Can the water resources tax policy effectively stimulate the water saving behavior of social water users? A DSGE model embedded in water resources tax.

ABSTRACT: Whether the implementation of the water resources tax policy can stimulate the water-saving behavior of social water users is one of the important criteria for evaluating the implementation effect of the tax reform policy. Taking Hebei Province, the first tax reform pilot in China, as an example. A dynamic stochastic general equilibrium model (DSGE) with embedded water resources tax is constructed to simulate the persistent impact of water resources tax on water-saving objectives. The research shows that: (1) Water resources tax can effectively achieve the goal of water-saving and improve the utilization efficiency of water resources. (2) Levying water resources tax helps to improve the water-saving awareness of enterprises and residents. It can also encourage enterprises to optimize produ

SUBMITTER: Wu Z 

PROVIDER: S-EPMC10004565 | biostudies-literature | 2023

REPOSITORIES: biostudies-literature