The Impact Of Carbon Intensity Restriction Policy On Total Factor Productivity Of Carbon Emissions

Since the reform and opening up,China's economy has experienced a sustained high-speed growth stage and achieved remarkable achievements.However,with the gradual expansion of China's economic volume,energy consumption has increased year by year,and related pollution problems have become increasingly serious,especially the rapid growth of carbon emissions related to energy consumption.In order to change this situation,at the end of 2009,China put forward the carbon intensity control target to restrain the momentum of rapid growth of carbon emissions in the industrial sector.Firstly,based on the stochastic frontier analysis model,this paper estimates the technological progress,scale efficiency and technological efficiency changes of total factor productivity of carbon emmisiions and its decomposition items using the input-output data and carbon emissions of 30 provinces(cities)in mainland China from 2006 to 2016,and compares the eastern,central and western regions of China.Then this paper uses virtual variable model and system generalized moment estimation method to study the impact of carbon intensity constraints on the growth rate of total factor productivity of carbon emissions in China.The results show that technological progress is the source of total factor productivity growth of industrial carbon emissions.The total factor productivity of industrial carbon emissions in Western China is the highest,followed by central China and the lowest in eastern China.The policy of carbon intensity restriction hinders the total factor productivity of carbon emissions;R&D intensity plays a hindrance role in the growth of total factor productivity of carbon emissions;attracting foreign investment helps to improve the total factor productivity of carbon emissions;the"pollution paradise" hypothesis does not apply to China's industrial sector.