Does the Low-Carbon City Pilot Policy Improve the Urban Land Green Use Efficiency?—Investigation Based on Multi-Period Difference-in-Differences Model

Improving urban land green use efficiency (ULGUE) is an effective way to increase social, economic, and ecological benefits and achieve regional sustainable development goals. This study takes three batches of low-carbon pilot cities construction as a quasi-natural experiment and investigates the impact of low-carbon pilot construction on ULGUE through the multi-period difference-in-differences method and spatial Dubin difference model (SDM-DID). The results show that (1) from 2006 to 2019, ULGUE in China increased. From the aspect of space, ULGUE in China gradually decreased from west to east, showing an obviously high agglomeration phenomenon in Beijing–Tianjin–Hebei and the Pearl River Delta; (2) after the robustness test, parallel trend test, and endogenous test, it is found that the conclusion that the low-carbon pilot construction can effectively improve ULGUE is still relevant and can indirectly improve ULGUE in the local region through fund allocation, talent gathering, and industrialization; and (3) the national ULGUE has significant positive spatial correlation. The results of the SDM-DID model confirm that the low-carbon pilot policy can produce the significant spatial spillover and drive the common advance of ULGUE in neighboring regions. Therefore, the resources and environmental conditions in each city are supposed to be taken into full consideration theoretically. Furthermore, it is necessary to effectively promote the development of ULGUE by strengthening the linkage of green production factors between different cities, so as to make meaningful contributions to promoting China’s overall green development.