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An dynamic CGE Research on Influence of China's Energy-saving Emission Reduction in the Fuel Tax Levied

Liu Yi-wen

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Abstract

China's implementation of refined oil tax reform from January 1,2009. Fuel tax is an economic signal,the change would cause an economy full response.In this paper,a dynamic CGE model-MCHUGE model for fuel tax reform on the impact of China's energy-saving emission reduction simulation.Studies have shown that the fuel tax reform in the short and long term can significantly reduce China's energy intensity,the reason is that fuel tax reform to improve optimization of industrial structure of China's economy,the second industry,especially the heavy industry decline in the proportion of GDP,reducing the the overall energy consumption.

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What this paper is about

China's implementation of refined oil tax reform from January 1,2009. Fuel tax is an economic signal,the change would cause an economy full response.In this paper,a dynamic CGE model-MCHUGE model for fuel tax reform on the impact of China's energy-saving emission reduction simulation.Studies have shown that the fuel tax reform in the short and long term can significantly reduce China's energy intensity,the reason is that fuel tax reform to improve optimization of industrial structure of China's economy,the second industry,especially the heavy industry decline in the proportion of GDP,reducing the the overall energy consumption.

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Available abstract

China's implementation of refined oil tax reform from January 1,2009. Fuel tax is an economic signal,the change would cause an economy full response.In this paper,a dynamic CGE model-MCHUGE model for fuel tax reform on the impact of China's energy-saving emission reduction simulation.Studies have shown that the fuel tax reform in the short and long term can significantly reduce China's energy intensity,the reason is that fuel tax reform to improve optimization of industrial structure of China's economy,the second industry,especially the heavy industry decline in the proportion of GDP,reducing the the overall energy consumption.

Key concepts: Computable general equilibrium, Fuel tax, China, Economics, Tax reform, Energy tax, Energy consumption, Natural resource economics

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