Xu, Zhaoran2024-09-052024-09-052024-07https://unbscholar.lib.unb.ca/handle/1882/38107This study examines the impact and underlying mechanisms of carbon tax policy on employment in British Columbia using data for 10 Canadian provinces spanning from 1997 to 2021 and a Difference-in-Difference (DiD) model. Our findings reveal that under reasonable carbon tax rates, the imposition of such taxes stimulates increased investment in clean technology research and development by enterprises, leading to a significant reduction in carbon emissions. However, the influence on economic development appears to be statistically insignificant. Moreover, the rate of adjustment in carbon tax rates plays a pivotal role in achieving sustainable economic growth. As a result, to attain a steady-state economy under carbon emission constraints, policymakers should consider a balanced approach to carbon tax rate adjustments.v, 34electronicenhttp://purl.org/coar/access_right/c_abf2master reportYevdokimov, YuriEconomics