Productivity and Eenergy Efficiency of Chinese Industries

Takatoshi Watanabe () and Kiyoshi Fujikawa ()
Additional contact information
Takatoshi Watanabe: Aichi Gakuin University
Kiyoshi Fujikawa: Aichi Gakuin University

Chapter Chapter 5 in Empirical Research on Environmental Policies in China, 2023, pp 77-95 from Springer

Abstract: Abstract This paper estimates the growth rate of total factor productivity (TFP) by the industrial sector in China during the early 2000s and examines the relationship between TFP growth and improvements in energy efficiency and reductions in CO2 emissions. The estimation periods were 2002–2007 and 2007–2012, and the level of TFP growth was generally positive in both periods. However, if we take transportation machinery and electronics and telecommunications equipment as the leading sectors of the Chinese economy, relatively high TFP growth rates of 1.75% and 1.26%, respectively, were estimated for the first period, but they declined considerably to 1.11% and 0.01%, respectively, in the second period. The decline in the TFP growth rate in the second period may be attributed to the impact of the Lehman Brothers collapse. The global recession reduced demand for exports; however, China’s economic stimulus measures, which included large-scale public investment, may have led to an excess of capital. Regarding the relationship between TFP and energy efficiency, it was observed that the higher the TFP growth rate, the higher the energy productivity of the industry. However, no clear correlation was found between the TFP growth rate and CO2 emissions. This may be because, in this study, the CO2 emissions were assumed to be the direct emissions of the industry in question. In the next study, we will attempt an analysis that also considers indirect CO2 emissions generated during power generation.

Keywords: China; CO2 emissions; Energy efficiency; Input–Output Table; Total Factor Productivity (TFP) (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-5957-0_5

Ordering information: This item can be ordered from
http://www.springer.com/9789819959570

DOI: 10.1007/978-981-99-5957-0_5

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().