Constructing a Carbon Pricing Model for the Iron and Steel Industry in the Context of China's National Carbon Market Expansion
Abstract
price model with intertemporal and spatial effects, we find Tangshan's carbon shadow price at RMB 1, 020.7/t–15.1% above conventional estimates. Positive spatial spillovers (indirect effect 23.6%) are significant. Ignoring spatiotemporal effects underestimates carbon costs. Results
support differentiated pricing, regional coordination, and quota optimization.
Keywords
Full Text:
PDFReferences
[1] Zhou J.Y., Feng L.Y., Zhu J.H. A carbon emission rights value measurement model based on biophysical economics. Chinese Journal of
Management Science, 2023, 31(10): 96-105.
[2] Gao R.Q. Research on carbon emission reduction paths and effects of steel enterprises in the context of carbon emission trading. Master's thesis, Beijing Foreign Studies University, 2025.
[3] Ji H.J., Yang J., Cong J.H., et al. Dynamic benchmarking for the steel industry from the perspective of stable carbon market expansion:
Based on survey data of steel enterprises in Shanxi Province. Resources Science, 2025, 47(4).
[4] Zhu H. The impact of China's carbon emission trading mechanism on the performance of regulated enterprises: Based on the SCP paradigm. Times of Economy & Trade, 2025, 22(576)(1).
[5] Chen X., Xu J.T. Estimation of Pollutant Shadow Prices for Chemical Enterprises Based on a Parameterized Directional Distance Function. Acta Scientiarum Naturalium Universitatis Pekinensis, 2021, 57(2): 341-350.
DOI: http://dx.doi.org/10.70711/frim.v4i7.9870
Refbacks
- There are currently no refbacks.
