Effect of Forestry Carbon Offset Policy on Sharing the Pressure of Emission Reduction: Findings from China
Abstract
:1. Introduction
2. Literature Review and Mechanism Analysis
2.1. Literature Review
2.2. Forestry Carbon Offset Policy and Optimization Mechanisms
3. Research Design
3.1. Measuring the Impact of the Forestry Carbon Offset Policy on the Emission Reduction Pressure
3.2. Measurement of Marginal Abatement Costs
4. Data
4.1. Result Variables
4.2. Control Variables
5. Results and Robustness Test
5.1. Results
5.1.1. Analysis of the Results of the MAC
5.1.2. Analysis of the Effect of Forestry Carbon Offset Policy on Sharing the Pressure to Reduce Emissions
5.2. Robustness Test
5.2.1. Placebo Test
5.2.2. SCM-DID Test and Measurement of Net Policy Effects
5.3. Analysis of Heterogeneity
6. Conclusions and Policy Implications
6.1. Conclusions
6.2. Policy Implications
6.3. Limitations and Future Directions
Author Contributions
Funding
Data Availability Statement
Acknowledgments
Conflicts of Interest
References
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x | 1 − x | |
---|---|---|
y | (, ) | |
Test | Intensity of Shared Pressure to Reduce Emissions | ||
---|---|---|---|
Guangdong | Fujian | ||
Mean effect of SCM and placebo test | −753.07 *** | −505.14 *** | |
Number of grey lines along the lower edge | 25 | 25 | |
Total number of grey lines | 0 | 0 | |
0 | 0 | ||
Placebo test | Significant | Significant | |
DID effect and testing | −178.95 * | −302.5 * | |
Control variables | Yes | Yes | |
Double fixation | Yes | Yes | |
_cons | 86,546.48 ** | 17,227.16 ** | |
Adj | 0.9817 | 0.9913 | |
DID test | Significant | Not significant | |
Comparison of robustness tests | Consistent | Consistent | |
Policy effectiveness conclusion | Valid | Valid |
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Sun, R.; He, D.; Yan, J. Effect of Forestry Carbon Offset Policy on Sharing the Pressure of Emission Reduction: Findings from China. Forests 2024, 15, 1338. https://doi.org/10.3390/f15081338
Sun R, He D, Yan J. Effect of Forestry Carbon Offset Policy on Sharing the Pressure of Emission Reduction: Findings from China. Forests. 2024; 15(8):1338. https://doi.org/10.3390/f15081338
Chicago/Turabian StyleSun, Rui, Dayi He, and Jingjing Yan. 2024. "Effect of Forestry Carbon Offset Policy on Sharing the Pressure of Emission Reduction: Findings from China" Forests 15, no. 8: 1338. https://doi.org/10.3390/f15081338