Abstract
Industrial transfer plays a crucial role in regional carbon reduction efforts in China. This study conducted a systematic analysis of the carbon reduction impact of industrial transfer, focusing on factor flow, and performed empirical tests using Chinese provincial data from 2003 to 2019 with a spatial regression model. The key findings are as follows: (1) Industrial transfer significantly influences carbon emissions, with varying effects depending on the factor flow. Capital and technology flows contribute to carbon emission reduction, while labor flow generally has a negligible impact. (2) Over time, the environmental impact of capital and technology flows intensifies, whereas the influence of labor flow diminishes. (3) Regional variations exist in the impact of industrial transfer on carbon emissions based on the factor flow perspective.