Regional disparities in CO2 abatement from China’s carbon tax:a perspective on interfactor/interfuel substitution
We evaluate the actual achievements of Chinas pendent carbon tax policy in CO2 mitigations from the perspective of interfactor/interfuel substitution.In addition,the analysis is conducted by region given that the interfactor/interfuel elasticities of substitution are discrepant among different areas.The results indicate that an overall 3%reduction in CO2 emissions from the 2008 level can be achieved by levying a carbon tax at 50 Yuan per ton.In particular,the East coast area achieves substantial CO2 abatement mainly attributed to its negative own-price elasticity of electricity and the complementarity between coal and electricity,while some adverse effects in CO2 mitigation are observed in the areas of Northeast and Midland due mainly to the positive own-price elasticity of coal and the strong substitutability between coal and electricity,respectively.
Carbon tax CO2 abatement interfactor and interfuel substitution regional disparities
Mian Yang Fuxia Yang Hui Hu
School of Economics and Management,Wuhan University,Wuhan 430072,China;Center of Population,Resource College of economics & management/College of land management,Huazhong Agricultural University,Wuhan4 School of Economics and Management,Wuhan University,Wuhan 430072,China
国际会议
桂林
英文
1-13
2013-07-16（万方平台首次上网日期，不代表论文的发表时间）