低碳城市建设与地方政府绿色引资--来自工业用地出让的证据

Low-Carbon City Construction and Local Government Attracting Green Investment--Evidence from the Transfer of Industrial Land

分析低碳城市建设对于地方政府行为的影响有助于构建更加合理有效的地区经济绿色发展模式。本研究在理论分析低碳城市建设与地方政府“土地引资”行为之间关系的基础上,以近年来实施的低碳城市试点政策为准自然实验,利用2009-2020年中国城市层面的微观土地出让数据进行了实证分析。研究发现,低碳城市建设通过晋升激励和财政激励对地方政府施加了有力的环境目标约束,显著降低了地区“两高行业”用地出让占比,促进了地方政府绿色引资。此外,本研究还通过考察低碳城市建设对地区土地出让规模、土地出让方式、土地出让价格、工业用地出让占比以及产业结构变动等的影响,为低碳城市建设的绿色引资效应提供了进一步的论证。异质性分析发现低碳城市建设对于促进地方政府绿色引资的效应在财政压力较小的地区更为显著。本研究为进一步制定和完善环境规制政策以及完善多维度的官员考核体系以促进经济高质量发展提供了相关政策启示。

Analysing the influence of low-carbon city construction on local government behavior is conducive to the construction of a more reasonable and effective regional economic green development model.On the basis of theoretical analysis of the relationship between low-carbon city construction and the behavior of local governments“attracting investment by land”,this study takes the lowcarbon city pilot policy implemented in recent years as the natural experiment,and makes empirical analysis by using the microland transfer data at the urban level in China from 2009 to 2020.The study finds that the construction of low-carbon city imposes strong environmental target constraints on local governments through promotion incentive and financial incentive,significantly reduces the proportion of land transfer of“high pollution and high energy consumption industries”10 in the region,and promotes local governments to attract the green investment.In addition,this study also provides further demonstration for the green investment attraction effect of low-carbon city construction by examining the impact of low-carbon city construction on land transfer scale,land transfer method,land transfer price,industrial land transfer proportion and industrial structure change.Heterogeneity analysis shows that the effect of low-carbon city construction on promoting local governments to attract green investment is more significant in regions with less financial pressure.This study provides relevant policy inspiration for further formulating and improving environmental regulation policies and improving the multi-dimensional official assessment system to promote high-quality economic development.