The Impact of Carbon Trading on Industry: Evidence from German Manufacturing Firms
The Impact of Carbon Trading on Industry: Evidence from German Manufacturing Firms
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DOI：
10.2139/ssrn.2389800
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发表时间：
2014-03
期刊：
影响因子：
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通讯作者：
Sebastian Petrick;U. Wagner
中科院分区：
文献类型：
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作者：
Sebastian Petrick;U. Wagner
我们估计的因果关系的影响，欧盟排放交易计划对制造业企业使用全面的面板数据，从德国生产普查。半参数匹配估计产生强有力的证据表明，该政策导致处理公司减少五分之一的二氧化碳排放量在2007年和2010年之间，相对于非处理公司。这一减少主要是通过提高能源效率和限制天然气和石油产品的消费而不是用电来实现的。我们没有发现任何证据表明排放交易降低了就业，营业额或出口的治疗公司。
We estimate the causal impact of the EU Emissions Trading Scheme on manufacturing firms using comprehensive panel data from the German production census. Semiparametric matching estimators yield robust evidence that the policy caused treated firms to abate onefifth of their CO2 emissions between 2007 and 2010 relative to non-treated firms. This reduction was achieved predominantly by improving energy efficiency and by curbing the consumption of natural gas and petroleum products, but not electricity use. We find no evidence that emissions trading lowered employment, turnover or exports of treated firms.