主题：

The unintended consequence of trade liberalization: Input tariff reduction and firm energy rebound effect in China

摘要：

  This paper studies the impact of input tariff reductions on firms' energy rebound effect in China. We present a theoretical framework to elucidate how input tariff reduction shapes the factor substitution and output expansion that determine the rebound effect. Our empirical strategy employs a difference-in-difference-in-differences method that is robust to endogeneity concerns regarding energy efficiency and compares the energy rebound effect of Chinese manufacturing firms across industries that experienced varying degrees of input tariff reductions following WTO accession. We find that firms more affected by input tariff reductions experience a significantly larger exacerbation in their energy rebound effect than those less affected. We also find evidence suggesting that output expansion rather than input substitution dominates this effect. Our results highlight the hidden environmental cost of trade liberalization, that is, an intensified energy rebound effect leads firms to fail to realize anticipated energy savings and reductions in greenhouse gas emissions following improvements in energy efficiency.

个人简介：

刘学悦，复旦大学yl23455永利副教授、复旦-图卢兹创新与数字经济研究院研究员，主要研究领域包括产业政策与企业行为、创新与数字经济、能源与环境经济学，相关成果发表在《经济研究》《金融研究》、Canadian Journal of Economics、Economic Inquiry、Journal of Economic Behavior & Organization等中英文经济学期刊，论文获得教育部高等学校科学研究优秀成果奖（人文社会科学）青年成果奖、上海市哲学社会科学优秀成果二等奖，主持国家自然科学基金青年科学基金项目、教育部人文社会科学研究青年基金项目，入选上海市“晨光计划”。