The Impact of China Carbon Emission Trading System on Land Use Transition: A Macroscopic Economic Perspective
Yingkai Tang,
Yunfan Yang and
He Xu
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Yingkai Tang: Department of Accounting and Corporate Finance, Business School, Sichuan University, Chengdu 610064, China
Yunfan Yang: Department of Accounting and Corporate Finance, Business School, Sichuan University, Chengdu 610064, China
He Xu: Department of Investment, Management Science and Engineering School, Central University of Finance and Economics, Beijing 102206, China
Land, 2021, vol. 11, issue 1, 1-15
Abstract:
The carbon emission trading system (CETS) is a milestone policy in the history of China’s emission trading system, which is of great significance to China’s realization of “carbon peak and carbon neutralization”. As an important component of sustainable development, LUT should be related to the CETS. However, in the literature on the CETS, little material deals with its impact on land use transition (LUT). This paper will enrich this literature. Based on 30 provincial regions in China from 2011 to 2017, using the DID and entropy methods, this study investigated the impact of CETS on the trend of LUT from three perspectives: economic effects, environmental effects and Porter effects. The conclusions are that (1) the implementation of the CETS hindered economic development, but optimized energy-use efficiency; (2) the implementation of the CETS reduced the emissions of CO 2 and SO 2 ; (3) the implementation of the CETS did not produce a Porter effect; and (4) the influence of the CETS had the characteristics of a spatial cluster. These findings offer some guidance for improving CETS policies and formulating similar environmental regulation policies.
Keywords: carbon emission trading system; land use transition; sustainable development; difference-in-difference (search for similar items in EconPapers)
JEL-codes: Q15 Q2 Q24 Q28 Q5 R14 R52 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jlands:v:11:y:2021:i:1:p:41-:d:712758
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