Environmental tax reform in Vietnam: An ex ante general equilibrium assessment
Vietnam is planning to implement a new environmental tax law in 2012. The objective of the study is to provide a predictive quantitative evaluation of the impacts of the proposed draft environmental tax law of Vietnam on producer and user prices, sectoral output and employment, the commodity structure of demand, government tax revenue, CO2 emissions and household welfare. The assessment is based on a multisectoral computable general equilibrium (CGE) model calibrated to a new social accounting matrix that represents the current structure of the Vietnamese economy. The model distinguishes 33 production sectors, 20 household groups, and incorporates a sophisticated treatment of energy substitution in production, allowing substitution possibilities between liquid fuels and gas, coal, and electricity as well as technology switches towards less energy‐intensive modes of production.
|Date of creation:||May 2011|
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- Robinson, Sherman & Yunez-Naude, Antonio & Hinojosa-Ojeda, Raul & Lewis, Jeffrey D. & Devarajan, Shantayanan, 1999. "From stylized to applied models:: Building multisector CGE models for policy analysis," The North American Journal of Economics and Finance, Elsevier, vol. 10(1), pages 5-38.
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