This study analyzes the potential impacts of a national emission trading scheme on provincial economies in China of … meeting China's emission reduction pledges, the Nationally Determined Contributions announced under the Paris Agreement. The … with the latest provincial-level social accounting matrices (2012). The study shows that meeting China's Nationally …

2030. If China’s annual economic growth rate is 0.5 percentage points higher (lower), the climate policy‐induced welfare …’s reduction effort creates at best a small benefit for China, yet with smaller sectoral output reductions than auctioning. These …