التفاصيل البيبلوغرافية
| العنوان: |
Energy prices and investment in energy efficiency: evidence from Chinese industry 1997–2004. |
| المؤلفون: |
Tang, Le1 (AUTHOR) ltang7@suffolk.edu |
| المصدر: |
Asian-Pacific Economic Literature. Nov2020, Vol. 34 Issue 2, p93-105. 13p. |
| مصطلحات موضوعية: |
Energy consumption, Panel analysis, Investments, Evidence |
| مستخلص: |
The paper develops and implements a methodology for assessing the role of energy prices and new investment in reducing energy intensity in Chinese industry. Analysing a unique panel data set which reports firm‐level energy consumption and price from 1997 to 2004, the paper finds: the energy prices, not only the current but also the past energy prices, are key factors that driving down firms' energy intensity for all three types of firms: state‐owned enterprises (SOEs), domestic non‐SOEs (NSOEs) and foreign‐funded firms (FFEs); furthermore, SOEs exhibit a robust price‐investment channel: responding to rising energy prices, SOEs tend to invest in new energy‐efficient capital, through which SOEs reduce energy intensity; the same price‐investment channels are less robust for non‐SOEs or foreign‐funded firms. [ABSTRACT FROM AUTHOR] |
| قاعدة البيانات: |
Finance Source |
|
لا يتم عرض النص الكامل للضيوف. |
تسجيل الدخول للوصول الكامل.
|
