| In order to promote the coordinated development of economic development and environmental governance,China has put great effort in the construction of local carbon trading pilot projects in the past decade.Key industries,mainly industrial sectors,have been included in the pilot projects.During the implementation period,a certain initial quota has been given as a free emission ceiling for emission control enterprises.And the pilot industry emission reduction subject according to their own situation,planning carbon emissions,carbon emission reduction.At the same time,the enterprises that perform the contract also need to take measures to ensure the realization of the target.This process will cause cost increase and technological progress,which will affect the export trade.This paper first sorted out relevant literature on the impact of carbon trading policies on export trade,then analyzed the impact mechanism of carbon trading on export trade,then collected panel data of 30 provinces and autonomous regions from2006 to 2020,and took 8 pilot areas of carbon trade as the research object.Based on the cost effect and technological innovation effect in the process of carbon trading market construction,a multi-period DID model was constructed to test the impact of carbon trading policies on China’s export.Furthermore,the effect of technological innovation is introduced as a mediating variable to test the mechanism of the impact of carbon trading policy on China’s export.The results show that :(1)carbon trading construction has a significant promoting effect on the export of pilot regions.Specifically,carbon trading policies have a promoting effect on the export of pilot cities through cost effect and innovation effect.First,at present China free carbon quota is given priority to,make the cost of carbon trading policy effect of the important factors affecting the cost of export enterprise cost less affected,second,some enterprises through prior to the construction of the carbon trading incentives to make up for the cost of export enterprises,in the end,carbon trading policy effect of technological innovation by improving the technology level have promoting effect on exports.(2)Technological innovation has a significant mediating effect on the impact of carbon trading policies on export volume,that is,carbon trading policies first act on technological innovation,and technological innovation then acts on export volume;(3)In addition to carbon trading policy,export volume is also affected by regional development level,foreign investment,trade openness,regional finance level,scientific and technological human capital and many other factors.Finally,combined with the empirical analysis results,this paper puts forward suggestions for the further development of carbon trading construction from the aspects of technological innovation,international cooperation,policy optimization and market improvement. |
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