Has the Service Trade Innovation Development Pilot Policy Reduced Carbon Emissions
This study,taking the service trade innovation development pilot policy as the entry point,constructs a staggered difference-in-differences(DID)model,and sys-tematically examines the impact of the service trade innovation development pilot policy on carbon emissions and its mechanisms using panel data from 285 cities in China from 2006 to 2021.The results show that the service trade innovation development pilot policy signif-icantly reduces carbon emissions in pilot cities,and its carbon reduction effect gradually strengthens over time.Mechanism tests reveal that the policy reduces carbon emissions through three channels:reducing energy consumption,driving industrial structure up-grades,and promoting green technological innovation.Heterogeneity analysis reveals that the carbon reduction effect of the policy is more significant in coastal cities,cities with higher levels of service industry development,and cities with more developed digital infra-structure.This study not only provides empirical evidence for the scientific formulation of service trade policies,but also offers useful policy insights for supporting China's"dual carbon"goals.
Service Trade Innovation and DevelopmentCarbon Emissions"Dual Carbon"TargetStaggered Difference-in-Differences