@article{Liu_You_2023, title={The Driving Force of CO2 Reduction in China’s Industries}, volume={1}, url={https://anser.press/index.php/fel/article/view/122}, DOI={10.58567/fel01010005}, abstractNote={<p>We employ the joint production decomposition model to conduct a full decomposition of CO2 emission among 36 industrial sectors in China from 1998 to 2011, under the framework of growth accounting. The results show that: (1) the average CO2 emission increases at an annual rate of 3.01%, and production technology progression is the main driving force, while the transformation toward clean production effectively curb the rapid growth of CO2 emissions; (2) the effect of technology changes on CO2 emission is larger during the "10th Five-Year Plan" compared with the "11th Five-Year Plan", which makes the annual growth rate of CO2 emission during the "11th Five-Year Plan" 1% lower than its counterpart; This study has important theoretical and practical significance for understanding the driving factors of CO2 emission and the corresponding emission reduction measures.</p>}, number={1}, journal={Financial Economics Letters}, author={Liu, Lu and You, Chengzhao}, year={2023}, month={Mar.}, pages={37–44} }