Research On The Impact Of Carbon Tariffs On China’s Manufacturing Exports

The formal adoption of the EU ’s carbon border adjustment mechanism means that the EU ’s carbon tariffs will be imperative.As a manufacturing power,the impact of the upcoming carbon tariffs on China ’s manufacturing industry cannot be underestimated.Therefore,this thesis analyzes the essence of carbon tariffs,analyzes the impact mechanism of carbon tariffs on China ’s manufacturing exports based on the relevant background of carbon tariffs and trade theory,and finally quantifies the impact of carbon tariffs on China ’s manufacturing export trade through empirical research.This thesis first constructs a multi-regional input-output model(MRIO),uses the input-output table obtained from the WIOD database and processes it,and then uses the Mtalab software to run the calculation and focus on sorting out the complete carbon emission intensity and embodied carbon emissions of China ’s manufacturing sectors exported to the EU and the United States from 2005 to 2014.When calculating and setting the carbon tariff rate of various departments in China,it is found that the carbon tariff rate of various departments in China ’s manufacturing industry is positively correlated with the collection standard.The higher the collection standard,the higher the carbon tariff rate.In addition,through the empirical study of GTAP model,it is found that the carbon tariff has a negative effect on the total import and export of China ’s manufacturing industry.The higher the carbon tariff rate,the greater the negative effect;the output impact of various sectors of the manufacturing industry also shows a trend of polarization.Most of the manufacturing sector ’s output will decrease,but some sectors will increase output due to the imposition of carbon tariffs.The terms of trade of China ’s manufacturing industry have also deteriorated to a certain extent due to the imposition of carbon tariffs.Based on the above research,this thesis puts forward relevant suggestions to deal with carbon tariffs from the national and enterprise levels.