DOI: 10.1016/j.enpol.2020.111802
论文题名: Decomposition analysis of debt's impact on China's energy consumption
作者: Sun X. ; Liu X.
刊名: Energy Policy
ISSN: 03014215
出版年: 2020
卷: 146 语种: 英语
中文关键词: China
; Debt's impact
; Decomposition analysis
; Energy consumption
英文关键词: Budget control
; Energy efficiency
; Pollution control
; Population statistics
; Budget constraint
; Chinese Government
; Decomposition analysis
; Energy efficiency improvements
; Holistic perspectives
; Public agencies
; Structure adjustments
; Tertiary industries
; Energy utilization
; debt
; decomposition analysis
; energy efficiency
; energy use
; government
; private sector
; public sector
; China
英文摘要: Debt can influence the energy consumption of private sectors and public agencies by changing their fiscal budget constraints. From 1996 to 2016, China has had rapid debt growth and become the second-largest borrower in the world. Additionally, China has been the largest energy consumer since 2009. The impact of debt growth on its energy consumption, however, is not much addressed in the literature. Using an extended LMDI model, we investigate the impact of China's debt on its energy consumption from 1996 to 2016 in a new way. The results show that (1) among the closed set of debt-related factors and other conventional variables studied, private debt per capita makes the strongest contribution to China's energy consumption, and population has a moderate impact on the growth of energy consumption; (2) energy efficiency improvement, output efficiency of government debt, debt structure adjustment, and increased tertiary industry share are mitigating forces of energy consumption. These results provide a new, holistic perspective for the Chinese government to formulate synergistic policies of risk control and pollution control. © 2020 Elsevier Ltd Citation statistics:
资源类型: 期刊论文
标识符: http://119.78.100.158/handle/2HF3EXSE/167505
Appears in Collections: 气候变化与战略
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作者单位: The Institute for China's Overseas Interests, Shenzhen University, Shenzhen, Guangdong, 518060, China; School of Economics, Shandong Technology and Business University, Yantai, Shandong, 264005, China
Recommended Citation:
Sun X.,Liu X.. Decomposition analysis of debt's impact on China's energy consumption[J]. Energy Policy,2020-01-01,146