摘要
本文旨在探讨贸易全球化是否导致碳排放跨国转移效应。本文对1991—2019年170个国家(地区)的样本进行分析,以国家(地区)签订区域贸易协定为准自然实验,探讨区域贸易协定与碳排放跨国转移的因果关系。研究发现:区域贸易协定的签订会导致欠发达经济体的温室气体排放增加幅度显著高于发达经济体。在双边贸易方面,欠发达经济体的高耗能行业出口额显著增加,且增速高于低耗能行业。在应对措施方面,基于全球合作的碳减排承诺和碳排放权交易市场将有利于欠发达经济体实现脱碳和减排目标,避免落入碳转移陷阱。在建设中国式现代化以及努力实现碳达峰、碳中和的大背景下,本文对国际经验的研究有助于我国探索实现绿色发展的中国道路,在促进经济增长的同时减少碳排放。
With the continuous deepening of globalization,the profound integration of economies and industries among nations propels global economic development.However,it also reveals a profound contradiction between environmental protec⁃tion and economic growth.This paper aims to investigate whether trade globalization leads to transnational carbon emission transfer effects.Based on an analysis of a sample of 170 countries(regions)from 1991 to 2019,this study employs the signing of re⁃gional trade agreements(RTAs)by countries(regions)as quasi-natural experiments to explore the causal relationship be⁃tween RTAs and transnational carbon emission transfers.The empirical results of this study are as follows.Firstly,leveraging RTAs as exogenous shocks for carbon emissions,this paper provides direct evidence of cross-border carbon emission transfers.In other words,the signing of regional trade agree⁃ments leads to a significantly higher increase in greenhouse gas emissions in developing economies compared to developed economies.Secondly,after the signing of RTAs between two countries(regions),the growth in bilateral trade volume of high-energy-intensive products exceeds that of low-energy-intensive products.Thirdly,explicit emission reduction commit⁃ments,the establishment of clearly defined carbon emission trading systems,and other green financial innovations contribute to improving a country's(region's)carbon emission situation and reducing the risk of foreign countries(regions)implement⁃ing carbon emission transfers.In pursuit of Chinese path to modernization and the goal of carbon peaking and carbon neutrality,the study on interna⁃tional evidence aims to assist China charting its own path toward green development and reducing carbon emissions while pro⁃moting economic growth.To mitigate the risks associated with transnational carbon emission transfer,this paper proposes three recommendations.Firstly,Enhance bilateral(or multilateral)trade agreements within existing RTA frameworks to consider potential cross-border carbon transfer factors;secondly,deepen bilateral(or multilateral)cooperation in the climate field to jointly address the challenges posed by climate change;thirdly,actively advocate for the establishment of a green international financial system in China,thereby promoting sustainable development and climate change mitigation goals.
作者
梁裕珩
张瀚文
陆盈尹
陈铭鑫
Liang Yuheng;Zhang Hanwen;Lu Yingyin;Chen Mingxin(School of Finance,Guangdong University of Foreign Studies;Institute of Financial Openness and Asset Management;Southern China Institute of Fortune Management Research)
出处
《国际金融研究》
北大核心
2023年第12期3-13,共11页
Studies of International Finance
基金
国家自然科学基金青年项目“信息传播偏差与金融风险跨国传染:机制、效应及对策”(72303046)
福建省社科规划重大项目“人民币汇率变动对RCEP国家投资的影响研究”(FJ2020MJDZ049)资助。
关键词
碳排放转移
区域贸易协定
“污染天堂”假说
绿色金融
Carbon Emission Transfer
Regional Trade Agreements
“Pollution Paradise”Hypothesis
Green Finance