Carbon Emission Trading Scheme,Cost Transfer,Cost Shifting,and Green Technology Innovation——Evidence from the Civil Aviation Industry
Carbon emission trading is a major institutional innovation to control and reduce greenhouse gas emissions and promote green and low carbon development.Taking Chinese commercial airlines as the research object and taking 2013 to 2021 as the time window,they DID model is used to examine the impact of carbon market trading mechanism on green technology innovation and the moderating effect of cost shifting capability on the impact.The study finds that emission control companies participating in the carbon market will enhance green technology innovation based on cost pressure,reputation effect and potential benefits.The policy effect of carbon trading mechanisms is significantly delayed,and the policy effect can be better reflected by long-term observations.Cost shifting capability negatively moderates the promotion effect of carbon trading mechanisms on green technology innovation.Carbon emission trading policies promote green technology innovation of emission control enterprises with property rights heterogeneity,regulatory intensity heterogeneity,quota allocation method heterogeneity,enterprise scale heterogeneity and management model heterogeneity.The conclusions of the study provide theoretical basis and empirical evidence for reasonably e-valuating the policy effects of carbon emissions trading,correcting the green behavior alienation of civil aviation enterprises,and promoting high-quality development of the industry.
carbon emission trading schemecost transfergreen technology innovationcivil aviation industry
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