The consensus on bolstering the synergy between green fiscal and taxation policies,as well as green financing initiatives,to foster green and low-carbon development has been established.This paper presents an Environmental Dynamic Sto-chastic General Equilibrium(E-DSGE)model to evaluate the impact of various combinations of green fiscal,taxation,and credit policies,while also examining the response to interest rate shocks.The findings indicate that the most efficacious strat-egies involve the use of green policy mixes that include green taxes,consumption subsidies,and green targeted reductions,as well as those that comprise green taxes,low-carbon transition subsi-dies,and green targeted reductions.Additionally,green loan subsidy policies are seen to significantly enhance consumer utility.Furthermore,the greater the consumer preference for green products and the lower the elasticity of substitution between green and brown products,the more tempered is the response to shocks.To advance green development,it is imperative to enact a suite of measures that includes bolstering inter-departmental coordination,exploiting the synergistic effects of policies,encour-aging green consumption,and improving the trans-parency of environmental information.These meas-ures are intrinsically linked,culminating in a cohe-sive framework for environmental protection poli-cies.
Green fiscal and taxGreen creditConsumer preferenceE-DSGE model
NETL
NSTL
万方数据
