By Xuan Xiaowei　

Date: 2002/12/19

Abstract:　

This paper establishes a Computable General Equilibrium model to analyze the impact of sulfur tax on China's economy. The result indicate that levying sulfur tax effectively push the substitution of energy for labor and capital, and the substitution of energy for energy (especially between coal). Levying sulfur tax also promote the adjustment of economy structure and energy structure, result in the reducing of carbon dioxide emission, but have little impact on GDP, with this regard, levying sulfur tax is feasible and reasonable.