Energy substitution effect on transport industry of China-based on trans-log production function

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	Energy substitution effect on transport industry of China-based on trans-log production function
	Lin, Boqiang ; Xie, Chunping ; Lin BQ(林伯强)
刊名	http://dx.doi.org/10.1016/j.energy.2013.12.045
	2014-04-01
关键词	ECONOMETRIC INTERPRETATIONS CAPITAL COMPLEMENTARITY INTERFUEL SUBSTITUTION FACTOR DEMAND SECTOR EMISSIONS SUBSTITUTABILITY EFFICIENCY INTENSITY PRICES
英文摘要	Newhuadu Business School Research Fund; China Sustainable Energy Program [G-1305-18257]; National Social Science Foundation of China [12ZD059]; Ministry of Education [10 JBG 013]; China is currently in the stage of industrialization and urbanization, which is characterized by rigid energy demand and rapid growth of energy consumption. China's transport industry is of high energy consumption and high pollution. Therefore, energy issues in the industry are particularly of concern to all parties. In this paper, a trans-log production function model for China's transport industry is established and input factors of capital, energy and labor are included. Output elasticity of each factor and substitution elasticity between the variables are analyzed. Results show that: during the period 1980-2010, there is a relatively high elasticity of substitution (the value is around 1.05-1.07) between energy factor and labor factor in China's transport sector; significant elasticity of substitution between capital factor and energy factor exists as well (the value is about 0.98-1.00). It suggests that the substitution between energy and labor could be achieved by continuously upgrading technology. Through allocating more capital into transport industry, relevant energy saving technology could be continuously promoted and the substitution between capital and energy will also be realized. The transition of Chinese transport industry from labor-intensive to capital-intensive is a significant trend. 2013 Elsevier Ltd. All rights reserved. (C) 2013 Elsevier Ltd. All rights reserved.
语种	英语
出版者	PERGAMON-ELSEVIER SCIENCE LTD
内容类型	期刊论文
源URL	[http://dspace.xmu.edu.cn/handle/2288/90192]
专题	经济学院－已发表论文
推荐引用方式 GB/T 7714	Lin, Boqiang,Xie, Chunping,Lin BQ. Energy substitution effect on transport industry of China-based on trans-log production function[J]. http://dx.doi.org/10.1016/j.energy.2013.12.045,2014.
APA	Lin, Boqiang,Xie, Chunping,&林伯强.(2014).Energy substitution effect on transport industry of China-based on trans-log production function.http://dx.doi.org/10.1016/j.energy.2013.12.045.
MLA	Lin, Boqiang,et al."Energy substitution effect on transport industry of China-based on trans-log production function".http://dx.doi.org/10.1016/j.energy.2013.12.045 (2014).