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An empirical study on emissions trading influence for the enterprise environmental responsibility

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Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
The primary objective of this paper is to address the inherent biases in the calculation of carbon emissions trading (CET) and foster the development of green innovation. By employing panel data from carbon emission trading pilots, the spatial Durbin model (SDID) is applied to assess the impact of CET on corporate environmental responsibility. By integrating CET and corporate environmental responsibility within a unified framework, this paper presents a novel analysis of the influence of environmental regulations on corporate environmental responsibility at the micro-level. Additionally, this study examines the spatial spillover effect of CET, thereby rectifying estimation biases. The model validation results indicate statistical significance below the 1 % level. The findings of this research reveal that it analyses the specific channels through which CET influences corporate environmental responsibility, providing insights that address the limitations of previous studies in mechanism analysis.
Rocznik
Strony
259--266
Opis fizyczny
Bibliogr. 14 poz., tab.
Twórcy
  • Business School, Hohai University, Nanjing Jiangsu 211100 China
  • Business School, Jiangsu Second Normal University, Nanjing Jiangsu 211200 China
Bibliografia
  • [1] Wu CH. An empirical study on discussion and evaluation of green university. Ecol Chem Eng S. 2021;28(1):75-87. DOI: 10.2478/eces-2021-0007.
  • [2] Wu CH, Tsai SB, Liu W, Shao XF, Sun R, Wacławek M. Eco-technology and eco-innovation for green sustainable growth. Ecol Chem Eng S. 2021;28(1):7-10. DOI: 10.2478/eces-2021-0001.
  • [3] Xu T, Cheng C, Ren F, Zhang WW. Optimal scheduling of integrated energy systems considering carbon trading. J Phys: Conf Ser. 2022;2395(1). DOI: 10.1088/1742-6596/2395/1/012053.
  • [4] Guo HBO, Lu MT, Ding LL. The effect of consumer sentiment on manufacturers’ green technology innovation: A RDEU evolutionary game model. Sustainability. 2022;15(1). DOI: 10.3390/SU15010706.
  • [5] Zhu J, Fan Y, Deng X. Low-carbon innovation induced by emissions trading in China. Nature Commun. 2019;10(1):1-8. DOI: 10.1016/j.omega.2015.09.011.
  • [6] Lee C, Feng Y, Peng DY. A green path towards sustainable development: The impact of low-carbon city pilot on energy transition. Energy Economics. 2022; 115. DOI: 10.1016/J.ENECO.2022.106343.
  • [7] Ke W, Yi MY, Huang ZM. Potential gains from carbon emissions trading in China: A DEA based estimation on abatement cost savings. Omega. 2016;63:48-59. DOI: 10.1016/j.omega.2015.09.011.
  • [8] Rui W, Han CD, Yong G. Achieving China’s INDC through carbon cap-and-trade: Insights from Shanghai. Appl Energy. 2016;184:1114-22. DOI:10.1016/j.apenergy.2016.06.011.
  • [9] Li W, Lu C, Ding Y, Zhang YW. The impacts of policy mix for resolving overcapacity in heavy chemical industry and operating national carbon emission trading market in China. Appl Energy. 2017;204:509-24. DOI: 10.1016/j.apenergy.2017.07.017.
  • [10] Fang GC, Tian LX, Liu MH, Fu M, Sun M. How to optimize the development of carbon trading in China - Enlightenment from evolution rules of the EU carbon price. Appl Energy. 2018; 211:1039-49. DOI: 10.1016/j.apenergy.2017.12.001.
  • [11] Li H, Li R, Shang M, Liu Y, Su DD. Cooperative decisions of competitive supply chains considering carbon trading mechanism. Int J Low-Carbon Technologies. 2021;17:102-17. DOI: 10.1093/IJLCT/CTAB085.
  • [12] Chai QF, Xiao ZD, Lai KH, Zhou GH. Can carbon cap and trade mechanism be beneficial for remanufacturing? Int J Prod Economics. 2018;203:311-21. DOI: 10.1016/j.ijpe.2018.07.004.
  • [13] Yue D, Nan L, Gu RG. Can China’s carbon emissions trading rights mechanism transform its manufacturing industry? Based on the perspective of enterprise behavior. Sustainability. 2018;10(7):22-31. DOI: 10.3390/su10072421.
  • [14] Andreas L, Benjamin JL, Shunsuke M. The impacts of the EU ETS on efficiency and economic performance - An empirical analysis for German manufacturing firms. Resource Energy Economics. 2018;56:71-95. DOI: 10.1016/j.reseneeco.2018.03.001.
Uwagi
Opracowanie rekordu ze środków MEiN, umowa nr SONP/SP/546092/2022 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2022-2023).
Typ dokumentu
Bibliografia
Identyfikator YADDA
bwmeta1.element.baztech-049eddc6-3494-4a4a-b802-f5d887222dcd
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