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The environmental costs of China's industrial development

The environmental costs of China's industrial development
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摘要 This paper estimates China’s industrial costs under the virtual cost accounting approach.The estimation results show that Chinese industries have disbursed an increasing amount of environmental costs since 1992 while expanding environmental investment;China’s industrial cleanness has been on the rise since 1998;the virtual industrial environmental costs have been in decline since 1998.In 2007,the total industrial environmental costs accounted for merely 0.73%of gross industrial output value and only 2.52%of industrial value added;the virtual environmental costs accounted for merely 0.23%of gross industrial output value and only 0.81%of industrial value added.These figures indicate that the effects of environmental costs on the international competitiveness of Chinese industries are very limited even if China complies with the highest environmental standards. This paper estimates China’s industrial costs under the virtual cost accounting approach.The estimation results show that Chinese industries have disbursed an increasing amount of environmental costs since 1992 while expanding environmental investment;China’s industrial cleanness has been on the rise since 1998;the virtual industrial environmental costs have been in decline since 1998.In 2007,the total industrial environmental costs accounted for merely 0.73%of gross industrial output value and only 2.52%of industrial value added;the virtual environmental costs accounted for merely 0.23%of gross industrial output value and only 0.81%of industrial value added.These figures indicate that the effects of environmental costs on the international competitiveness of Chinese industries are very limited even if China complies with the highest environmental standards.
出处 《China Economist》 2009年第3期52-60,共9页 中国经济学人(英文版)
基金 "Developing Technologies for Dynamic Simulation of Cross-Regional Economic Development (2006BAC18B03)", a research project under the National Science and Technology Support Program.
关键词 ENVIRONMENTAL COST VIRTUAL COSTS INDUSTRIAL POLLUTION Environmental cost Virtual costs Industrial pollution
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