Research On The Impact Of Market Integration On Carbon Emissions

Since the Reform and Opening-up,China has been committed to promoting economic growth through opening to the outside world.In contrast,the problem of market segmentation in all the provinces in China has been ignored.To this end,the Chinese government has launched a series of policies since the 90 s of last century to break the protectionism in various regions and realize the free circulation of goods and elements.At present,promoting the market integration process to promote economic development is an important economic policy adopted by the Chinese government.In the context of global warming,China is facing enormous pressure on energy saving and emission reduction.The increase of market integration caused by the polices deserves our attention.In this paper,we firstly calculate the market integration and carbon emissions of 28 provinces in China in 1995-2015 years,and conduct a longitudinal and longitudinal comparative analysis.Next,the linear effect of market integration on carbon emissions is analyzed by using the fixed effect model.Then,according to the path analysis method,we find out the direct and indirect path of market integration's impact on carbon emissions.Finally,the panel threshold regression model is used to calculate the effect of market integration on carbon emissions under different district systems.The results of this study show that: first,the market integration of various provinces and municipalities in China is basically the same,the degree of market integration in Beijing,Tianjin and Shanghai is low,the highest level of the average market integration is the middle,the second is the East,the lowest is the West.Second,the increase of market integration can promote carbon emissions,the impact of market integration on carbon emissions is not only through the direct path,but also through the indirectly path by promoting the level of economic development to have a positive impact on carbon emissions and by promoting the technological level to have a negative impact on carbon emissions.Third,an increase in market integration reduces its positive effect on carbon emissions,but an increase in both economic growth and the technology level enhances the positive effect of market integration on carbon emissions.In short,the improvement of market integration can promote the economic development to a certain extent,but it is also accompanied by the rise of carbon emissions.In order to promote economic development and formulate all kinds of energy saving and emission reduction policies,the role of market integration in different regions should be taken into account in order to minimize carbon emissions and achieve low carbon development.