Green and low carbon transition is a broad and profound economic and social systematic change.Green innovation is a critical way to promote energy saving and emission reduction.Has China continuously promoted a carbon...Green and low carbon transition is a broad and profound economic and social systematic change.Green innovation is a critical way to promote energy saving and emission reduction.Has China continuously promoted a carbon emission trading policy to significantly promote green innovation cooperation?Taking the implementation of the carbon emission trading pilot policy as a“quasi-natural experiment,”this study answers this question by exploring the impact of the policy on green innovation cooperation.Based on data on 274 cities from 2008 to 2020,the multi-time difference-in-differences model is used to evaluate the impact of the policy on green innovation cooperation.The results reveal that the carbon emission trading pilot policy significantly improved inter-and intra-city green innovation cooperation through the upgrading effect of industrial structure and the coverage effect of digital finance compared with the non-pilot cities at the city level.In addition,there are significant differences in the policy effects among cities with different degrees of openness to the outside world and command-and-control environmental regulation.展开更多
基金supported by the National Natural Science Foundation of China under Grant Nos.72174107,22&ZD094,71701191the Soft Science Research Project of China National Intellectual Property Administration under Grant Nos.SS22-B-15University of science and technology of China(USTC)introduces talents for scientific research and starts special fund project under Grant Nos.KY2160000003.
文摘Green and low carbon transition is a broad and profound economic and social systematic change.Green innovation is a critical way to promote energy saving and emission reduction.Has China continuously promoted a carbon emission trading policy to significantly promote green innovation cooperation?Taking the implementation of the carbon emission trading pilot policy as a“quasi-natural experiment,”this study answers this question by exploring the impact of the policy on green innovation cooperation.Based on data on 274 cities from 2008 to 2020,the multi-time difference-in-differences model is used to evaluate the impact of the policy on green innovation cooperation.The results reveal that the carbon emission trading pilot policy significantly improved inter-and intra-city green innovation cooperation through the upgrading effect of industrial structure and the coverage effect of digital finance compared with the non-pilot cities at the city level.In addition,there are significant differences in the policy effects among cities with different degrees of openness to the outside world and command-and-control environmental regulation.