000034123 001__ 34123
000034123 041__ $$aEnglish
000034123 100__ $$aGuan, X.
000034123 245__ $$aThe Shadow Prices of Carbon Emissions in China’s Planting Industry
000034123 260__ $$c2018
000034123 300__ $$a753-753
000034123 520__ $$aThe shadow prices of carbon emissions are essential for assessing emission abatement costs and formulating environmental public policies. By adopting the directional distance function method, this paper studies the shadow prices of carbon emissions caused by three main emission sources from China's planting industry for a panel of 30 provinces spanning the period 1997-2014. We find that there is considerable regional heterogeneity in the shadow prices, and, of the 30 provinces, 23 are characterized by decreasing trends while only seven are on the rise over time. This implies that there is inefficiency of resource allocation among provinces, and the capacity for abatement increases during the observed period. The results support the following recommendation: It might be worth attempting to bring agriculture in China into line with its emission rights trading scheme, not only to help motivate the reduction of emissions but also to improve resource allocation. Also, policymakers are required to enhance regional cooperation and facilitate carbon-reduction technology transfer, to improve the immaterial production factors' contribution to planting industry growth. © 2018 by the authors.
000034123 700__ $$aZhang, J.
000034123 700__ $$aWu, X.
000034123 700__ $$aCheng, L.
000034123 773__ $$pSustainability
000034123 773__ $$v10 (3)
000034123 773__ $$a10.3390/su10030753
000034123 8564_ $$uhttp://www.mdpi.com/2071-1050/10/3/753$$yExternal link (open access)
000034123 980__ $$aARTICLE