This paper estimates the macroeconornic costs of CO2 emission reduction in China employing the input-output analysis with the multi-objective programming approach. The results show that the effect of reducing CO2 emis...This paper estimates the macroeconornic costs of CO2 emission reduction in China employing the input-output analysis with the multi-objective programming approach. The results show that the effect of reducing CO2 emissions on China's economy is significant. Under the present conditions, the estimated macroeconomic costs of CO2 emission reduction in 2010 for China are approximately 3,100-4,024 RMB t-1. The stronger the abatement actions, the higher the macroeconomic costs of per unit emission reduction would be. Excavation industry, oil industry, chemical industry, and metal smelting industry have high potential to abate their CO2 emissions.展开更多
Using the adjusted E1 Serafy user cost approach to estimate the depletion cost of coal resources, this paper demonstrates that user cost exists in the exploitation of China's coal resources and has increased rapidly ...Using the adjusted E1 Serafy user cost approach to estimate the depletion cost of coal resources, this paper demonstrates that user cost exists in the exploitation of China's coal resources and has increased rapidly with the substantial growth of coal output. It is necessary to levy a resource tax that reflects the real cost of coal resources. The results of our calculations show that from 1992 to 2009, the theoretical ad valorem coal tax rate determined in accordance with the user cost fluctuated between 2 and 14 percent. A further analysis of the impact of an ad valorem coal tax on the Chinese macroeconomy with a dynamic computable general equilibrium (CGE) model shows that a tax rate of 5-12 percent for coal resources would better reflect the cost of depletion of coal as a scarce resource, with the macroeconomic impact falling within the acceptable range. Therefore, resource tax reform is significant for China's sustainable development.展开更多
基金supported by the National Natural Science Foundation of China under Grant Nos. 70825001 and 70941039
文摘This paper estimates the macroeconornic costs of CO2 emission reduction in China employing the input-output analysis with the multi-objective programming approach. The results show that the effect of reducing CO2 emissions on China's economy is significant. Under the present conditions, the estimated macroeconomic costs of CO2 emission reduction in 2010 for China are approximately 3,100-4,024 RMB t-1. The stronger the abatement actions, the higher the macroeconomic costs of per unit emission reduction would be. Excavation industry, oil industry, chemical industry, and metal smelting industry have high potential to abate their CO2 emissions.
基金the special research project "Reform of China's Energy Policy."financial support from a number of research funds, including the Low-carbon Project of the Energy Economy and Low-carbon Development Institute of New Huadu Business School for which the author works+2 种基金the Major Projects of the National Social Sciences Foundation (No. 09&ZD050)the Key Projects of the National Social Sciences Foundation (No. 08AJY022)the Major Projects of the Ministry of Education (No. 10JZD0018)
文摘Using the adjusted E1 Serafy user cost approach to estimate the depletion cost of coal resources, this paper demonstrates that user cost exists in the exploitation of China's coal resources and has increased rapidly with the substantial growth of coal output. It is necessary to levy a resource tax that reflects the real cost of coal resources. The results of our calculations show that from 1992 to 2009, the theoretical ad valorem coal tax rate determined in accordance with the user cost fluctuated between 2 and 14 percent. A further analysis of the impact of an ad valorem coal tax on the Chinese macroeconomy with a dynamic computable general equilibrium (CGE) model shows that a tax rate of 5-12 percent for coal resources would better reflect the cost of depletion of coal as a scarce resource, with the macroeconomic impact falling within the acceptable range. Therefore, resource tax reform is significant for China's sustainable development.