降碳与增长何以兼得？——基于新能源示范城市政策的经验研究

Abstract

The carbon peaking and carbon neutrality goals require that economic growth must be integrated into the framework of climate change. How to implement effective policies to overcome the dilemma between carbon reduction and economic growth? This paper incorporates carbon reduction and economic growth into a unified framework, constructs a DID model based on the NEDC policy, and uses the data of cities at and above the prefecture level from 2006 to 2019 for empirical testing. It is found that the NEDC policy can significantly reduce carbon emissions and promote economic growth. Mechanism analysis shows that the green innovation compensation effect not only plays the role of green technology progress in carbon reduction, but also promotes economic growth. The capital misallocation eliminating effect optimizes the capital allocation structure and improves the allocation efficiency, thereby promoting economic growth while reducing carbon emissions.