268
Views
3
CrossRef citations to date
0
Altmetric
2018 International Conference on Energy Finance, April 13-15, 2018, Beijing

The Impacts of an Energy Price Decline Associated with a Carbon Tax on the Energy-Economy-Environment System in China

, , &

References

  • Aydın, L., and M. Acar. 2011. Economic impact of oil price shocks on the Turkish economy in the coming decades: A dynamic CGE analysis. Energy Policy 39 (3):1722–31. doi:10.1016/j.enpol.2010.12.051.
  • Benavente, J. M. G. 2016. Impact of a carbon tax on the Chilean economy: A computable general equilibrium analysis. Energy Economics 57:106–27. doi:10.1016/j.eneco.2016.04.014.
  • Bruvoll, A., and T. Fæhn. 2004. Transboundary environmental policy effects: Markets and emission leakages. Research Department of Statistics Norway series Discussion Papers No. 384.
  • Burbidge, J., and A. Harrison. 1984. Testing for the effects of oil-price rises using vector autoregressions. International Economic Review 25 (2):459–84. doi:10.2307/2526209.
  • Capros, P., L. Paroussos, I. Charalampidis, K. Fragkiadakis, P. Karkatsoulis, and S. Tsani. 2016. Assessment of the macroeconomic and sectoral effects of higher electricity and gas prices in the EU: A general equilibrium modeling approach. Energy Strategy Reviews 9:18–27. doi:10.1016/j.esr.2015.11.002.
  • Chi, Y., Z. Guo, Y. Zheng, and X. Zhang. 2014. Scenarios analysis of the energies’ consumption and carbon emissions in China based on a dynamic CGE model. Sustainability 6 (2):487–512. doi:10.3390/su6020487.
  • Guo, Z., X. Zhang, Y. Zheng, and R. Rao. 2014. Exploring the impacts of a carbon tax on the Chinese economy using a CGE model with a detailed disaggregation of energy sectors. Energy Economics 45 (455–462). doi: 10.1016/j.eneco.2014.08.016.
  • Guo, Z. Q. 2011. The low-carbon economic development policy analysis based on CGE model. PhD. diss., China University of Mining and Technology.
  • Hamilton, J. D. 1983. Oil and the macroeconomy since world war II. Journal of Political Economy 91 (2):228–48. doi:10.1086/261140.
  • He, J. H., K. T. Shen, and S. L. Xu. 2002. CGE model of the carbon tax and carbon dioxide emission reduction. Quantitative and Technical Economics 10:39–47.
  • Ji, Q., and D. Zhang. 2018. China’s crude oil futures: Introduction and some stylized facts. Finance Research Letters in press. doi:10.1016/j.frl.2018.06.005.
  • Ji, Q., D. Zhang, and J. Geng. 2018a. Information linkage, dynamic spillovers in prices and volatility between the carbon and energy markets. Journal of Cleaner Production 198:972–78. doi:10.1016/j.jclepro.2018.07.126.
  • Ji, Q., J. Geng, and A. K. Tiwari. 2018b. Information spillovers and connectedness networks in the oil and gas markets. Energy Economics 75:71–84. doi:10.1016/j.eneco.2018.08.013.
  • Kamata, R., A. Rose, and D. Abler. 1999. The impact of a carbon tax on the Susquehanna River Basin economy. Energy Economics 21:363–84. doi:10.1016/S0140-9883(99)00008-0.
  • Le, T. H., and Y. Chang. 2013. Oil price shocks and trade imbalances. Energy Economics 36 (3):78–96. doi:10.1016/j.eneco.2012.12.002.
  • Liang, Q. M., Y. Fan, and Y. M. Wei. 2007. Carbon taxation policy in China: How to protect energy-and trade-intensive sectors? Journal of Policy Modeling 29 (2):311–33. doi:10.1016/j.jpolmod.2006.11.001.
  • Liu, J., S. Lin, Y. Xia, Y. Fan, and J. Wu. 2015. A financial CGE model analysis: Oil price shocks and monetary policy responses in China. Economic Modelling 51:534–43. doi:10.1016/j.econmod.2015.08.025.
  • Liu, Y., and Y. Lu. 2015. The economic impact of different carbon tax revenue recycling schemes in China: A model-based scenario analysis. Applied Energy 141:96–105. doi:10.1016/j.apenergy.2014.12.032.
  • Maisonnave, H., J. Pycroft, B. Saveyn, and J. Ciscar. 2012. Does climate policy make the EU economy more resilient to oil price rises? A CGE analysis. Energy Policy 47:172–79. doi:10.1016/j.enpol.2012.04.053.
  • Meng, S., M. Siriwardana, and J. McNeill. 2013. The environmental and economic impact of the carbon tax in Australia. Environmental and Resource Economics 54 (3):313–32. doi:10.1007/s10640-012-9600-4.
  • Orlov, A. 2015. An assessment of optimal gas pricing in Russia: A CGE approach. Energy Economics 49:492–506. doi:10.1016/j.eneco.2015.03.013.
  • Orlov, A., and H. Grethe. 2012. Carbon taxation and market structure: A CGE analysis for Russia. Energy Policy 51:696–707. doi:10.1016/j.enpol.2012.09.012.
  • Solaymani, S., and F. Kari. 2013. Environmental and economic effects of high petroleum prices on transport sector. Energy 60:435–41. doi:10.1016/j.energy.2013.08.037.
  • Tan, X. D. 2008. Modeling and application of electric power computable general equilibrium model. PhD diss., North China Electric Power University.
  • Timilsina, G. R. 2015. Oil prices and the global economy: A general equilibrium analysis. Energy Economics 49:669–75. doi:10.1016/j.eneco.2015.03.005.
  • Wang, C. 2003. Climate change policy simulation and uncertainty analysis: A dynamic CGE model of China. PhD diss., Tsinghua University. doi: 10.1007/s00726-003-0001-4.
  • Whalley, J., and R. Wigle. 1991. Cutting CO2 emissions: The effects of alternative policy approaches. Energy Journal 12 (1):109–24. doi:10.5547/ISSN0195-6574-EJ-Vol12-No1-7.
  • Whalley, J., and R. Wigle. 1992. Results for the OECD comparative modelling project from the Whalley–Wiglemodel. OECD Economics Department Working Papers, No. 121.
  • Wissema, W., and R. Dellink. 2007. A CGE analysis of the impact of a carbon energy tax on the Irish economy. Ecological Economics 61 (4):671–83. doi:10.1016/j.eneco.2014.08.016.
  • Wu, Y. J., and X. W. Xuan. 2002. The economic theory of environmental tax and its application. Beijing: Economic Science Press.
  • Xuan, X. W. 2002. Analysis of the effect of a sulfur tax on the Chinese economy based on a CGE model. PhD, diss., Peking University. doi: 10.1044/1059-0889(2002/er01).
  • Zhang, X., Z. Guo, Y. Zheng, J. Zhu, and J. Yang. 2016. A CGE analysis of the impacts of a carbon tax on provincial economy in China. Emerging Markets Finance and Trade 52:1372–84. doi:10.1080/1540496X.2016.1152801.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.