摘要
碳排放权交易政策作为市场激励型环境规制工具,是实现“双碳”目标的重要手段。基于2009—2021年沪深A股1155家制造业上市企业面板数据,通过构建多时期双重差分模型,探讨“双碳”目标下碳排放权交易对制造业企业低碳转型的影响及作用机制。研究发现:碳排放权交易可显著促进制造业企业低碳转型,数字化转型在其之间发挥中介作用。异质性分析表明:相比民营企业和大型企业,碳排放权交易对国营企业和小型企业低碳转型提升效果更为明显。研究结论对促进制造业企业低碳转型具有重要意义,为进一步完善全国碳市场建设提供了参考意见。
The carbon emission trading policy,as a market incentive based environmental regulation tool,is an important means to achieve the dual carbon goal.Based on panel data of 1155 manufacturing listed companies in the Shanghai and Shenzhen A-shares from 2009 to 2021,this study constructs a multi period double difference model to explore the impact and mechanism of carbon emission trading on lowcarbon transformation of manufacturing enterprises under the“dual carbon”target.Research has found that carbon emission trading can significantly promote low-carbon transformation of manufacturing enterprises,and digital transformation plays a mediating role between them.Heterogeneity analysis shows that compared to private enterprises and large enterprises,carbon emission trading has a more significant effect on improving the low-carbon transformation of state-owned enterprises and small enterprises.The research conclusion is of great significance for promoting low-carbon transformation of manufacturing enterprises,and provides reference opinions for further improving the construction of the national carbon market.
作者
张倩
朱奕翰
Zhang Qian;Zhu Yihan(School of Management,Heilongjiang University of Science and Technology,Harbin 150022,China)
出处
《煤炭经济研究》
2023年第9期29-39,共11页
Coal Economic Research
基金
国家社会科学基金项目(23BGL237)。
关键词
碳排放权交易
低碳转型
数字化转型
多时期双重差分
carbon emission trading
low-carbon transformation
digital transformation
multiperiod differential
