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DOI | 10.1007/s11356-024-32070-1 |
Evaluating the carbon total factor productivity of China: based on Cobb-Douglas production function | |
发表日期 | 2024 |
ISSN | 0944-1344 |
EISSN | 1614-7499 |
起始页码 | 31 |
结束页码 | 9 |
卷号 | 31期号:9 |
英文摘要 | This paper introduces a novel methodology for estimating carbon total factor productivity based on the Cobb-Douglas production function. The research method introduced in this article expands upon the framework for assessing total factor productivity through the Solow residual method. It unifies the conceptual and methodological aspects of carbon total factor productivity with those of single factor productivity. Utilizing panel data from various provinces between 2010 and 2021, we computed carbon total factor productivity to understand its implications for China in combating global climate change. We demonstrate that (i) we have introduced a method to handle negative coefficients in the Cobb-Douglas production function by incorporating productivity in lieu of input factors during calculations. (ii) Carbon total factor productivity, encapsulating the geometric weighted mean of labor, capital, and carbon productivity, holds notable economic relevance. Further, it serves as an integrative metric comprising carbon productivity intertwined with the mean labor and capital carbon factors. And (iii) the influence of carbon total factor productivity growth on economic progression remains relatively subdued, with escalating labor force growth posing detrimental effects on several provincial economies. Enhancing carbon total factor productivity emerges as an imperative to harmonize robust economic growth with strategic carbon curtailment. Our analytical framework provides nuanced perspectives on productivity determinants, accentuating the thrust towards sustainable evolution amidst climatic challenges. This investigation bears profound significance for policymakers endeavoring to sculpt a carbon-conscious economic paradigm in consonance with global climatic ambitions. |
英文关键词 | Climate change; Low-carbon development; Carbon total factor productivity; C-D production function; Labor productivity; Capital productivity; Carbon productivity; D24; O47; O57 |
语种 | 英语 |
WOS研究方向 | Environmental Sciences & Ecology |
WOS类目 | Environmental Sciences |
WOS记录号 | WOS:001149679900008 |
来源期刊 | ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/289783 |
作者单位 | Tianjin University |
推荐引用方式 GB/T 7714 | . Evaluating the carbon total factor productivity of China: based on Cobb-Douglas production function[J],2024,31(9). |
APA | (2024).Evaluating the carbon total factor productivity of China: based on Cobb-Douglas production function.ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH,31(9). |
MLA | "Evaluating the carbon total factor productivity of China: based on Cobb-Douglas production function".ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH 31.9(2024). |
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