Abstract
This paper investigates the effects and probable mechanisms of micro land price on firm carbon emission intensity in the context of the current globally green and low-carbon transition. Theoretical and empirical research reveal that rising firm land price significantly increase carbon emission intensity across two channels: the financing constraint and the innovation performance. Furthermore, the impact of land price is greater for firms from the central and western regions, high environmental regulation regions, non-state-owned firms, and firms that acquired land through bid invitation, auction and listing. This paper introduces the micro land factor perspective into the field of low carbon development for the first time, providing evidence from developing countries for reducing carbon emission intensity.
JEL：A14; B21; C51; D21