Open Access Journal Article

Impact of Carbon Emission Trading Market on Regional Urbanization: an Empirical Study Based on a Difference-In-Differences Model

by Haoyuan Cheng a Xiaoqian Liu b,* orcid  and  Zhenlong Xu c
a
Institute of Western China Economic Research, Southwestern University of Finance and Economics, Chengdu, China
b
Research Institute of Economics and Management, Southwestern University of Finance and Economics, Chengdu, China
c
Kogod Business School, American University, Washington, USA
*
Author to whom correspondence should be addressed.
EAL  2022, 3; 1(1), 3; https://doi.org/10.58567/eal01010003
Received: 2 August 2022 / Accepted: 10 September 2022 / Published Online: 15 September 2022

Abstract

China's carbon emission trading market has been formally established, but few studies have been conducted to analyze the impact of this policy on the regional urbanization level. Therefore, this paper evaluates whether the carbon trading pilot policy can enhance the regional urbanization level in China through the difference-in-differences method and analyzes the mediating role of industrial structure upgrading in this process. The results prove that the carbon trading market policy can accelerate the transformation and upgrading of industrial structure in the region so that it promotes the development of regional urbanization. Moreover, the effects of the policy are concentratedly manifested in the eastern region of China.


Copyright: © 2022 by Cheng, Liu and Xu. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

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ACS Style
Cheng, H.; Liu, X.; Xu, Z. Impact of Carbon Emission Trading Market on Regional Urbanization: an Empirical Study Based on a Difference-In-Differences Model. Economic Analysis Letters, 2022, 1, 3. https://doi.org/10.58567/eal01010003
AMA Style
Cheng H, Liu X, Xu Z. Impact of Carbon Emission Trading Market on Regional Urbanization: an Empirical Study Based on a Difference-In-Differences Model. Economic Analysis Letters; 2022, 1(1):3. https://doi.org/10.58567/eal01010003
Chicago/Turabian Style
Cheng, Haoyuan; Liu, Xiaoqian; Xu, Zhenlong 2022. "Impact of Carbon Emission Trading Market on Regional Urbanization: an Empirical Study Based on a Difference-In-Differences Model" Economic Analysis Letters 1, no.1:3. https://doi.org/10.58567/eal01010003
APA style
Cheng, H., Liu, X., & Xu, Z. (2022). Impact of Carbon Emission Trading Market on Regional Urbanization: an Empirical Study Based on a Difference-In-Differences Model. Economic Analysis Letters, 1(1), 3. https://doi.org/10.58567/eal01010003

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