Environmental and economic impact analysis of levying VOCs environmental protection tax in China.

China is one of the largest volatile organic compounds (VOCs) emitters worldwide. The emission levels of and harm caused by VOCs have attracted much attention. China has implemented multiple policies for VOCs prevention and control but lacks economic control measures for VOCs In this study, the input-output (IO) price model was used to simulate and analyze the emission reduction and economic effects resulting from the imposition of a VOCs environmental protection tax (EPT) in 31 provinces in China.

Does the environmental protection tax reduce environmental pollution? Evidence from a quasi-natural experiment in China.

The environmental protection tax (EPT) is an important environmental policy in China. However, it remains unclear whether the EPT has reduced environmental pollution effectively since its implementation in 2018. Based on the panel data of 229 prefecture-level cities in China during 2015-2019 and the difference-in-differences (DID) model, this study empirically assesses the causal effect of the EPT on environmental pollution.