Will Carbon Tax Yield Employment Double Dividend for China?
DOI:
https://doi.org/10.18533/ijbsr.v3i4.36Keywords:
Carbon Tax, Employment, Double DividendAbstract
Carbon tax is an important economic means to reduce carbon emission. This paper establishes a Computable General Equilibrium (CGE) model to reflect China’s resource environment where economic growth and employment play a role by analyzing impacts of carbon tax on employment. The CGE model measures short and long-term impacts of carbon tax on employment, and examines whether the employment “double dividend” would be possible. The analysis shows that the demand for employment tends to decrease as a whole, but different groups of employees would be affected in various ways. “Double dividend” will be possible if appropriate carbon tax cycle is in place.Downloads
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