IDEAS home Printed from https://ideas.repec.org/a/wsi/ccexxx/v16y2025i04ns2010007824400062.html
   My bibliography  Save this article

The Impact Of China’S €Œdual-Carbon Goal†On The Stock Market: Evidence From The Photovoltaic Industry

Author

Listed:
  • CHUANGYE YAN

    (School of Management, Qingdao City University, 79 Tieqishan Road, Chengyang District, Qingdao, Shandong 266106, P. R. China)

  • MINGJUN HE

    (School of Management, Qingdao City University, 79 Tieqishan Road, Chengyang District, Qingdao, Shandong 266106, P. R. China)

  • FANG LI

    (School of Management, Qingdao City University, 79 Tieqishan Road, Chengyang District, Qingdao, Shandong 266106, P. R. China)

  • LILI ZHU

    (��School of Business, Shenandoah University, 1460 University Drive, Winchester, VA 22601, USA)

Abstract

After the Chinese government’s announcement to achieve the goal of “carbon peaking and carbon neutrality†, the solar photovoltaic power generation industry in the country has experienced rapid development. This paper examines the impact of China’s “dual-carbon†goal on the country’s photovoltaic industry. Photovoltaic companies listed on the stock market are selected and the stock price data of these selected companies from June 1, 2020 to January 28, 2022 are tested for potential structural changes. The paper adopts the Quandt–Andrews test and the results show that the four selected companies have indeed undergone structural changes within one year after the announcement of the dual-carbon goal, and that the demand for photovoltaic power generation equipment has increased significantly. Finally, some suggestions are put forward for enhancing the photovoltaic industry after the COVID-19 pandemic.

Suggested Citation

  • Chuangye Yan & Mingjun He & Fang Li & Lili Zhu, 2025. "The Impact Of China’S €Œdual-Carbon Goal†On The Stock Market: Evidence From The Photovoltaic Industry," Climate Change Economics (CCE), World Scientific Publishing Co. Pte. Ltd., vol. 16(04), pages 1-8, November.
    • Handle: RePEc:wsi:ccexxx:v:16:y:2025:i:04:n:s2010007824400062
    DOI: 10.1142/S2010007824400062
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S2010007824400062
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S2010007824400062?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

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    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:wsi:ccexxx:v:16:y:2025:i:04:n:s2010007824400062. 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: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/cce/cce.shtml .

    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.