By Hengyun Ma, Les Oxley
In the recent millennium, realizing China’s power economic climate is essential for politicians, businesspeople and effort economists, as China’s power coverage offerings will suggest either demanding situations and possibilities for the area when it comes to an expanding percentage of basic strength intake and funding. This ebook before everything studies the literature on China’s power financial system and in so doing finds that many vital parts were neglected or are superseded of their insurance. Given the dimensions of China and its international value, the e-book then overview s China’s present strength state of affairs and fills the gaps within the literature in the event you have an interest in and anxious approximately China’s monetary improvement and effort reform within the new millennium.
The ebook isn't the same as earlier reports in numerous vital methods: to start with, it provides contemporary, pioneering learn instead of an easy textbook, a number of sections of that have been released in high quality strength journals. Secondly, the booklet first subdivides China's power depth turn out to be elements of price range constraint, technological switch, issue substitution, strength call for and monetary development utilizing a newly built econometric method. Thirdly, it presents many new and various econometric findings and derives many new coverage implications for China's power economic system. And finally, it brings to mild a wealth of latest wisdom when you have an interest in China's power economic system, the realm strength marketplace and worldwide environmental and weather switch issues.
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Additional resources for China’s Energy Economy: Situation, Reforms, Behavior, and Energy Intensity
2004b), Ma et al. (2004) Liu et al. (2006) Chen et al. (1996), Zhao and Wei (1998), Wan et al. (2000), Zhu (2002), Han et al. (2004b), Zhang and Li (2004), Zhou (2004), Li (2005), Wu et al. (2005),Yang (2005) Liu (2007) Zhao and Wei (1998), Lin (2001), Ma et al. (2004), Fan and Zhang (2005), Ni and Ling (2005), Wang et al. (2005) Guo (2007) Zhao and Wei (1998), Lin (2003b), Ma et al. (2004), Fan and Zhang (2005), Ma and Zhang (2005), Wu et al. (2005) Wang and Yang (2006) Jiang (2004), Lin (2004), Wang et al.
2004a) Han et al. (2004a) Han et al. (2004a) Ding et al. 5 Index decomposition of energy intensity by Chinese literatures Author(s) Economy Period Approach 30 2 A Survey of the Literature Lin and Polenske (1995) 18 industrial subsectors 1981–1987 IOSDA % À100 %0 Lin (1996) Garbaccio et al. (1999) 29 industrial subsectors 1987–1992 IOSDA < À100 >0 – Zhang (2003) 29 industrial subsectors 1991–1999 ALI À82 À18 – Zha et al. (2009) 36 industrial subsectors 1993–2003 AMDI À90 À10 – Liao et al. (2007) 36 industrial sbusectors 1997–2002 T€ornqvist index À106 6 – Fisher-Vanden et al.
67c Ma et al. 8c Yang et al. (2004) – LEGM – – Shao and Jia (2006) – Descriptive – – Wan et al. 3 Cointegration between China’s economic growth and fuel use Author(s) Period Approaches ECM (t-stat) 1. 09a 2. National economic growth and national coal consumption Yuan et al. (2008) in Press 1963–2005 JJ, ECM GDP ! Coal Bi-direct Wang and Yang (2007) 1978–2005 E-G, ECM – GDP ! Coal Zhang and Li (2007) 1980–2004 Granger – Bi-direct 3. 68a 4. National economic growth and national oil consumption Zou and Chau (2006) 1953–2002 JJ, ECM 1953–1984 JJ, ECM 1985–2002 JJ, ECM Yuan et al.