The impact of clean energy demonstration province policies on carbon intensity, carbon dioxide emissions, and economic development level in Chinese counties - Verification based on the multi-phase PSM-DID method from empirical data of county-level administrative units in China

Abstract Based on China's empirical data from 2000 to 2020 of 1875 county-level administrative units, combined with the multi-period by the propensity score matching and difference-in-difference (PSM-DID) model, this paper studies the impact of clean energy demonstration province policies on the carbon intensity of pilot counties, and its further impact on carbon dioxide emissions and economic development level. The results showed that: 1. from a county-level perspective, although the economic development level of the pilot areas of clean energy demonstration provinces has improved as the carbon dioxide emissions have also increased, what’s more, the carbon intensity has also significantly improved in this process; 2. There is no time lag in the impact of policies on the carbon intensity of counties, and the impact effects gradually increase over time along with strong regional heterogeneity; 3. The clean energy demonstration policy has weakened the technological level of the county and reduced the proportion of industrial-added value to GDP, thereby increasing the carbon intensity of the county through these intermediaries.