碳排放权交易、企业绿色创新与全要素生产率

基于2011—2019年碳排放权交易试点企业的面板数据，运用双重差分模型与中介效应模型实证检验碳排放权交易对企业全要素生产率的影响，并剖析绿色创新在其中发挥的作用。结果表明，碳排放权交易显著促进了企业全要素生产率的提升，且绿色创新在碳交易与全要素生产率提升方面发挥了中介作用。因此应加快全国统一碳排放权交易市场建设，激励企业加大绿色技术研发投入，以绿色创新驱动高质量发展。

Carbon Emission Trade Exchange, Green Innovation and Total Factor Productivity

Based on panel data of enterprises of China Carbon Emission Trade Exchange from 2011 to 2019, the impact of carbon emissions trade exchange on enterprises'' total factor productivity are empirically examined by using the difference-in-differences model and the mediating effect model, and the mechanism of the role played by green innovation is analyzed. The results show that carbon emission trade exchange significantly promotes the improvement of total factor productivity of enterprises, and green innovation plays a mediating role in carbon trading and total factor productivity improvement. Therefore, it is suggested to accelerate the construction of the unified national carbon emission trading market, encourage enterprises to increase green technology R&D spending and pursue green innovation-driven development.