This paper simulated the effects of China new tax rebate policy in June 2010 on China's economy and industries. The research found that, after export tax rebate down, the Chinese GDP would decrease by 0.016\%, with investment, export and import down 0.075\%, 0.041\%, 0.116\%, respectively. Household and government consumption would both increase by 0.005\%. Employment would decrease by 0.016\%. The tax policy limited resource products and highly polluting products a lot. This paper also indicated that the implement of lower export tax rebate rate on industry would improve export price, but export and import would be limited. Output would vary by industry. At the same time, the output of unflow industry would decrease as well as downflow industry increase.
WANG Huifang
, JIANG Xuemei
, XU Shanying. , {{custom_author.name_en}}.
ANALYSIS OF EXPORT TAX REBATE POLICY OF CHINA BASED ON COMPUTABLE GENERAL EQUILIBRIUM MODEL. Journal of Systems Science and Mathematical Sciences, 2011, 31(3): 354-360 https://doi.org/10.12341/jssms09498
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