作用している。
English
Using China's carbon emissions trading pilots as a quasi-natural experiment and panel data from 227 cities (2005-2020), this study employs a multi-period DID model to show that the pilots significantly promote regional innovation. Government intervention and marketization level positively moderate this effect. Mechanisms include internalizing external costs and technology spillovers.
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
本論文は中国の炭素市場を対象としていますが、日本でも排出量取引制度の導入が検討されており、政策効果の実証エビデンスとして参考になります。特に、政府介入と市場環境の調整効果は日本の制度設計にも示唆を与えます。
In the global GX context
This paper offers robust causal evidence on how carbon pricing drives innovation, relevant to global debates on carbon market design and innovation policy. The findings on government intervention and marketization moderation are instructive for countries developing or expanding emissions trading systems.
👥 読者別の含意
🔬研究者:Provides a rigorous causal identification strategy (DID with panel data) for studying carbon pricing's innovation effects.
🏢実務担当者:Offers insights on how carbon markets can spur innovation, useful for corporate strategy on emission reduction.
🏛政策担当者:Shows that carbon trading pilots effectively promote innovation, with government support and market development enhancing impacts.
📄 Abstract（原文）
To investigate the driving effects of market-based environmental regulation on regional innovation, this study uses China's carbon emissions trading pilot programs as a quasi-natural experiment. Drawing on panel data from 227 prefecture-level and higher cities from 2005 to 2020, we employ a multi-period difference-in-differences (DID) model to empirically examine the impact of these pilot programs on regional innovation and to investigate the moderating roles of government intervention and the degree of marketization. The results indicate that carbon emissions trading pilot programs significantly promote regional innovation. This conclusion holds even after a series of robustness tests, including parallel trends tests, exclusion of pandemic-affected samples, exclusion of special cities, and PSM-DID analysis. Both government intervention and the level of marketization exert significant positive moderating effects, effectively amplifying the promotional role of carbon emissions trading pilot programs on regional innovation. Mechanism analysis reveals that carbon emissions trading pilot programs drive regional innovation by internalizing the external costs of carbon emissions, creating incentives for emission reductions, and generating technology spillover effects, while effective government intervention and a well-developed market environment can further amplify the policy's impact. The findings of this study provide empirical evidence and policy references for deepening the development of the national carbon market and integrating the "dual carbon" goals with the innovation-driven development strategy.
🔗 Provenance — このレコードを発見したソース
- openalex https://doi.org/10.54097/7561jh82first seen 2026-05-15 18:12:55
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