Economics at your fingertips  

China’s carbon emissions abatement under industrial restructuring by investment restriction

Gaoxiang Gu and Zheng Wang

Structural Change and Economic Dynamics, 2018, vol. 47, issue C, 133-144

Abstract: This study applied CIECIA, a climate-economy integrated assessment model, to study the carbon reductions and the economic impacts under industrial restructuring realized by capital investment restriction policies in China. The carbon reductions and economic effects of the policy mix combining investment restrictions with low carbon technology progress measures were also assessed. The results show that investment restriction policies for energy-intensive industries in China effectively accelerate industrial restructuring and have significant carbon reduction effects. However, those restrictions hurt China’s economy, causing investment outflow that benefits other countries. Low carbon technology progress realized by investing revenues from investment restrictions in R&D and the sharing of advanced technologies between countries improves the carbon reduction potential of China, but it is difficult to obtain significant reduction in a short time period. Despite this finding, technology progress measures compensate for economic losses and therefore have great significance to carbon governance.

Keywords: Industrial restructuring; Capital investment restriction; Carbon emission reduction; Low-carbon technology progress (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Structural Change and Economic Dynamics is currently edited by F. Duchin, H. Hagemann, M. Landesmann, R. Scazzieri, A. Steenge and B. Verspagen

More articles in Structural Change and Economic Dynamics from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

Page updated 2019-01-19
Handle: RePEc:eee:streco:v:47:y:2018:i:c:p:133-144