Economic Growth and Carbon Trading Prices: An Empirical Analysis Based on the Chinese Market

This study explores the impact of macroeconomic factors, particularly GDP, on carbon trading prices in six major Chinese cities. Using a linear regression model, combined with province and quarterly fixed effects, it was found that the influence of economic scale on carbon trading prices exhibits significant regional differences. In the sample analysis, the economic growth in municipalities is positively correlated with carbon trading prices, whereas in other provinces, it is negatively correlated. The study controlled for province and quarterly fixed effects, ensuring the robustness of the results. This research fills a gap in the study of China's carbon market and provides theoretical support for formulating more effective carbon emission policies.