Emissions trading scheme and green development in China: Impact of city heterogeneity

Zhai, X; An, Y; Shi, X; Cui, H

Emissions trading scheme and green development in China: Impact of city heterogeneity

Zhai, X An, Y Shi, X

Cui, H

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Publisher:: WILEY
Publication Type:: Journal Article
Citation:: Sustainable Development, 2023, 31, (4), pp. 2583-2597
Issue Date:: 2023-08-01

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Full metadata record

Field	Value	Language
dc.contributor.author	Zhai, X
dc.contributor.author	An, Y
dc.contributor.author	Shi, X https://orcid.org/0000-0001-9653-7395
dc.contributor.author	Cui, H
dc.date.accessioned	2024-03-18T09:11:28Z
dc.date.available	2024-03-18T09:11:28Z
dc.date.issued	2023-08-01
dc.identifier.citation	Sustainable Development, 2023, 31, (4), pp. 2583-2597
dc.identifier.issn	0968-0802
dc.identifier.issn	1099-1719
dc.identifier.uri	http://hdl.handle.net/10453/176870
dc.description.abstract	The emissions trading scheme (ETS) is a key policy tool for reducing carbon emissions and combating climate change but may cause unintended social-economic consequences. Clarifying the role of city heterogeneity can contribute to improving ETS policy and informing green development roadmaps. Using panel data of 274 Chinese prefecture-level cities, the heterogeneous impacts of ETS on city green development efficiency (CGDE) were assessed by the difference in difference in difference (DDD) method. The results show that: the ETS significantly advances China's CGDE, mainly through inducing cities' green innovation. More insightfully, the ETS policy has more significant positive effects on the cities in the eastern region, high economic development, resource abundance, and good environmental governance than otherwise. The study suggests that designing the ETS should incorporate the cities' heterogeneous characteristics to accelerate green development through green innovation and cover more regions and industries.
dc.language	English
dc.publisher	WILEY
dc.relation.ispartof	Sustainable Development
dc.relation.isbasedon	10.1002/sd.2533
dc.rights	info:eu-repo/semantics/embargoedAccess
dc.subject.classification	Environmental Sciences
dc.title	Emissions trading scheme and green development in China: Impact of city heterogeneity
dc.type	Journal Article
utslib.citation.volume	31
pubs.organisational-group	University of Technology Sydney
pubs.organisational-group	University of Technology Sydney/DVC (International)
pubs.organisational-group	University of Technology Sydney/DVC (International)/Australia-China Relations Institute
utslib.copyright.status	embargoed	*
utslib.copyright.embargo	2025-03-21T00:00:00+1000Z
dc.date.updated	2024-03-18T09:11:27Z
pubs.issue	4
pubs.publication-status	Published
pubs.volume	31
utslib.citation.issue	4

Abstract:

The emissions trading scheme (ETS) is a key policy tool for reducing carbon emissions and combating climate change but may cause unintended social-economic consequences. Clarifying the role of city heterogeneity can contribute to improving ETS policy and informing green development roadmaps. Using panel data of 274 Chinese prefecture-level cities, the heterogeneous impacts of ETS on city green development efficiency (CGDE) were assessed by the difference in difference in difference (DDD) method. The results show that: the ETS significantly advances China's CGDE, mainly through inducing cities' green innovation. More insightfully, the ETS policy has more significant positive effects on the cities in the eastern region, high economic development, resource abundance, and good environmental governance than otherwise. The study suggests that designing the ETS should incorporate the cities' heterogeneous characteristics to accelerate green development through green innovation and cover more regions and industries.

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http://hdl.handle.net/10453/176870