A general equilibrium assessment of economic impacts of provincial unbalanced carbon intensity targets in China

doi:10.1016/j.resconrec.2018.01.032

	A general equilibrium assessment of economic impacts of provincial unbalanced carbon intensity targets in China
	Weng, Zhixiong 2; Dai, Hancheng 3; Ma, Zhongyu 2,4; Xie, Yang 1; Wang, Peng 5
刊名	RESOURCES CONSERVATION AND RECYCLING
	2018-06-01
卷号	133 页码:157-168
关键词	climate change Economic impact Price effect Scale effect IMED/CGE model
ISSN号	0921-3449
DOI	10.1016/j.resconrec.2018.01.032
通讯作者	Dai, Hancheng(dai.hancheng@pku.edu.cn) ; Ma, Zhongyu(mazhy@mail.caas.net.cn)
英文摘要	It is necessary to measure the economic impacts of the attempts to achieve China's carbon emission intensity reduction target. Consequently, this study analyzes the economic impacts of the differentiated CO2 intensity targets between Guangxi Province and the rest of China. An improved two-region computable general equilibrium model with eight scenarios is used. Our results show that different CO2 intensity targets in different regions will affect Guangxi's GDP, carbon price, welfare, and output. The highest reduction target of 75% in the P75C65 scenario in Guangxi will lead to a cost of 0.42% in per capita GDP loss, 0.51% of welfare loss, and a carbon price of 49.4 USD/t. In addition, the output of the energy-intensive sectors is most vulnerable to carbon mitigation policy. The two mechanisms that affect economic indicators are price and scale effects. Under the P75C65 scenario, sectors such as vehicle manufacturing are winners and are affected by both price and scale effects in Guangxi, with export, provincial outflow, domestic supply, and output decreasing by 1.64%, 0.88%, 0.93%, and 0.93%, respectively. In contrast, sectors such as agriculture are losers and are affected by the scale effect, with these four indicators increasing by 1.25%, 0.97%, 0.59%, and 0.73%, respectively. These findings provide valuable insights for policy makers who wish to allocate provincial reduction targets and achieve co-benefits between the economy and the environment.
资助项目	National Key R&D Program of China[2016YEA0602601] ; National Natural Science Foundation of China[71704005] ; National Natural Science Foundation of China[71603248]
WOS关键词	EMISSIONS TRADING SCHEME ; CO2 EMISSIONS ; ALLOCATION ; TAX ; INDUSTRY ; SECTORS ; COMPETITIVENESS ; EFFICIENCY ; REDUCTION ; COUNTRIES
WOS研究方向	Engineering ; Environmental Sciences & Ecology
语种	英语
出版者	ELSEVIER SCIENCE BV
WOS记录号	WOS:000429753900016
资助机构	National Key R&D Program of China ; National Natural Science Foundation of China
内容类型	期刊论文
源URL	[http://ir.giec.ac.cn/handle/344007/23020]
专题	中国科学院广州能源研究所
通讯作者	Dai, Hancheng; Ma, Zhongyu
作者单位	1.Natl Inst Environm Studies, Social & Environm Syst Div, 16-1 Onogawa, Tsukuba, Ibaraki 3058506, Japan 2.Renmin Univ China, Sch Environm & Nat Resources, 59 Zhongguancun St, Beijing 100872, Peoples R China 3.Peking Univ, Coll Environm Sci & Engn, Beijing 100871, Peoples R China 4.State Informat Ctr, 58 Sanlihe Rd, Beijing 100045, Peoples R China 5.Chinese Acad Sci, Guangzhou Inst Energy Convers, 2 Nengyuan Rd,Wushan St, Guangzhou 510640, Guangdong, Peoples R China
推荐引用方式 GB/T 7714	Weng, Zhixiong,Dai, Hancheng,Ma, Zhongyu,et al. A general equilibrium assessment of economic impacts of provincial unbalanced carbon intensity targets in China[J]. RESOURCES CONSERVATION AND RECYCLING,2018,133:157-168.
APA	Weng, Zhixiong,Dai, Hancheng,Ma, Zhongyu,Xie, Yang,&Wang, Peng.(2018).A general equilibrium assessment of economic impacts of provincial unbalanced carbon intensity targets in China.RESOURCES CONSERVATION AND RECYCLING,133,157-168.
MLA	Weng, Zhixiong,et al."A general equilibrium assessment of economic impacts of provincial unbalanced carbon intensity targets in China".RESOURCES CONSERVATION AND RECYCLING 133(2018):157-168.