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Abstract:
We employ an extended dynamic stochastic general equilibrium (DSGE) model with Chinese macroeconomic data to evaluate suitable carbon mitigation policies in China. The results show that the carbon tax has a greater economic impact with a shorter duration, which is suitable for the rigorous reduction target. The carbon trading scheme has a relatively small impact on the economy and is more suitable for long-term emission reduction demand. Energy consumption structural adjustment promotes carbon emission reduction and technology shock dominates in macroeconomic fluctuation when the economy faces multiple different exogenous shocks.
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Source :
ICEME 2019: 019 10TH INTERNATIONAL CONFERENCE ON E-BUSINESS, MANAGEMENT AND ECONOMICS
Year: 2019
Page: 1-5
Language: English
Cited Count:
WoS CC Cited Count: 32
SCOPUS Cited Count:
ESI Highly Cited Papers on the List: 0 Unfold All
WanFang Cited Count:
Chinese Cited Count:
30 Days PV: 7
Affiliated Colleges: