Data for: Estimating the Marginal Abatement Cost Curve of CO2 Emissions in China: Provincial Panel Data Analysis

Abstract of associated article: This paper estimates the Marginal Abatement Cost Curve (MACC) of CO2 emissions in China based on a provincial panel for the period of 2001–2010. The provincial marginal abatement cost (MAC) of CO2 emissions is estimated using a parameterized directional output distance function. Four types of model specifications are applied to fit the MAC-carbon intensity pairs. The optimal specification controlling for various covariates is identified econometrically. A scenario simulation of China's 40–45% carbon intensity reduction based on our MACC is illustrated. Our simulation results show that China would incur a 559–623Yuan/t (roughly 51–57%) increase in marginal abatement cost to achieve a corresponding 40–45% reduction in carbon intensity compared to its 2005 level.

关联论文摘要：本文基于2001—2010年省级面板数据，对中国二氧化碳（CO₂）排放的边际减排成本曲线（Marginal Abatement Cost Curve，MACC）展开估算。研究采用参数化方向性产出距离函数（directional output distance function），测算中国各省份的二氧化碳边际减排成本（Marginal Abatement Cost，MAC）。针对边际减排成本与碳强度的对应关系，本文设置四类模型规格进行拟合，并通过计量经济学方法筛选出控制各类协变量的最优模型设定。基于本文构建的边际减排成本曲线，本文开展了中国碳强度减排40%—45%的情景模拟。模拟结果显示，相较于2005年基准水平，若要实现40%—45%的碳强度降幅，中国的边际减排成本将上升559—623元/吨（约合51%—57%）。