Factors influencing energy intensity in four Chinese industries

Karen Fisher-Vanden, Yong Hu, Gary Jefferson, Michael Rock and Michael Toman
Authors registered in the RePEc Author Service: Michael A. Toman ()

The Energy Journal, 2016, vol. Volume 37, issue China Special Issue

Abstract: In this paper, we investigate the determinants of decline in energy intensity in four Chinese industries - pulp and paper, cement, iron and steel, and aluminum. This paper attempts to answer the following key question: For the purpose of promoting energy efficiency, do prices, technology, enterprise restructuring and other policy-related instruments affect various sectors uniformly so as to justify uniform industrial energy conservation policies, or do different industries respond significantly differently so as to require policies that are tailored to each sector separately? In this paper, we examine this question using data for China's most energy-intensive large and medium-size enterprises over the period 1999-2004. Our results suggest that in all four industries rising energy costs are a significant contributor to the decline in energy intensity over our period of study. China's industrial policies encouraging consolidations and scale economies also seem to have contributed to reductions in energy intensity in these four industries.

JEL-codes: F0 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (19)

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Related works:
Journal Article: Factors Influencing Energy Intensity in Four Chinese Industries (2016)
Working Paper: Factors influencing energy intensity in four Chinese industries (2013)
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