Advanced

Are Capitalists Green? Firm Ownership and Provincial CO2-emissions in China

Andersson, Fredrik N G LU and Opper, Sonja LU (2015) 9th International Conference on Computational and Financial Econometrics (CFE 2015)
Abstract
China has since the 1980s emerged as one of the world’s largest economies and the main emitter of carbon dioxide. Any attempt to combat global warming at the global level is therefore dependent on the future trajectory of Chinese emissions. In this paper we consider the effect of firm ownership on provincial emissions. The hypothesis is that private firms are economically more efficient than non-private firms. Our results support this hypothesis and offer two policy implications to reduce emission growth: First, industrial policies need to focus on productivity enhancing reforms of the non-private sector. Second, continuing structural reforms lifting remaining barriers of private firm production will be crucial to contain or even reduce... (More)
China has since the 1980s emerged as one of the world’s largest economies and the main emitter of carbon dioxide. Any attempt to combat global warming at the global level is therefore dependent on the future trajectory of Chinese emissions. In this paper we consider the effect of firm ownership on provincial emissions. The hypothesis is that private firms are economically more efficient than non-private firms. Our results support this hypothesis and offer two policy implications to reduce emission growth: First, industrial policies need to focus on productivity enhancing reforms of the non-private sector. Second, continuing structural reforms lifting remaining barriers of private firm production will be crucial to contain or even reduce national emissions. (Less)
Please use this url to cite or link to this publication:
author
organization
publishing date
type
Contribution to conference
publication status
unpublished
subject
keywords
China, firm ownership, CO2-emissions, wavelet-analysis
conference name
9th International Conference on Computational and Financial Econometrics (CFE 2015)
language
English
LU publication?
yes
id
d159dae2-f56e-4a26-8249-407810c593d2 (old id 8258159)
date added to LUP
2015-12-03 15:11:42
date last changed
2016-04-16 10:37:34
@misc{d159dae2-f56e-4a26-8249-407810c593d2,
  abstract     = {China has since the 1980s emerged as one of the world’s largest economies and the main emitter of carbon dioxide. Any attempt to combat global warming at the global level is therefore dependent on the future trajectory of Chinese emissions. In this paper we consider the effect of firm ownership on provincial emissions. The hypothesis is that private firms are economically more efficient than non-private firms. Our results support this hypothesis and offer two policy implications to reduce emission growth: First, industrial policies need to focus on productivity enhancing reforms of the non-private sector. Second, continuing structural reforms lifting remaining barriers of private firm production will be crucial to contain or even reduce national emissions.},
  author       = {Andersson, Fredrik N G and Opper, Sonja},
  keyword      = {China,firm ownership,CO2-emissions,wavelet-analysis},
  language     = {eng},
  title        = {Are Capitalists Green? Firm Ownership and Provincial CO2-emissions in China},
  year         = {2015},
}