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Will Carbon Tax Yield Employment Double Dividend for China?

Author

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  • Jinghua Zhang

    (National Tax Institute of SAT, Yangzhou, China)

  • Wenzhen Zhang

    (National Tax Institute of SAT, Yangzhou, China)

Abstract

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.

Suggested Citation

  • Jinghua Zhang & Wenzhen Zhang, 2013. "Will Carbon Tax Yield Employment Double Dividend for China?," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 3(4), pages 124-131, April.
    • Handle: RePEc:mir:mirbus:v:3:y:2013:i:4:p:124-131
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    References listed on IDEAS

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    Cited by:

    1. Liu, Yu & Lu, Yingying, 2015. "The Economic impact of different carbon tax revenue recycling schemes in China: A model-based scenario analysis," Applied Energy, Elsevier, vol. 141(C), pages 96-105.

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