Simulation Analysis of Carbon Tax’s Impact on China’s Economy Based on Dynamic CEG Model

Abstract

AbstractThis paper constructs a multi sector recursive dynamic computable general equilibrium model, analyzes the impact of carbon tax on China’s economy and carbon intensity, considering the reality of China’s economic development and carbon emission reduction, and discusses the impact of carbon tax on China’s economic growth, social welfare, income consumption of rural and urban residents, and output of various sectors under the tax return policy, and from 2020 From the perspective of 2030 emission reduction target, the long-term effects of carbon tax on carbon emissions, carbon intensity, and non-fossil energy consumption structure change under different scenarios are compared.KeywordsCarbon taxDynamic CGE modelTax returnEmission reduction target