Based on the input-output model and using a demand side approach, this paper surveys how factors such as consumption, investment, net export, intermediate input and price affect the ratio of China's service industry ...Based on the input-output model and using a demand side approach, this paper surveys how factors such as consumption, investment, net export, intermediate input and price affect the ratio of China's service industry as compared with Japan and South Korea. An analysis of China's data indicates that price and residential consumption structure are key contributing factors to the rising ratio of the service industry. Conversely, intermediate input and government consumption are factors that lead to a decrease in the ratio of the service industry. An analysis of Japan and South Korea shows that price and residential consumption structures were linked to the rises in their service industry. This paper concludes that the ratio of China's service industry to gross domestic product (GDP) will continue to rise over the 12th Five-Year Plan period (2011-2015) and beyond.展开更多
Vulnerability means the degree to which that a system is susceptible to suffer damage. This paper focuses on the economic vulnerability to risk of energy import by employing ratio of net energy import to GDP as indica...Vulnerability means the degree to which that a system is susceptible to suffer damage. This paper focuses on the economic vulnerability to risk of energy import by employing ratio of net energy import to GDP as indicator, and decomposes the vulnerability change into effects of energy import, structure and intensity in order to find out key factors that influence economic security to energy import. Decomposition analysis on China indicates that effect of rising energy import takes more than 90 percent of total vulnerability change during the last 10 years, along with insignificant effect of structural change and intensity decline. International analysis on cross- section data of net energy importers also presents the positive relationship between external energy dependence and economic vulnerability. However, results of America show that long-term effect of energy intensity is much larger than China from 1954 to 2007, which is 70.8% of its total vulnerability change. Experience from developed countries confirms the necessary and validity of improving energy efficiency on depressing economic vulnerability to energy import, which provides lessons for the energy development of China.展开更多
基金This paper is funded by a Natural Science Foundation of China (NSFC)-granted project "Impact of China's Population Aging on Economic Growth and Changes in the Industrial Structure in the Medium-and-long Term and Countermeasures" (Grant No.: 71173058/G0301) and "Research on the Financial Crisis Model and Monetary Policy Coordination Based on the New Open Economy Macroeconomics" granted by Ministry of Education, Humanities and Social Sciences Youth Fund (Grant No,: 11YJC790237).
文摘Based on the input-output model and using a demand side approach, this paper surveys how factors such as consumption, investment, net export, intermediate input and price affect the ratio of China's service industry as compared with Japan and South Korea. An analysis of China's data indicates that price and residential consumption structure are key contributing factors to the rising ratio of the service industry. Conversely, intermediate input and government consumption are factors that lead to a decrease in the ratio of the service industry. An analysis of Japan and South Korea shows that price and residential consumption structures were linked to the rises in their service industry. This paper concludes that the ratio of China's service industry to gross domestic product (GDP) will continue to rise over the 12th Five-Year Plan period (2011-2015) and beyond.
基金This project is supported by National Natural Science Foundation of China(70733005 70701032) the National Key Projects from the Ministry of Science and Technology of China (2006-BAB08B01)
文摘Vulnerability means the degree to which that a system is susceptible to suffer damage. This paper focuses on the economic vulnerability to risk of energy import by employing ratio of net energy import to GDP as indicator, and decomposes the vulnerability change into effects of energy import, structure and intensity in order to find out key factors that influence economic security to energy import. Decomposition analysis on China indicates that effect of rising energy import takes more than 90 percent of total vulnerability change during the last 10 years, along with insignificant effect of structural change and intensity decline. International analysis on cross- section data of net energy importers also presents the positive relationship between external energy dependence and economic vulnerability. However, results of America show that long-term effect of energy intensity is much larger than China from 1954 to 2007, which is 70.8% of its total vulnerability change. Experience from developed countries confirms the necessary and validity of improving energy efficiency on depressing economic vulnerability to energy import, which provides lessons for the energy development of China.