{"title":"服务业自由化与企业碳排放强度降低:来自中国的证据","authors":"Jiaxuan Gao , Yanling Wang , Hongjun Xie","doi":"10.1016/j.asieco.2025.101956","DOIUrl":null,"url":null,"abstract":"<div><div>This paper examines the impact of service sector liberalization on downstream manufacturing firms’ carbon emission intensity in China. We quantify China’s service sector liberalization through its policy changes towards foreign direct investment (FDI) and build a composite index of manufacturing firms’ exposure to service sector liberalization as a weighted average of service sectors’ liberalization with their respective input shares. We find that service sector liberalization significantly reduces manufacturing firms’ CO<sub>2</sub> emission intensity through inter-industry economic linkages. Our results are robust with two other measures of pollution emission intensities, two alternative measures of service sector liberalization and after correcting endogeneity. We also find that greater productivity enhances the reduction effect. Further, firms’ response is heterogeneous: the impact of service sector liberalization on firms’ CO<sub>2</sub> emission intensity reduction is 81 % larger for state-owned enterprises (SOEs) than for non-SOEs; and 105 % larger for large firms than for small- and medium-sized firms.</div></div>","PeriodicalId":47583,"journal":{"name":"Journal of Asian Economics","volume":"99 ","pages":"Article 101956"},"PeriodicalIF":2.9000,"publicationDate":"2025-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Service sector liberalization and firms’ carbon emission intensity reduction: Evidence from China\",\"authors\":\"Jiaxuan Gao , Yanling Wang , Hongjun Xie\",\"doi\":\"10.1016/j.asieco.2025.101956\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>This paper examines the impact of service sector liberalization on downstream manufacturing firms’ carbon emission intensity in China. We quantify China’s service sector liberalization through its policy changes towards foreign direct investment (FDI) and build a composite index of manufacturing firms’ exposure to service sector liberalization as a weighted average of service sectors’ liberalization with their respective input shares. We find that service sector liberalization significantly reduces manufacturing firms’ CO<sub>2</sub> emission intensity through inter-industry economic linkages. Our results are robust with two other measures of pollution emission intensities, two alternative measures of service sector liberalization and after correcting endogeneity. We also find that greater productivity enhances the reduction effect. Further, firms’ response is heterogeneous: the impact of service sector liberalization on firms’ CO<sub>2</sub> emission intensity reduction is 81 % larger for state-owned enterprises (SOEs) than for non-SOEs; and 105 % larger for large firms than for small- and medium-sized firms.</div></div>\",\"PeriodicalId\":47583,\"journal\":{\"name\":\"Journal of Asian Economics\",\"volume\":\"99 \",\"pages\":\"Article 101956\"},\"PeriodicalIF\":2.9000,\"publicationDate\":\"2025-05-15\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Asian Economics\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1049007825000806\",\"RegionNum\":3,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Asian Economics","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1049007825000806","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
Service sector liberalization and firms’ carbon emission intensity reduction: Evidence from China
This paper examines the impact of service sector liberalization on downstream manufacturing firms’ carbon emission intensity in China. We quantify China’s service sector liberalization through its policy changes towards foreign direct investment (FDI) and build a composite index of manufacturing firms’ exposure to service sector liberalization as a weighted average of service sectors’ liberalization with their respective input shares. We find that service sector liberalization significantly reduces manufacturing firms’ CO2 emission intensity through inter-industry economic linkages. Our results are robust with two other measures of pollution emission intensities, two alternative measures of service sector liberalization and after correcting endogeneity. We also find that greater productivity enhances the reduction effect. Further, firms’ response is heterogeneous: the impact of service sector liberalization on firms’ CO2 emission intensity reduction is 81 % larger for state-owned enterprises (SOEs) than for non-SOEs; and 105 % larger for large firms than for small- and medium-sized firms.
期刊介绍:
The Journal of Asian Economics provides a forum for publication of increasingly growing research in Asian economic studies and a unique forum for continental Asian economic studies with focus on (i) special studies in adaptive innovation paradigms in Asian economic regimes, (ii) studies relative to unique dimensions of Asian economic development paradigm, as they are investigated by researchers, (iii) comparative studies of development paradigms in other developing continents, Latin America and Africa, (iv) the emerging new pattern of comparative advantages between Asian countries and the United States and North America.