Economic development, marketisation and energy consumption: evidence from China
by Sifei Li; Chuang Lu; Yan Tong; Yun Zhang
International Journal of Global Energy Issues (IJGEI), Vol. 40, No. 3/4, 2017

Abstract: This paper investigates the relationship between economic development, marketisation and energy consumption. We hypothesise that both economic development and marketisation can affect energy consumption and that marketisation plays a more fundamental role. Empirical results from single-factor regressions show that both economic development and marketisation have negative associations with energy consumption. Results from two-stage regressions and variance decomposition demonstrate that marketisation has a more determinative effect on energy consumption than economic development does. The policy implication of our research is that, to reduce energy consumption, policy-makers should make better use of the role of markets in resource allocation.

Online publication date: Tue, 12-Sep-2017

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Global Energy Issues (IJGEI):
Login with your Inderscience username and password:

    Username:        Password:         

Forgotten your password?


Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com