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Will regional economic integration influence carbon dioxide marginal abatement costs? Evidence from Chinese panel data

机译:区域经济一体化会影响二氧化碳的边际减排成本吗?来自中国面板数据的证据

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摘要

With frequent trade and technology diffusion, the barriers between regions are gradually weakening, and regions have become more integrated over recent years. Regional economic integration not only stimulates labour mobility, but also achieve scale economy, both of which may also influence carbon dioxide (CO ) marginal abatement costs through affecting energy consumption, CO emissions, productivity growth, and technical progress. Nevertheless, to the best of our knowledge, none of the studies has currently concerned the influence of regional economic integration on CO marginal abatement costs. To fill this research gap, this study first theoretically clarifies the influence mechanism of regional economic integration on CO marginal abatement cost, and then empirically attempts to investigate their relationship in the context of China, with panel data models. To serve this purpose, the provincial CO marginal abatement cost and regional economic integration are estimated by parametric directional distance function and price-based approach, respectively. The results show that China's regional economic integration level indeed gradually improved over 2002–2011 except in 2003–04 and 2006–09 due to the spread of Severe Acute Respiratory Syndrome (SARS) and the sub-prime loan crisis. Moreover, evolution of regional economic integration indeed contributes to the increase of CO marginal abatement cost at 5% significance level. Using robust tests, it can be found that the results are also reliable and robust to sub-samples.
机译:随着贸易和技术的频繁传播,区域之间的壁垒逐渐减弱,并且近年来区域变得更加一体化。区域经济一体化不仅可以刺激劳动力流动,而且可以实现规模经济,这两者都可能通过影响能源消耗,CO排放,生产率增长和技术进步来影响二氧化碳的边际减排成本。然而,据我们所知,目前尚无研究涉及区域经济一体化对一氧化碳边际减排成本的影响。为了填补这一研究空白,本研究首先从理论上阐明了区域经济一体化对一氧化碳边际减排成本的影响机制,然后以面板数据模型进行实证研究,试图在中国的背景下研究它们之间的关系。为了达到这个目的,分别通过参数方向距离函数和基于价格的方法估算了省级CO边际减排成本和区域经济一体化。结果表明,由于严重急性呼吸系统综合症(SARS)的蔓延和次贷危机,中国的区域经济一体化水平确实在2002-2011年间逐步改善,除了2003-04年和2006-09年。此外,区域经济一体化的发展确实有助于以5%的显着性水平增加CO边际减排成本。使用鲁棒性测试,可以发现结果对于子样本也是可靠且鲁棒的。

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