Environmental regulation and carbon emission efficiency: Evidence from pollution levy standards adjustment in China.

ABSTRACT: China's economy experienced great growth, which also induces large carbon emission. Facing the target of "Carbon peak, Carbon neutrality" in China, it is vital to improve the carbon emission efficiency. Employing the spatial Difference-in-Differences model, this paper investigates the impact of environmental regulation on carbon emission efficiency with a quasi-natural experiment of Pollution Levy Standards Adjustment in China. Our empirical results show that the environmental regulation can significantly improve the carbon emission efficiency. moreover, two impact channels are explored: green innovation and industrial upgrading. More specifically, the green innovation increases with environmental regulation, and the increased green innovation improves carbon emission efficiency. The indus

SUBMITTER: He Y 

PROVIDER: S-EPMC10833537 | biostudies-literature | 2024

REPOSITORIES: biostudies-literature