Research Commons
      • Browse 
        • Communities & Collections
        • Titles
        • Authors
        • By Issue Date
        • Subjects
        • Types
        • Series
      • Help 
        • About
        • Collection Policy
        • OA Mandate Guidelines
        • Guidelines FAQ
        • Contact Us
      • My Account 
        • Sign In
        • Register
      View Item 
      •   Research Commons
      • University of Waikato Research
      • Management
      • Management Papers
      • View Item
      •   Research Commons
      • University of Waikato Research
      • Management
      • Management Papers
      • View Item
      JavaScript is disabled for your browser. Some features of this site may not work without it.

      China's energy economy: Technical change, factor demand and interfactor/interfuel substitution

      Ma, Hengyun; Oxley, Les; Gibson, John; Kim, Bonggeun
      DOI
       10.1016/j.eneco.2008.01.010
      Link
       www.sciencedirect.com
      Find in your library  
      Citation
      Export citation
      Ma, H., Oxley, L., Gibson, J., & Kim, B. (2008). China s energy economy: Technical change, factor demand and interfactor/interfuel substitution. Energy Economics, 30(5), 2167-2183.
      Permanent Research Commons link: https://hdl.handle.net/10289/8276
      Abstract
      With its rapid economic growth, China's primary energy consumption has exceeded domestic energy production since 1994, leading to a substantial expansion in energy imports, particularly of oil. China's energy demand has an increasingly significant impact on global energy markets. In this paper Allen partial elasticities of factor and energy substitution, and price elasticities of energy demand, are calculated for China using a two-stage translog cost function approach. The results suggest that energy is substitutable with both capital and labor. Coal is significantly substitutable with electricity and complementary with diesel while gasoline and electricity are substitutable with diesel. China's energy intensity is increasing during the study period (1995–2004) and the major driver appears to be due to the increased use of energy-intensive technology.
      Date
      2008
      Type
      Journal Article
      Publisher
      Elsevier
      Collections
      • Management Papers [1135]
      Show full item record  

      Usage

       
       
       

      Usage Statistics

      For this itemFor all of Research Commons

      The University of Waikato - Te Whare Wānanga o WaikatoFeedback and RequestsCopyright and Legal Statement