The Carbon Emissions Reduction Effect of Green Agricultural Subsidy Policy: A Quasi-Natural Experiment

Yuqiang Gao (), Meng Zhang, Kaihua Wang, Fangfang Wen and Fei Liu
Additional contact information
Yuqiang Gao: School of Economics, Qingdao University, Qingdao 266071, China
Meng Zhang: School of Economics, Qingdao University, Qingdao 266071, China
Kaihua Wang: School of Economics, Qingdao University, Qingdao 266071, China
Fangfang Wen: School of Humanities, Tsinghua University, Beijing 100084, China
Fei Liu: Chinese Academy of Fiscal Sciences, Beijing 100142, China

Sustainability, 2024, vol. 16, issue 12, 1-18

Abstract: There is significant interest among policymakers and academics about whether green agricultural subsidy policy (GASP) has achieved its intended effect of reducing agricultural carbon emissions (ACEs) in China. Based on the panel data of 172 prefecture-level cities from 2010 to 2021, this study evaluates the impact and mechanisms of GASP on ACEs’ reduction effect by employing the DID model. The results demonstrate that GASP does significantly reduce carbon emissions. Mechanism tests illustrate that GASP promotes carbon reduction via two mechanisms: enhancing agricultural technology progress efficiency and increasing scale management efficiency. Further heterogeneity analyses reveal that the carbon reduction effects of GASP are particularly prominent in the main grain-producing regions and in cities with higher levels of carbon emissions. The empirical tests and mechanism analyses in this paper can better clarify the function of GASP, enrich and deepen the existing literature, and provide some useful references for carbon reduction.

Keywords: green agricultural subsidy policy; agricultural carbon emissions; agricultural technology progress efficiency; scale management efficiency (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2071-1050/16/12/5210/pdf (application/pdf)
https://www.mdpi.com/2071-1050/16/12/5210/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:16:y:2024:i:12:p:5210-:d:1417894

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().