Keywords
carbon tax policy, technological impact of manufacturers, economic growth, environmental quality, DSGE model
Abstract
A dynamic stochastic general equilibrium (DSGE)model with economic and environmental systems is constructed to study the dynamic effects of carbon tax policy impact,technology impact of clean firms and technology impact of polluting firms on macroeconomic and environmental quality under the background of "dual carbon" target.The results show that the above three impacts can achieve the "win-win"situation of total social output level and environmental quality.Technology shock of heterogeneous firms has an inhibiting effect on the output of other firms,and the positive effect of technology shock of polluting firms on the output of polluting firms is greater than that of clean firms.The response degree of investment to the three shocks is greater than the response degree of consumption,which indicates that investment is the main transmission way of China’s economic growth.
DOI
10.16315/j.stm.2021.04.008
Recommended Citation
WANG, Zhong-hua and CHEN, Si-yu
(2021)
"Research on the dynamic effects of carhon tax poliey and technological impact of manufacturers under DSGE model,"
Journal of Science and Technology Management: Vol. 23:
Iss.
4, Article 8.
DOI: 10.16315/j.stm.2021.04.008
Available at:
https://jstm.researchcommons.org/journal/vol23/iss4/8
