Journal of Resources and Ecology ›› 2013, Vol. 4 ›› Issue (4): 374-378.DOI: 10.5814/j.issn.1674-764x.2013.04.011

• Reports • Previous Articles    

Choice and Simulation of Tax Rates in Resource Tax Reform

XU Xiaoliang1, XU Xuefen2   

  1. 1 School of Economics and Management, Southeast University, Nanjing 210096, China;
    2 School of Pharmacy, China Pharmaceutical University, Nanjing 211198, China
  • Received:2013-08-03 Revised:2013-12-05 Online:2013-12-30 Published:2013-12-20
  • Supported by:

    National Science Foundation of China (Grant NO. 71203002), and the Postdoctoral Science Foundation of China (Grant NO. 2013M540398).

Abstract: Resource tax reform will be done during China's 12th Five-Year Plan, but related research is still lacking. Here, we build a computable general equilibrium model (CGE) comprising the functional equations of production, consumption, income/expenditure and resources to analyze the resource tax rate. The model uses the valorem tax levy to simulate the impact of economic and resource systems with different resource tax rates, by referencing the expected rate ranges of China and developed countries. The results show that the impact is different for social, economic and resources of varying degrees. In the relatively stable period of economic development, we can select a tax rate of 5% to 7%; during higher economic development we can select an optional high level of resource tax; and in a fluctuating economy we can choose a lower tax level.

Key words: resource tax reform, resource tax rate choose, CGE, GAMS