Evaluating the Effect of China’s Carbon Emission Trading Policy on Energy Efficiency of the Construction Industry Based on a Difference-in-Differences Method
China’s construction industry makes important contributions to energy consumption and pollution emissions. It is significant to improve energy efficiency in the construction industry. Since 2011, the introduction of China’s carbon emission trading policy has had a great impact on energy conservation...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Wiley
2022-01-01
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| Series: | Advances in Civil Engineering |
| Online Access: | http://dx.doi.org/10.1155/2022/6096435 |
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| author | Shasha Xie Jinjing Wang |
| author_facet | Shasha Xie Jinjing Wang |
| author_sort | Shasha Xie |
| collection | DOAJ |
| description | China’s construction industry makes important contributions to energy consumption and pollution emissions. It is significant to improve energy efficiency in the construction industry. Since 2011, the introduction of China’s carbon emission trading policy has had a great impact on energy conservation and emission reduction. The implementation of the carbon emission trading policy provides us with an opportunity to find solutions to improve the energy efficiency of the construction industry (EECI) in China. In this article, the implementation of carbon emission trading is regarded as a quasi-natural experiment, and the impact of the carbon emission trading policy on the energy efficiency of the construction industry is evaluated by analyzing the panel data related to the energy of the construction industry in 30 provincial regions from 2008 to 2016 through a difference-in-differences method. The main conclusions are as follows. First, the carbon emission trading policy can improve EECI. Second, the carbon emission trading policy can achieve the policy effect of improving EECI by optimizing the allocation of construction machinery resources and enhancing regional technical innovation. At the same time, strengthening government environmental regulation can strengthen the policy effect as well. Finally, some policy implications based on the study are proposed. |
| format | Article |
| id | doaj-art-d39c1bafaf4d4a4da98089870511468f |
| institution | OA Journals |
| issn | 1687-8094 |
| language | English |
| publishDate | 2022-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Advances in Civil Engineering |
| spelling | doaj-art-d39c1bafaf4d4a4da98089870511468f2025-08-20T02:19:51ZengWileyAdvances in Civil Engineering1687-80942022-01-01202210.1155/2022/6096435Evaluating the Effect of China’s Carbon Emission Trading Policy on Energy Efficiency of the Construction Industry Based on a Difference-in-Differences MethodShasha Xie0Jinjing Wang1School of Civil Engineering and ArchitectureSchool of Civil Engineering and ArchitectureChina’s construction industry makes important contributions to energy consumption and pollution emissions. It is significant to improve energy efficiency in the construction industry. Since 2011, the introduction of China’s carbon emission trading policy has had a great impact on energy conservation and emission reduction. The implementation of the carbon emission trading policy provides us with an opportunity to find solutions to improve the energy efficiency of the construction industry (EECI) in China. In this article, the implementation of carbon emission trading is regarded as a quasi-natural experiment, and the impact of the carbon emission trading policy on the energy efficiency of the construction industry is evaluated by analyzing the panel data related to the energy of the construction industry in 30 provincial regions from 2008 to 2016 through a difference-in-differences method. The main conclusions are as follows. First, the carbon emission trading policy can improve EECI. Second, the carbon emission trading policy can achieve the policy effect of improving EECI by optimizing the allocation of construction machinery resources and enhancing regional technical innovation. At the same time, strengthening government environmental regulation can strengthen the policy effect as well. Finally, some policy implications based on the study are proposed.http://dx.doi.org/10.1155/2022/6096435 |
| spellingShingle | Shasha Xie Jinjing Wang Evaluating the Effect of China’s Carbon Emission Trading Policy on Energy Efficiency of the Construction Industry Based on a Difference-in-Differences Method Advances in Civil Engineering |
| title | Evaluating the Effect of China’s Carbon Emission Trading Policy on Energy Efficiency of the Construction Industry Based on a Difference-in-Differences Method |
| title_full | Evaluating the Effect of China’s Carbon Emission Trading Policy on Energy Efficiency of the Construction Industry Based on a Difference-in-Differences Method |
| title_fullStr | Evaluating the Effect of China’s Carbon Emission Trading Policy on Energy Efficiency of the Construction Industry Based on a Difference-in-Differences Method |
| title_full_unstemmed | Evaluating the Effect of China’s Carbon Emission Trading Policy on Energy Efficiency of the Construction Industry Based on a Difference-in-Differences Method |
| title_short | Evaluating the Effect of China’s Carbon Emission Trading Policy on Energy Efficiency of the Construction Industry Based on a Difference-in-Differences Method |
| title_sort | evaluating the effect of china s carbon emission trading policy on energy efficiency of the construction industry based on a difference in differences method |
| url | http://dx.doi.org/10.1155/2022/6096435 |
| work_keys_str_mv | AT shashaxie evaluatingtheeffectofchinascarbonemissiontradingpolicyonenergyefficiencyoftheconstructionindustrybasedonadifferenceindifferencesmethod AT jinjingwang evaluatingtheeffectofchinascarbonemissiontradingpolicyonenergyefficiencyoftheconstructionindustrybasedonadifferenceindifferencesmethod |