Government Intervention and Industrial Carbon Emission Efficiency - Empirical Evidence from China

This paper shows the relationship between government intervention and industrial carbon emission efficiency by analyzing the provincial data in China from 2005 to 2020, and also briefly discusses other control variables. First of all, this paper gives a brief description of the relevant dynamics of environmental protection projects and carbon emission trading in various countries around the world. The overall trend indicates that improving industrial carbon emission efficiency and achieving green development has become a historical topic. Then, the author reviews the previous study. These studies mainly include the measurement of the efficiency of industrial Carbon emissions, the analysis of contributing factors of the efficiency and the discussion of econometric methods used in the study of this topic. Thirdly, using the control variable method, the panel regression model is used to analyze the data. Finally, conclusions and policy suggestions are given: government intervention will generally reduce the efficiency of industrial carbon emission, strong environmental regulations may inhibit the enhancement of industrial carbon emission efficiency, the transformation of energy structure will help reduce carbon emission and the improvement of opening-up degree is significantly positively related to the efficiency. Therefore, it is necessary to make reasonable use of government power, carry out environmental management according to reality, promote the transformation of energy structure and increase the openness to the outside world.