The effects of energy-related policies on energy consumption in China
Shuyang Si,
Mingjie Lyu,
C.-Y. Cynthia Lin Lawell and
Song Chen
Energy Economics, 2018, vol. 76, issue C, 202-227
Abstract:
This paper examines the effects of different types of energy-related policies on different types of energy consumption in China. We collect and construct a novel, comprehensive, and detailed data set on province-level energy-related policies that includes specific types of energy-related command and control policies; financial incentives; awards; intellectual property rights; and education and information policies. Our econometric method employs instruments to address the potential endogeneity of the policies. According to our results, some types of energy-related policies have been effective in reducing energy consumption. However, many other policies have the possibly unintended or even perverse consequence of increasing rather than decreasing energy consumption. Our results on the mixed effectiveness of energy-related policies in China in reducing energy consumption have important implications for the design of energy-related policies in China and elsewhere.
Keywords: Energy-related policies; Energy consumption; China (search for similar items in EconPapers)
JEL-codes: Q41 Q48 Q58 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (19)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:76:y:2018:i:c:p:202-227
DOI: 10.1016/j.eneco.2018.10.013
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