Energy Economics: Modeling and Empirical Analysis in China, 1st Edition (Hardback) book cover

Energy Economics

Modeling and Empirical Analysis in China, 1st Edition

Edited by Yi-Ming Wei, Ying Fan, Zhi-Yong Han, Guang Wu

CRC Press

320 pages | 176 B/W Illus.

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Hardback: 9781439811214
pub: 2009-09-01
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Description

Energy, just like labor and capital, is universally acknowledged to be the fundamental production factor and strategic resource of an industrial society. China’s sustained rapid economic growth has resulted in its ever-growing energy import dependency, especially oil. Meanwhile, world energy markets have fluctuated dramatically, and international crude oil prices have risen sharply. These factors have combined to make national energy security a hot strategic issue for China’s government and society.

Focusing on these issues, Energy Economics: Modeling and Empirical Analysis in China includes analyzes of the scenarios of different policies. A comprehensive reference on China’s energy policy, the book covers:

  • Gross and structural features of China’s energy economy
  • Forecasting of China’s energy supply and demand
  • Fluctuations in the international oil market and China’s counter-measures
  • Energy-environment problems and reduction in CO2 emissions
  • Strategic petroleum reserves and national energy security
  • Energy technology progress and change

The first volume of a series of China Energy Reports, this book is a collection of the research results on energy strategy and policy issues investigated by the Center for Energy & Environmental Policy Research (CEEP), Institute of Policy and Management (IPM), and Chinese Academy of Sciences (CAS). It only analyzes the policies of the issue, but also briefly discusses econometric models and methodologies, data sources and pretreatment, and present empirical result analyses and discussions and opportunities for further study. Exploring changes in the international and domestic energy-economy, the book provides support for decision-makers and promotes the exchange of findings with energy policy research peers.

Table of Contents

Review of Energy Development in China

World Energy Development

Energy Production in China

Energy Consumption in China

Energy Consumption, Resources and Economy in Regions


Structural Relationship between Chinese Energy and Economic Growth

The Cointegration and Causality between Chinese GDP and Energy Consumption

Energy Intensity and Economic Structure of China

Energy Structure and Energy Efficiency in China

Summary


Analysis and Forecasting of Energy Supply and Demands in China

Forecasting of Energy Requirements in 2020

Economic Analysis of Coal Supply System

Summary


Fluctuation in Oil Markets and Policy Study

The Characteristics of International Petroleum Price Fluctuation

Analysis of the Co-Movement between Chinese and International Crude Oil Prices

Analyses of the Features of the Changes in China’s Crude Oil and Its Products

The Impact of Rising International Crude Oil Price on China’s Economy

Forecast of International Oil Price

Study of Chinese Oil Pricing Mechanism

Summary


Energy,Environment and CO2 Abatement in China

Challenges and Opportunities in Kyoto Era

Characteristics of Carbon Emissions Trend in China

Impact of Population, Economic Growth and Technology on CO2 Emissions

Impact of Lifestyle on Energy Use and CO2 Emissions

Forecasting China’s CO2 Emissions in 2020

Summary


Strategic Petroleum Reserves and National Energy Security

China’s Energy Security

Study on Optimal Scale of Chinese Strategic Petroleum Reserves

Risk Assessment of Oil Imports and Countermeasures

Policy Suggestions on China’s Energy Security

Summary


Energy Technology and Its Policy

Paradigm Transitions of Energy Technological Change

Oil Shocks and Energy R&D Expenditures Reaction Patterns

Energy R&D Expenditures in Technology Dimension

The Substitution Routes of Energy in China and the Policy Analysis on Renewable Energy

Policy Suggestions for China’s Energy Technology

Summary


China Energy Outlook

Total Energy Consumption: Large Amount, Rapid Growth, Large Regional Differences

Oil Imports Become Diversified, Imports Risk Reduces Gradually, and SPR Scale Increases Incrementally

Coal Supply and Demand Are Basically Balanced, Clean Energy Is Developed, and Consumption Patterns Are Diversified

Energy Efficiency Is Improved Steadily, Energy Conservation Potential Is Tremendous, and Technological Progress Is the Key

Total Emissions Continue to Expand, and the Industrial Structure Goes toward a Carbon-Intensive Trend. The Impact of Consumer Behavior Should Not Be Underestimated

Energy Strategies and Policies Should Highlight International Cooperation, Diversification, and Sustainability


References

Index

Subject Categories

BISAC Subject Codes/Headings:
BUS027000
BUSINESS & ECONOMICS / Finance
BUS069000
BUSINESS & ECONOMICS / Economics / General