 Evolution of competition in energy alternative pathway and the influence of energy policy on economic growthHonglin Yang, Lin Wang and Lixin Tian Energy, 2015, vol. 88, issue C, 223-233 Abstract: This work is devoted to the evolution of the competition of energy alternative pathway in China, and the influence of energy policy on economic growth by using a dynamical system method. Firstly, the relation between energy and economic growth is taken into account, and a dynamic evolution model is established. It is observed that Hopf bifurcation and chaotic behavior occurs with the varying investment in renewable energy production. Secondly, when there is no policy intervention in energy market, the evolution of competition in energy alternative pathway is also investigated. Thirdly, the system parameters are also identified by using an artificial neural network method on the basis of certain empirical statistical data in China, and the dynamics of the parameters-identified system are studied. Finally, the influences of energy policy on economic growth are empirically analyzed, and some policy recommendations are given based on the results of empirical analysis. Keywords: Energy production; Economic growth; Dynamic evolution model; Alternative pathway; Empirical analysis; Energy policy (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:energy:v:88:y:2015:i:c:p:223-233 DOI: 10.1016/j.energy.2015.04.082 Access Statistics for this article Energy is currently edited by Henrik Lund and Mark J. Kaiser More articles in Energy from Elsevier |
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