IDEAS home Printed from https://ideas.repec.org/a/taf/jenpmg/v68y2025i9p2092-2122.html
   My bibliography  Save this article

Green tax system and corporate carbon emissions – a quasi-natural experiment based on the environmental protection tax law

Author

Listed:
  • Wei Xu
  • Mingzhu Li

Abstract

The green tax system is an important tool for the government to coordinate the contradiction between economic development and environmental governance using fiscal instruments, and green tax reform can play a regulatory role in carbon emissions. This study analyzes the impact of the green tax system on carbon emissions of industrial enterprises by using the difference-in-differences model based on panel data for A-share listed industrial enterprises from 2014-2021 in China. The results show that: (1) Environmental Protection Tax Law significantly reduces corporate carbon emissions; (2) Among state-owned and heavy polluting industrial enterprises, enterprises with low financing constraints and a high degree of regional marketization, this negative effect is more pronounced; (3) Environmental Protection Tax Law motivates enterprises to implement carbon emission reduction activities through two paths: increased environmental protection investment and improved green innovation, thus promoting the transition to low-carbon development.

Suggested Citation

  • Wei Xu & Mingzhu Li, 2025. "Green tax system and corporate carbon emissions – a quasi-natural experiment based on the environmental protection tax law," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 68(9), pages 2092-2122, July.
    • Handle: RePEc:taf:jenpmg:v:68:y:2025:i:9:p:2092-2122
    DOI: 10.1080/09640568.2024.2307524
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/09640568.2024.2307524
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/09640568.2024.2307524?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jenpmg:v:68:y:2025:i:9:p:2092-2122. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CJEP20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.