Influence Path of Industrial Investment on Carbon Emission in China:An Analysis on the Dynamic Spatial Durbin Model
Industrial investment plays a significant role in driving the high-quality development of China's economy.However,regional disparities in industrial investment have varying effects on regional carbon emissions,posing significant challenges for both regional and national carbon reduction efforts.Drawing on China's provincial panel data from 2003 to 2019,this study employs the Dynamic Spatial Durbin Model and the moderating effect model to explore the spatial spillover effect of industrial investment on regional carbon emissions.The study reveals the following key findings:(1)The impact of industrial investment on carbon emissions has"time inertia"and"spatial spillover"effects.(2)Economic scale,technological innovation and industrial structure upgrading will weaken the positive impact of industrial investment on carbon emissions,showing potential emission reduction characteristics,and the long-term weakening effect is more significant.(3)The inhibitory effect on the spatial spillover effect of carbon emissions is mainly through the path of economic scale in the long term and the path of industrial structure upgrading in the short term.Finally,the paper recommends further unlocking the emission reduction potential by fostering low-carbon industrial clusters,enhancing inter-regional cooperation,and advancing the green transformation of industrial structures.These efforts are aimed at promoting sustainable development in China and achieving multi-regional coordinated emission reduction goals,all while expanding industrial investment.
industrial investmentcarbon emissionsspatial effectsDynamic Spatial Durbin Model