Proceedings of the 2017 4th International Conference on Education, Management and Computing Technology (ICEMCT 2017)

The Study on Influence Period of the Green Credit Policy Based on CGE Model

Authors
Zhi Yun Wang, Xiong Zhong
Corresponding Author
Zhi Yun Wang
Available Online May 2017.
DOI
10.2991/icemct-17.2017.306How to use a DOI?
Keywords
CGE model; green credit policy; period; operation performance
Abstract

To develop green credit is an indispensable important economic means for China to insist in the resource-saving and environmentally friendly green development road. The green credit policy affects the entire economic system, which can't be neglected, thus it is necessary to be concerned by all circles. Beginning with the market-oriented interest rate policy which implements punitive high interest rate in "double high" industry" in the green credit policy, the author establishes a financial Computable General Equilibrium(CGE), tries to depict the transmission route of the green credit policy, and measures systematic influences of the green policy in different periods. The results find that the green credit policy can restrain the investment behaviors of the target industry effectively and reduce output of paper-making industry and chemical industry in the short term and middle term. In the long-term period, investment and output of target industry can pick up and such a policy can restrain effects of the green credit on the output in the target industry. Therefore, it is necessary to further take feasible measures to improve effects and roles of the green credit policy.

Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2017 4th International Conference on Education, Management and Computing Technology (ICEMCT 2017)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
May 2017
ISBN
978-94-6252-323-4
ISSN
2352-5398
DOI
10.2991/icemct-17.2017.306How to use a DOI?
Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Zhi Yun Wang
AU  - Xiong Zhong
PY  - 2017/05
DA  - 2017/05
TI  - The Study on Influence Period of the Green Credit Policy Based on CGE Model
BT  - Proceedings of the 2017 4th International Conference on Education, Management and Computing Technology (ICEMCT 2017)
PB  - Atlantis Press
SP  - 1427
EP  - 1431
SN  - 2352-5398
UR  - https://doi.org/10.2991/icemct-17.2017.306
DO  - 10.2991/icemct-17.2017.306
ID  - Wang2017/05
ER  -