The Impact of Clean Energy Demonstration Provincial Policies on Carbon Emissions and Economic Development in Pilot Areas:Verification Based on Multi-phase PSM-DID
The influence of the clean energy demonstration provincial policy on the carbon emissions and economic develop-ment level of the pilot areas is evaluated using provincial panel data from 2000 to 2019,combined with the multi-period PSM-DID model.The results show that:① The clean energy demonstration province's policies have greatly reduced carbon emissions in the pilot area,increased economic development,and achieved a double dividend for the environment and econo-my.② There is a time lag in the effect of policy impact,and the impact effect gradually increases with time.The effects of policies vary depending on area,with the eastern region experiencing more economic growth and emission reduction effects than the middle and western regions.③ Technological advancement serves as a bridge between the clean energy demonstra-tion province's policy,carbon emissions,and the level of economic development.④ The clean energy demonstration prov-ince's policy and technology advancement are positively regulated by environmental regulation.The relationship between technical advancement and carbon emissions is negatively regulated by environmental legislation.
clean energy demonstration provincial policycarbon emissionsmulti-period PSM-DIDmediating effectmoderating effect