Volume 3, Issue 4 (December, 2024) – 3 articles
Cover Picture: Serving as the backbone of economic development, industrial parks have strong implications for reducing carbon emissions in China under the “carbon peak and carbon neutrality” background. This study explores the carbon emission reduction effects of three different types of national-level industrial parks on prefectural-level cities in China, including economic and technological development zones (ETDZs), eco-industrial demonstration parks (EIDPs), and low-carbon industrial parks (LCIPs). Data on 204 prefectural-level cities over the period of 1999 to 2019 were examined by using the difference-in-differences method and the mediating effect model. The study revealed that (1) the three types of industrial parks significantly reduced the intensity of city carbon emissions by 1,155, 395, and 450 tons per million CNY, respectively; (2) There existed lag effects of 7 years for the ETDZ and 3 years for the EIDP; (3) Industrial structure exhibited significant mediating effects, with ETDZ and EIDP reducing city carbon emission intensity by 58 and 56 tons per million CNY, respectively; (4) Strong heterogeneity in the effects was found, arising from the differences in geographical location, resources endowment, and amount of industrial parks; and (5) ETDZ and EIDP reduced the carbon emission intensity of neighboring cities by 174 and 144 tons per million CNY, respectively, while LCIP increased that by 686 tons per million CNY. The major contribution of this study is analyzing the city-level impacts of ETDZ, EIDP, and LCIP, three different types of national industrial park policies with different implementation periods, regional distributions, and policy focuses. This not only fills a gap in the analyses of ETDZ and LCIP policies in this area of research, but also draws analogies and contrasts between the effects of the three different policies. This study suggests that the stability and long-term nature of industrial park policies be maintained and further transformation and upgrading of industrial structure be attained. Additionally, intercity coordination could be introduced or enhanced.
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