Research On Regional Impact Of Carbon Tax Policy

China,as the world's largest carbon emitter,faced with the dual high pressure of emissions reduction from the international and domestic community.Carbon tax is considered as a cost-effective means of reducing emissions by the majority of economists and scholars,and give rise to a large number of related research.However,there is still lack of analysis about to sort out the literature and characteristics of carbon tax research.Therefore,this paper focuses on the carbon tax policy.First,the paper attempts to identify the carbon tax literature from the quantitative and qualitative aspects by using the bibliometric analysis to capture the research status,development trend and related hot issues of carbon tax.Second,based on the multi-regional inputoutput model,this paper discusses the effects of carbon tax on the China's eight regional economic and the short-term competitiveness of industrial sectors under the different accounting principles of carbon emissions.Finally,on the basis of the dynamic panel model,we also want to examine the green paradox effects of environmental policy's implantations from the Chinese-style fiscal decentralization perspective.The major conclusions of this paper are as follows: First,the results shows that the research on carbon tax exhibits a rising trend in recent years.The main research focuses in the carbon tax field including climate change and relevant policy,carbon emissions trading,socio-economic effects of carbon tax,renewable energy,endogenous technological change and carbon capture and storage.Second,there are significant differences in the carbon accounting of China's eight regions in 2007 under the production-based and consumption-based principles.In addition,the impacts of carbon tax on China's regional economic and short-term competitiveness of the industrial sector are also significantly different in different carbon accounting principles.In general,the carbon tax levied on the basis of production-side emission is beneficial to the economically developed regions such as the Beijing-Tianjin,the eastern coastal and the southern coastal region,while the taxation according to the consumption-side emission principle is favorable to the northeastern,the central,the northwest and the southwest region where economic development is relatively backward.Taking into account the consumption-side emission principle is based on the final level of demand,so it maybe better illustrates the meaning of fairness.Third,this study also shows that accompanied by GDP-oriented government performance evaluation mechanism,Chinese-style fiscal decentralization makes the central government's emission reduction demands conflict with the purpose of local officials to pursue economic development,leading to environmental policy's inevitable implementation lag or incomplete enforcement.Eventually the carbon emissions increase rather than decrease and that a green paradox occurs.Therefore,these results will help us to better understand the implementation of environmental policies(such as carbon tax),to achieve the goal of reducing carbon emissions and the construction of a beautiful China.