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Improvement pathway of energy consumption structure in China's industrial sector: From the perspective of directed technical change
Yang, Zhenbing1; Shao, Shuai2; Yang, Lili3; Miao, Zhuang4
刊名ENERGY ECONOMICS
2018-05
卷号72页码:166-176
关键词Energy consumption structure Fossil energy Non-fossil energy Directed technical change Fixed-effect stochastic frontier analysis Industrial sector
ISSN号0140-9883
DOI10.1016/j.eneco.2018.04.003
英文摘要The improvement in energy consumption structure is of great significance to the green transformation of economic development. In this paper, to explore the reasonable improvement pathway of energy consumption structure in China's industrial sector, we treat fossil energy and non-fossil energy as two different factors into the production function, and conduct a stochastic frontier analysis to estimate the factor-biased degree of production technical change and the substitution elasticities between factors. The results show that the production technology of China's industrial sector is more biased to fossil energy and labor and deviated from non-fossil energy and capital. There is a substitution relationship between capital and labor, as well as labor and fossil energy, and the relationship between capital and fossil energy is complementary. We find that the energy consumption structure in most industrial sub-sectors has a large room for improvement. We propose that the Chinese government should promote the market-oriented reform of energy pricing mechanism to improve the energy consumption structure based on the differentiated characteristics of the energy consumption structures of different industrial sub-sectors. (C) 2018 Elsevier B.V. All rights reserved.
WOS研究方向Business & Economics
语种英语
出版者ELSEVIER SCIENCE BV
WOS记录号WOS:000442019700013
内容类型期刊论文
源URL[http://10.2.47.112/handle/2XS4QKH4/2803]  
专题上海财经大学
通讯作者Shao, Shuai
作者单位1.Nanjing Univ Finance & Econ, Sch Econ, Nanjing 210023, Jiangsu, Peoples R China;
2.Shanghai Univ Finance & Econ, Sch Urban & Reg Sci, Shanghai 200433, Peoples R China;
3.Shanghai Lixin Univ Accounting & Finance, Sch Int Econ & Trade, Shanghai 201209, Peoples R China;
4.Taizhou Univ, Coll Econ & Management, Taizhou 225300, Peoples R China
推荐引用方式
GB/T 7714
Yang, Zhenbing,Shao, Shuai,Yang, Lili,et al. Improvement pathway of energy consumption structure in China's industrial sector: From the perspective of directed technical change[J]. ENERGY ECONOMICS,2018,72:166-176.
APA Yang, Zhenbing,Shao, Shuai,Yang, Lili,&Miao, Zhuang.(2018).Improvement pathway of energy consumption structure in China's industrial sector: From the perspective of directed technical change.ENERGY ECONOMICS,72,166-176.
MLA Yang, Zhenbing,et al."Improvement pathway of energy consumption structure in China's industrial sector: From the perspective of directed technical change".ENERGY ECONOMICS 72(2018):166-176.
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