This study examines the impact of carbon trading pilot programs on economic development and stability in China. Using panel data from 31 Chinese provinces (2005-2021), a difference-in-differences (DID) model was employed. Results show that carbon trading pilot programs have an immediate effect on economic stability and a positive impact on high-quality economic development. However, regional heterogeneity exists in these effects. The relationship between carbon trading and overall economic development remains inconclusive, requiring further research.
Publisher
Humanities and Social Sciences Communications
Published On
Aug 29, 2024
Authors
Shaolong Zeng, Qinyi Fu, Fazli Haleem, Yang Shen, Weibin Peng, Man Ji, Yilong Gong, Yilong Xu
Tags
carbon trading
economic development
economic stability
China
regional heterogeneity
panel data
difference-in-differences
Related Publications
Explore these studies to deepen your understanding of the subject.
