The emission reduction effect and economic impact of an energy tax vs. a carbon tax in China : a dynamic CGE model analysis

Chinese government commits to reach its peak carbon emissions before 2030, which requires China to implement new policies. Using a CGE model, this study conducts simulation studies on the functions of an energy tax and a carbon tax and analyzes their effects on macro-economic indices. The Chinese economy is affected at an acceptable level by the two taxes. GDP will lose less than 0.8% with a carbon tax of 100, 50, or 10 RMB/ton CO2 or 5% of the delivery price of an energy tax. Thus, the loss of real disposable personal income is smaller. Compared with implementing a single tax, a combined carbon and energy tax induces more emission reductions with relatively smaller economic costs. With these taxes, the domestic competitiveness of energy intensive industries is improved. Additionally, we found that the sooner such taxes are launched, the smaller the economic costs and the more significant the achieved emission reductions.

The Economic Impact of Sanctions against Russia: Much ado about very little. CEPS Commentary, November 2015

The decision process leading to the imposition of sanctions against Russia in response to its annexation of Crimea and its subsequent military intervention in Eastern Ukraine has been very difficult for the EU, with some member states claiming that they have been particularly hard hit because exports to Russia are important to their economies. This commentary shows, however, that the economic cost in terms of lost exports, and thus potentially jobs, has in reality been negligible.

Economic impact of Southern European member states exiting the eurozone. Policy Brief #2012/06

While Greece defaulting on its sovereign debt and leaving the European Monetary Union would in and of itself have a relatively minor effect on the world economy, such a move could, however, undermine investor confidence in the Portuguese, Spanish and Italian capital markets and thus provoke not only a sovereign default in those states as well, but also a severe worldwide recession. This would in turn reduce economic growth by a total of 17.2 trillion euros in the world’s 42 largest economies in the lead-up to 2020. Hence it is incumbent upon the community of nations to prevent Greece from a sovereign default as well as leaving the euro, and the domino effect that this event could induce.

Economic impact of effluent regulations on the rum industry, Puerto Rico and U.S. Virgin Islands /

Study conducted by Development, Planning and Research Associates, Inc.

Economic/social impact of occupational noise exposure regulations : testimony presented at the OSHA hearings on the Economic Impact of Occupational Noise Exposure, Washington, D.C.

Mode of access: Internet.

Economic impact of highway snow and ice control. Final report.

Federal Highway Administration, Washington, D.C.

Economic impact of highway snow and ice control. ESIC - user's manual.

Federal Highway Administration, Washington, D.C.

Cost and economic impact of tire reserve load requirements. Final report.

National Highway Traffic Safety Administration, Washington, D.C.

Economic impact of the U.S. port industry : an input output analysis of waterborne transportation /

Bibliography: v. 1, p. 93-95.

U.S. economic impact of the severe winter of 1982

Mode of access: Internet.

Economic impact of combined sewer overflow : regulation (rule 602) in Illinois /

"Project no. 20.137."