Theoretical and Natural Science
- The Open Access Proceedings Series for Conferences
Theoretical and Natural Science
Vol. 40, 24 June 2024
Open
Access | Article
Study on the pilot emission right trading on the transformation and upgrading path selection of manufacturing enterprises
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Abstract
This paper takes A-share manufacturing listed companies from 2002 to 2020 as the research sample, proposes the service optimization effect of emissions trading on enterprises extending downstream and the innovation incentive effect of upward climb, and uses DID method to study the impact of emissions policy on the choice of manufacturing industry transformation and upgrading path. Through empirical studies, it was found that the emissions trading policy improves the embedded service level of manufacturing enterprises, strips off the blended services; however, it fails to significantly improve the green innovation level of manufacturing enterprises, and its innovation incentive effect fails to appear.The findings provide a theoretical basis for improving the emission right allocation mechanism, establishing a sound environmental regulatory system, and promoting the development of the economy in the direction of green and sustainable development.
Keywords
emissions trading, manufacturing companies, service optimization, innovation incentives
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Environmental Geoscience and Earth Ecology
- ISBN (Print)
- 978-1-83558-465-1
- ISBN (Online)
- 978-1-83558-466-8
- Published Date
- 24 June 2024
- Series
- Theoretical and Natural Science
- ISSN (Print)
- 2753-8818
- ISSN (Online)
- 2753-8826
- DOI
- 10.54254/2753-8818/40/20240210
- Copyright
- 24 June 2024
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited