Research on the Impact of Carbon Trading Policy on synergy innovation of IUR in the Context of New Quality Productivity

Carbon trading policy is an important driving force to promote innovation and development, and it is the key to cultivate new quality productivity for greening transformation. This paper selects the panel data of 30 provinces and cities from 2009 to 2019, and empirically examines the impact effect of carbon trading policy on synergy innovation of IUR by using a multi-temporal double-difference method. The study shows that the carbon trading policy promotes synergy innovation of IUR in the pilot regions, and the conclusion still holds after the placebo test; further research shows that the degree of technology market development level plays a mediating effect in the impact of carbon trading policy on synergy innovation of IUR, the government intervention can strengthen the positive effect of carbon trading policy on synergy innovation of IUR, and the positive promotion effect of carbon trading policy on synergy innovation of IUR in Central China is significant. The positive effect of carbon trading policy on the central region is significant, while the positive effect on the eastern and western regions is not strong.

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Publication Details

Journal
Frontiers in Business Economics and Management
Published
2025-02-21
DOI
https://doi.org/10.54097/r39wz049
Primary Topic
Regional Development and Environment
Type
article
Field-Weighted Citation Impact
0.00
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article

Research on the Impact of Carbon Trading Policy on synergy innovation of IUR in the Context of New Quality Productivity

Yuanchun Yu, Xin Chen
Frontiers in Business Economics and Management
Regional Development and Environment
article

Research on the Impact of Carbon Trading Policy on synergy innovation of IUR in the Context of New Quality Productivity

Yuanchun Yu, Xin Chen
article en

Abstract

Carbon trading policy is an important driving force to promote innovation and development, and it is the key to cultivate new quality productivity for greening transformation. This paper selects the panel data of 30 provinces and cities from 2009 to 2019, and empirically examines the impact effect of carbon trading policy on synergy innovation of IUR by using a multi-temporal double-difference method. The study shows that the carbon trading policy promotes synergy innovation of IUR in the pilot regions, and the conclusion still holds after the placebo test; further research shows that the degree of technology market development level plays a mediating effect in the impact of carbon trading policy on synergy innovation of IUR, the government intervention can strengthen the positive effect of carbon trading policy on synergy innovation of IUR, and the positive promotion effect of carbon trading policy on synergy innovation of IUR in Central China is significant. The positive effect of carbon trading policy on the central region is significant, while the positive effect on the eastern and western regions is not strong.

Frontiers in Business Economics and ManagementVol. 18(2)
Openalex Percentile: Top 96%
Regional Development and Environment
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