ORIGINAL RESEARCH
Evaluation of Carbon Reduction Effect
of the Low-Carbon Policy: Evidence
from 47 Low-Carbon Pilot Cities of China
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School of Management, Anhui University, He Fei 230601, China
Submission date: 2024-05-11
Final revision date: 2024-06-12
Acceptance date: 2024-07-19
Online publication date: 2024-11-05
Corresponding author
Zijun Wu
School of Management, Anhui University, He Fei 230601, China
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ABSTRACT
Based on panel data from 204 prefecture-level cities in China spanning from 2010 to 2019, this
study examines the low-carbon city pilot program as a quasi-natural experiment. The propensity score
matching-double difference model (PSM-DID) is utilized to analyze the effects of the low-carbon city
pilot policy on carbon emission intensity. The research findings found: Firstly, the low-carbon city pilot
policy has significantly reduced the intensity of urban carbon emissions. Secondly, the primary factors
contributing to the reduction in urban carbon emissions intensity due to the low-carbon city pilot policy
include adjustments in industrial structure, energy consumption control, and advancements in green
technology innovation. Thirdly, heterogeneity analysis indicates that the impacts of the low-carbon city
pilot policy differ across various regions. Resource cities, eastern cities, as well as cities in the southeast
and northwest regions, experience significant effects.