Can the"Dual Carbon"Goal Stimulate the Growth of Export Trade?——A Quasi-natural Experiment Based on the Carbon Trading Pilot Policy
This paper takes the carbon trading pilot policy as a quasi-natural experiment,and systematically investigates the impact of the policy on export trade in pilot areas by using the difference-in-differences model based on the panel data of 31 provinces and cities from 2005 to 2019.At the same time,taking the green technological innovation ability as an intermediary variable,this paper tests the mechanism of carbon trading pilot policy on export trade,and puts forward relevant policy implications.It is found that:Firstly,the carbon trading policy implemented in China can significantly promote the growth of export trade in the pilot areas.Secondly,green technology innovation plays an intermediary role in the impact of carbon trading pilot policy on export trade and realized the"innovation compensation effect".Finally,the impact of carbon trading pilot policy on export trade is heterogeneous due to the trade mode,regional resource endowment and degree of Marketization.For processing trade,resource-based areas and high market-oriented areas,the pilot policy plays a more significant role in promoting export trade.
Carbon trading pilot policyGreen technology innovationExportDIDIntermediary effect
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