Skip to main content

Impact of Guangdong ETS on Macroeconomy

  • Chapter
  • First Online:
A Brief Overview of China’s ETS Pilots

Abstract

Policy evaluation is an analysis and study of the policy scheme’s effect and efficiency using some methodologies during formulation and implementation of regional policies or afterward, which is for the purpose of improving rationality and effect of the policy. By setting up a series of evaluation criteria and indicators, policy evaluation is able to inform policy-makers and the public of the implementation effect of emissions reduction policies, and demonstrate the essence of such policies and commitments of the proponents.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Daskalakis, G., Markellos, R.N., 2008. Are the European carbon markets efficient. Review of Futures Markets 17, 103–128.

    Google Scholar 

  2. Yuejun Zhang, Yiming Wei, Interpreting the mean reversion of international carbon future price: empirical evidence from the EU ETS [M] System Engineering Theory and Practice, 2011, 31, 214–220.

    Google Scholar 

  3. Hourcade, J.-C., Demailly, D., Neuhoff, K., Sato, M., 2002. Climate Strategies Report: Differentiation and Dynamics of EU ETS Industrial. IMF Staff papers 16, 159–178.

    Google Scholar 

  4. Wissema, W., Dellink, R., 2010. AGE assessment of interactions between climate change policy instruments and pre-existing taxes: the case of Ireland. International Journal of Global Environmental Issues 10, 46–62.

    Google Scholar 

  5. Edwards, T.H., Hutton, J.P., 2001. Allocation of carbon permits within a country: a general equilibrium analysis of the United Kingdom. Energy Economics 23, 371–386.

    Google Scholar 

  6. Böhringer, C., Welsch, H., 2004. Contraction and convergence of carbon emissions: an intertemporal multi-region CGE analysis. Journal of Policy Modeling 26, 21–39.

    Google Scholar 

  7. Yiming Wei, Zhifu Mi, Hao Zhang. Review on climate policy modeling: An analysis based on bibliometrics method [J] Advances in Earth Science. 2013, 28, (8) 930–938.

    Google Scholar 

  8. Ruamsuke, K., Dhakal, S., Marpaung, C.O., 2015. Energy and economic impacts of the global climate change policy on Southeast Asian countries: a general equilibrium analysis. Energy 81, 446–461.

    Google Scholar 

  9. Can Wang, 2003. Climate change policy simulation and uncertainty analysis: a dynamic CGE model of China [D] Beijing: Tsinghua University, 2003.

    Google Scholar 

  10. Dai, H., Masui, T., Matsuoka, Y., Fujimori, S., 2011. Assessment of China’s climate commitment and non-fossil energy plan towards 2020 using hybrid AIM/CGE model. Energy Policy 39, 2875–2887.

    Google Scholar 

  11. Department of National Accounts of National Bureau of Statistics. IO Table-China-2007 [M]. Beijing: China Statistics Press, 2009.

    Google Scholar 

  12. Wang P, Dai H C, Ren S Y, et al. Achieving Copenhagen target through carbon emission trading: Economic impacts assessment in Guangdong Province of China[J]. Energy, 2015, 79(79):212–227.

    Google Scholar 

  13. Statistics Bureau of Guangdong Province. Guangdong Statistical Yearbook [M]. Beijing: China Statistics Press, 2008-2013.

    Google Scholar 

  14. Ministry of Science and Technology, Economy and Energy. Supply of an instrument for estimating the emissions of green house effect gases coupled with the energy matrix [R/OL]. 2010 [2014-06-11]. http://ecen.com/matriz/eee24/coefycin.htm.

  15. Guangdong Provincial Development and Reform Commission. Twelfth Five-Year Plan for National Economic and Social Development of Guangdong Province [EB/OL]. 2011[2014-07-01]. http://www.gddpc.gov.cn/fgzl/fzgh/ztgh/sewghgy/201106/t20110615_155249.htm.

  16. Guangdong Provincial Development and Reform Commission. Implementation plan for accelerating the construction of clean energy in Guangdong province [EB/OL].2015 [2015-07-13]. http://zwgk.gd.gov.cn/006939756/201507/t20150727_594912.html.

  17. State Grid Corporation of China et al. China Electric Power Yearbook [M]. Beijing: China Electric Power Press, 2008-2013.

    Google Scholar 

  18. Guangdong Provincial Development and Reform Commission. Energy Development 12th Five-Year Plan of Guangdong Province [EB/OL].2013 [2014-07-01]. http://www.gddpc.gov.cn/fgzl/fzgh/zxgh/sewzx/201309/t20130926_220199.htm.

  19. Guangdong Provincial Development and Reform Commission. Notice on Carrying out the Work for Guangdong First Emissions Allowance Allocation (for trial) [EB/OL]. 2013 [2014-07-01]. http://www.gddpc.gov.cn/xxgk/tztg/201311/t20131126_230325.htm.

Download references

Author information

Authors and Affiliations

Authors

Rights and permissions

Reprints and permissions

Copyright information

© 2019 China Environment Publishing Group Co., Ltd. and Springer Nature Singapore Pte Ltd.

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Zhao, D., Wang, W., Luo, Z. (2019). Impact of Guangdong ETS on Macroeconomy. In: A Brief Overview of China’s ETS Pilots. Springer, Singapore. https://doi.org/10.1007/978-981-13-1888-7_10

Download citation

Publish with us

Policies and ethics