THE EMISSIONS REDUCTION EFFECT AND ECONOMIC IMPACT OF AN ENERGY TAX VS. A CARBON TAX IN CHINA: A DYNAMIC CGE MODEL ANALYSIS
| Autor: | Le-Le Zou, Bo Meng, Alan K. Fox, Jinjun Xue |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
Computable general equilibrium
Economics and Econometrics Carbon tax Economic policy 020209 energy 05 social sciences Single tax 02 engineering and technology International economics Tax revenue Value-added tax Economic cost 0502 economics and business 0202 electrical engineering electronic engineering information engineering Economics Energy tax Economic impact analysis 050207 economics |
| Zdroj: | The Singapore Economic Review. 63:339-387 |
| ISSN: | 1793-6837 0217-5908 |
| DOI: | 10.1142/s021759081740015x |
| Popis: | Carbon tax and energy tax are among the hot discussions in China. This study conducts simulation studies on them with a CGE model and analyzes their economic impacts, especially on the energy-intensive sectors. The Chinese economy is affected at an acceptable level by the two taxes in different scenarios. The import and export of energy-intensive industries are changed, leading to improved domestic competitiveness. Compared with implementing a single tax, a combined carbon-energy tax reduces more emissions with relatively smaller economic costs. For China, the sooner such taxes are launched, the smaller the economic costs and the more significant emission reductions. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|