The impact of emission trading schemes on firm competitiveness: Evidence of the mediating effects of firm behaviors from the guangdong ETS

doi:10.1016/j.jenvman.2021.112633

GIEC OpenIR

	The impact of emission trading schemes on firm competitiveness: Evidence of the mediating effects of firm behaviors from the guangdong ETS
	Luo, Yuejun 1,3,4; Li, Xueyan 2; Qi, Xiaoling 1; Zhao, Daiqing1,3
	2021-07-15
发表期刊	JOURNAL OF ENVIRONMENTAL MANAGEMENT
ISSN	0301-4797
卷号	290 页码:9
通讯作者	Li, Xueyan(lixueyan@mail.ccnu.edu.cn)
摘要	The pilot carbon emission trading scheme in Guangdong Province (GD ETS) of China has fulfilled seven compliance periods, and its potential impact on regulated firms has drawn increasing attention. This article empirically investigated the impact of the ETS on firm behaviors and competitiveness (i.e., cost competitiveness and green competitiveness) by surveying all power firms in the GD ETS. Low-carbon management, carbon asset transactions, and energy saving and emission reduction technology were identified as firm behaviors. The relationships among the ETS, firm behaviors, and firm competitiveness were tested by using bootstrap multiple mediation analyses. The results showed that the GD ETS has a positive impact on firm behaviors. The three examined firm behaviors actually reflect the depth of firm participation in the ETS. The more the firm participates, the greater the mediating effects that the firm behaviors exert on firm competitiveness are. Both carbon asset transactions and energy saving and emission reduction technology have a mediating effect on the relationship between the GD ETS and cost competitiveness, while only the latter mediates the relationship between the GD ETS and green competitiveness. Implications for policy makers and firm operators were discussed.
关键词	Carbon emission trading scheme Mediation Firm competitiveness Firm behavior
DOI	10.1016/j.jenvman.2021.112633
关键词[WOS]	ENERGY-INTENSIVE INDUSTRIES ; RESOURCE-BASED VIEW ; ENVIRONMENTAL-REGULATION ; CLIMATE POLICY ; EU ETS ; PERFORMANCE ; INNOVATION
收录类别	SCI
语种	英语
资助项目	Natural Science Foundation of Guangdong Province, China[2016A030313175] ; Department of Ecology and environment of Guangdong Province, China[sthjqh-2021-17] ; Department of Natural Resources of Guangdong Province, China[GDZRZYKJ2021001]
WOS研究方向	Environmental Sciences & Ecology
项目资助者	Natural Science Foundation of Guangdong Province, China ; Department of Ecology and environment of Guangdong Province, China ; Department of Natural Resources of Guangdong Province, China
WOS类目	Environmental Sciences
WOS记录号	WOS:000683053700007
出版者	ACADEMIC PRESS LTD- ELSEVIER SCIENCE LTD
引用统计
文献类型	期刊论文
条目标识符	http://ir.giec.ac.cn/handle/344007/33323
专题	中国科学院广州能源研究所
通讯作者	Li, Xueyan
作者单位	1.Chinese Acad Sci, Guangzhou Inst Energy Convers, Guangzhou 510640, Peoples R China 2.Cent China Normal Univ, Sch Sociol, Wuhan 430079, Hubei, Peoples R China 3.Univ Chinese Acad Sci, Beijing 100049, Peoples R China 4.Guangdong Prov Land Survey & Planning Inst, Guangzhou 510075, Peoples R China
第一作者单位	中国科学院广州能源研究所
推荐引用方式 GB/T 7714	Luo, Yuejun,Li, Xueyan,Qi, Xiaoling,et al. The impact of emission trading schemes on firm competitiveness: Evidence of the mediating effects of firm behaviors from the guangdong ETS[J]. JOURNAL OF ENVIRONMENTAL MANAGEMENT,2021,290:9.
APA	Luo, Yuejun,Li, Xueyan,Qi, Xiaoling,&Zhao, Daiqing.(2021).The impact of emission trading schemes on firm competitiveness: Evidence of the mediating effects of firm behaviors from the guangdong ETS.JOURNAL OF ENVIRONMENTAL MANAGEMENT,290,9.
MLA	Luo, Yuejun,et al."The impact of emission trading schemes on firm competitiveness: Evidence of the mediating effects of firm behaviors from the guangdong ETS".JOURNAL OF ENVIRONMENTAL MANAGEMENT 290(2021):9.