The Influence of China's Carbon Market on Green Total Factor Productivity: Spatial Spillovers and the Moderating Role of Green Technological Innovation

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ID: 310709
2025
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Abstract
This study provides a comprehensive evaluation of China's Carbon Emissions Trading System (CETS) and its impacts on Green Total Factor Productivity (GTFP) using provincial panel data from 2005 to 2020. Employing a quasi-experimental approach combining Difference-in-Differences (DID) and Spatial DID (SDID) methodologies to analyze seven pilot regions (Beijing, Shanghai, Guangdong, Tianjin, Hubei, Chongqing, and Fujian). Key findings indicate: CETS significantly promotes regional GTFP growth; Green Technological Innovation (GTI) acts as a moderating variable that enhances CETS' positive effect; Spatial analysis reveals CETS generates local GTFP growth and positive spillovers to neighboring regions; Robustness checks confirm result reliability. This research provides empirical evidence for optimizing carbon trading policies and achieving green development, highlighting the synergy between technological innovation and market mechanisms.
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imported_1768940519_696fe3e7ead08 Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors Woraphon Yamaka
Journal International Journal of Science and Social Science Research
Year 2025
DOI
10.5281/zenodo.15706818
URL
https://www.ijsssr.com/j/article/view/410
Keywords Keywords not found

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