Carbon price impacts on the Chinese tourism industry

Meng, S; Tien, P; Dwyer, L; Grant, B

Carbon price impacts on the Chinese tourism industry

Meng, S Tien, P Dwyer, L

Grant, B

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Publisher:: SAGE Publications
Publication Type:: Journal Article
Citation:: Journal of Travel Research, 2019
Issue Date:: 2019-12-23

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Field	Value	Language
dc.contributor.author	Meng, S	en_US
dc.contributor.author	Tien, P	en_US
dc.contributor.author	Dwyer, L https://orcid.org/0000-0002-9797-1043	en_US
dc.contributor.author	Grant, B https://orcid.org/0000-0002-8055-6046	en_US
dc.date.available	2019-12-23	en_US
dc.date.issued	2019-12-23	en_US
dc.identifier.citation	Journal of Travel Research, 2019	en_US
dc.identifier.issn	0047-2875	en_US
dc.identifier.uri	http://hdl.handle.net/10453/137431
dc.description.abstract	This study simulates the short-run effects of an Emissions Trading Scheme (ETS) and two auxiliary policies on the Chinese tourism industry. The results show that the ETS alone will increases energy prices and have significant adverse impacts on China’s economy. The adverse impacts are relatively stronger on the energy sectors than they are on tourism. Two auxiliary policies – a tourism subsidy and a reduced goods and services tax (GST) – are examined as policy options to soften the negative impacts of the ETS. Results show that the tourism-subsidy policy is more effective than the GST reduction policy.	en_US
dc.publisher	SAGE Publications	en_US
dc.relation.ispartof	Journal of Travel Research	en_US
dc.relation.isbasedon	https://journals.sagepub.com/doi/10.1177/0047287520903111	en_us
dc.rights	Journal of Travel Research, 2019. Copyright © 2019 SAGE Publications. DOI: https://journals.sagepub.com/doi/10.1177/0047287520903111	en_US
dc.subject.classification	Sport, Leisure & Tourism	en_US
dc.title	Carbon price impacts on the Chinese tourism industry	en_US
dc.type	Journal Article
utslib.for	1504 Commercial Services	en_US
utslib.for	1505 Marketing	en_US
utslib.for	1506 Tourism	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/DVC (Research)
pubs.organisational-group	/University of Technology Sydney/DVC (Research)/lnstitute for Public Policy and Governance
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
pubs.organisational-group	/University of Technology Sydney/Strength - IPPG - Institute for Public Policy and Governance
utslib.copyright.status	open_access
pubs.consider-herdc	false	en_US
pubs.publication-status	Accepted	en_US

Abstract:

This study simulates the short-run effects of an Emissions Trading Scheme (ETS) and two auxiliary policies on the Chinese tourism industry. The results show that the ETS alone will increases energy prices and have significant adverse impacts on China’s economy. The adverse impacts are relatively stronger on the energy sectors than they are on tourism. Two auxiliary policies – a tourism subsidy and a reduced goods and services tax (GST) – are examined as policy options to soften the negative impacts of the ETS. Results show that the tourism-subsidy policy is more effective than the GST reduction policy.

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http://hdl.handle.net/10453/137431