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Information-Driven Carbon Emissions Trading and Firm Green Investment
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DOI:10.1016/j.ribaf.2026.103457.png)
Abstract
En 中文
• ETS significantly promotes firms’ green investment. • The promoting effect is stronger for preventive than for treatment green investment. • ETS generates positive spatial spillover effects within certain distance ranges. • Financing constraints and local enforcement intensity are key channels for ETS’s impact. • ETS effects vary by firm size, ownership, and pollution intensity.
Keywords:
Carbon Emissions Trading
Green Investment
Spatial Spillover
Financing Constraints
Firm Characteristics
Journal
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6.9
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2.7K
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1.0W
