Title: Analysis of the effects of environmental policy on the sustainability of China's economic——Based on CGE model
Abstract: Chinese economy has been growing over 9% per annum on average for the last 20 years. But Chinese economic growth cause severe damages to the environment. To solve the environmental constraints on economic growth is the key to sustainable development. This dissertation constructs a CGE model based on green GDP social budgeting matrix,and analyzes the impact of increasing taxes on pollutants discharge,subsidies on pollution treatment on sustainable economic development. Based on numerical simulation,pollution tax will have contraction effect on macro- economy. The contraction effects of pollution taxes will be varying on different industries. Increasing subsidies on pollution treatment will bring positive effects throughout the economy.
Publication Year: 2013
Publication Date: 2013-01-01
Language: en
Type: article
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