Liu, Baoliu and Ding, Chante Jian and Hu, Jin and Su, Yuqi and Qin, Chuan (2023) Carbon trading and regional carbon productivity. Journal of Cleaner Production, 420. ISSN 0959-6526, DOI https://doi.org/10.1016/j.jclepro.2023.138395.
Full text not available from this repository.Abstract
This study aims to examine how carbon trading policies impact total factor carbon productivity and subsequently provide recommendations for sustainable regional development. Through analyzing the trends in total factor carbon productivity and its mechanisms, this paper suggests that carbon trading policies can significantly enhance total factor carbon productivity. Additional mechanistic tests reveal that carbon trading can promote technological progress, factor accumulation, scale allocation and energy substitution effects; all contributing towards a low-carbon economic transition. These four effects serve to both promote economic growth and contribute towards carbon reduction targets. Therefore, to encourage low-carbon and high-quality development of the region's economy, policymakers must focus not only on constructing and expanding carbon markets, but also emphasize the synergies between these different effects.
| Item Type: | Article |
|---|---|
| Funders: | Research on the Construction of China [Grant no. 72140001], Northeast Forestry University, Harbin Engineering University, Natural Science Foundation of Heilongjiang Province [Grant no.LH2022G008], Peking University |
| Uncontrolled Keywords: | Carbon trading; Total factor carbon productivity; Energy substitution effects; Low-carbon economic transformation |
| Subjects: | H Social Sciences > HC Economic History and Conditions |
| Divisions: | Faculty of Business and Economics |
| Depositing User: | Ms. Juhaida Abd Rahim |
| Date Deposited: | 11 Oct 2025 12:53 |
| Last Modified: | 11 Oct 2025 12:53 |
| URI: | http://eprints.um.edu.my/id/eprint/48173 |
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