Has energy efficiency performance improved in China?—non-energy sectors evidence from sequenced hybrid energy use tables
Kaiyao Wu,
Jiyuan Shi and
Tinggan Yang
Energy Economics, 2017, vol. 67, issue C, 169-181
Abstract:
We conduct a comparative analysis of two energy efficiency indicators for China: heating value energy intensity (HEI) and economic value energy intensity (MEI). We formulate 1997–2002–2007–2012 hybrid energy comparable sequence use tables in an input-output accounting framework, and compare the two indicators using a randomized block ANOVA. The results show that MEIs and HEIs have significantly different variability patterns among sectors and are evolutionarily divergent over time. The directional changes in MEI and HEI are found to be inconsistent at both the sectoral and national levels. A further analysis with a LMDI index decomposition model shows that the difference between HEI LMDI and HEI LMDI is principally caused by energy prices. Based on the evidence from the two indicators and their relationship to energy prices, we are unconvinced about China's purported improvements in energy efficiency in recent years.
Keywords: Energy efficiency performance; Heating value energy intensity; Economic value energy intensity; Energy policy (search for similar items in EconPapers)
JEL-codes: Q43 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:67:y:2017:i:c:p:169-181
DOI: 10.1016/j.eneco.2017.08.010
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