碳排放权交易的政企演化博弈与实证研究OACHSSCD

In the context of the deepening global climate governance,China's carbon regulation system is undergoing a transformation from the traditional command-based model to a market-based model centered on carbon emission rights trading.To explore the mechanism and effect of market-based carbon regulation on enterprises' low-carbon technological innovation during this transformation process,this paper first constructs,based on actual data from the carbon market,a government-enterprise evolutionary game model,and systematically analyzes the strategic interactions between the government and enterprises before and after the introduction of the carbon emission rights trading mechanism,as well as the influencing factors.Then,using the difference-in-differences model based on the data of A-share listed companies from 2010 to 2024,an empirical test is conducted.The study finds that the carbon emission rights trading price plays a core regulatory role in the government-enterprise game,conveys effective market signals and economic incentives to enterprises,and drives their low-carbon technological transformation;the implementation of the carbon emission rights trading policy significantly improves the level of enterprises' low-carbon technological innovation,and this promoting effect is particularly evident for non-polluting enterprises and high-tech enterprises.This research provides theoretical and empirical references for improving the market-based carbon regulation and stimulating enterprises' green innovation.