In the context of China's realization of the goal of carbon peak and carbon neutrality and the promotion of common prosperity,this paper uses the quasi-natural experiment of China's low-carbon city pilot policy,which was implemented in 2010,to evaluate the impact of low-carbon city pilot policy on the labor income share of enterprises by using the panel data of Shanghai and Shenz-hen A-shares from 2007 to 2019 and the Multi-period Difference-in-Differences(DID),the research shows that the pilot policy of low-carbon cities can promote the increase of labor income share of en-terprises.This conclusion is still valid after adopting the PSM-DID method,changing the measure-ment method of key variables,and adding macro-control variables for robustness test.The low-carbon city pilot policy has increased the labor income share of enterprises by adjusting the structure of hu-man capital and improving the total factor productivity of enterprises.Increasing investment in re-search and development and the number of skilled workers in enterprises can help enhance the pro-motion effect of low-carbon city pilot policies on enterprises'labor income share.The heterogeneity analysis results show that the low carbon city pilot policy has a more significant effect on the labor in-come share of state-owned enterprises,new enterprises,capital and technology intensive enterprises,low carbon emission enterprises and enterprises in the central and western regions.
关键词
低碳城市试点政策/企业劳动收入份额/人力资本结构调整/企业全要素生产率
Key words
low-carbon city pilot policy/enterprise labor income share/human capital structure ad-justment/total factor productivity of enterprises