By Hengyun Ma, Les Oxley
Within the new millennium, realizing China’s strength economic system is important for politicians, businesspeople and effort economists, as China’s strength coverage offerings will suggest either demanding situations and possibilities for the realm by way of an expanding percentage of fundamental strength intake and funding. This e-book first and foremost experiences the literature on China’s strength financial system and in so doing unearths that many vital parts were missed or are outmoded of their insurance. Given the dimensions of China and its international value, the e-book then assessment s China’s present power state of affairs and fills the gaps within the literature when you have an interest in and anxious approximately China’s monetary improvement and effort reform within the new millennium. The ebook isn't like earlier reports in numerous vital methods: to start with, it offers recent, pioneering examine instead of an easy textbook, a number of sections of which were released in fine quality power journals. Secondly, the publication first subdivides China's strength depth grow to be features of funds constraint, technological switch, issue substitution, power call for and monetary progress utilizing a newly constructed econometric process. Thirdly, it offers many new and assorted econometric findings and derives many new coverage implications for China's strength financial system. And finally, it brings to mild a wealth of recent wisdom in the event you have an interest in China's power economic system, the realm power industry and worldwide environmental and weather switch matters.
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Extra resources for China's Energy Economy: Situation, Reforms, Behavior, and Energy Intensity (Lecture Notes in Energy)
Factor substitution and the demand for energy are discussed in Chap. 7 and the changes and decomposition of energy intensity are investigated in Chap. 8, respectively. Graphical and statistical tests for the emergence of an energy market in China are conducted in Chap. 9. Chapter 10 presents our conclusions and implications. 5 Published Work At the end of this chapter, we want to introduce our research work, Chapters or Sections which have been published as follows: • Section 1 of Chap. 7 and Sect.
It is noted here that almost all studies focus on the national level energy intensity and industrial disaggregation. It is hard to find any that focus on disaggregation at the regional economy level. There appears to be only one provincial energy intensity study – the cases of Guangdong province by Yu (2007), Beijing by Zhu and Zhang (2007) and Shanghai by Lin and Feng (2006). 2 The Distribution of Contribution Shares According to the definition of energy intensity and industrial disaggregation used, more disaggregation can lead to more determinants of the change in energy intensity.
2005) 1979–2002 E-G – GDP ! energy Wang and Yao (2007) 1978–2003 ECM Not exist GDP ! energy Zhao and Fan (2007) 1977–2005 STR – Energy ! GDP Wang and Liu (2007) 1978–2005 E-G, ECM <0 Energy ! 3) GDP ! energy Lei et al. 06a Liu (2006) 1985–2003 Granger, ECM – GDP ! energy Huang and Huo (2006) 1985–2003 C-D production – Energy ! GDP Liu et al. 28a Liu et al. 14a Liu et al. (2007) 1988–2005 GFEVD, GIR – GDP ! 67c Ma et al. 8c Yang et al. (2004) – LEGM – – Shao and Jia (2006) – Descriptive – – Wan et al.
China's Energy Economy: Situation, Reforms, Behavior, and Energy Intensity (Lecture Notes in Energy) by Hengyun Ma, Les Oxley