This article explores the effects of investment upon energy intensity by applying a unique panel data of China's 27 provinces between 2004 and 2013.In addition,it also particularly stuthes other factors,such as en...This article explores the effects of investment upon energy intensity by applying a unique panel data of China's 27 provinces between 2004 and 2013.In addition,it also particularly stuthes other factors,such as energy price,economic structure,and urbanization.The results,based on four econometric regression model results,suggest that in general,the indigenous investment on research and development is a more powerful tool to decrease China's energy intensity regardless of region disparity.The foreign direct investment(FDI) has a prominent but not persistent effect on energy intensity.However,the outward direct investment has not shown its significant impact on energy intensity.At the level of an aggregate economy and China's eastern region,the results demonstrate that FDI improves energy efficiency significantly.For the central and western provinces,FDI does not support the similar conclusion.Based on these analyses,we present the corresponding regional policies for policymakers.展开更多
The constraints of energy supply have been a long-term threat to the sustainable development of China. Technological progress and innovation are essential to helping solve this problem. Research and development （R＆D...The constraints of energy supply have been a long-term threat to the sustainable development of China. Technological progress and innovation are essential to helping solve this problem. Research and development （R＆D） stock plays a key role in technological progress and innovation. Through comparisons with some other countries, it is found that China has fallen behind in the R＆D stock for energy technology. The R＆D stock can be improved by two means： one is putting capital and human resources in those strategically key fields; the other is taking advantage of the R＆D resources from abroad. The strategically key fields include energy saving techniques, energy materials, the manufacture of key equipment and new energy resources.展开更多
Energy-saving in China's iron and steel industry still relies on the development and improvement of short-term energy saving technologies.Therefore,a special converter smelting technology incorporating energy savi...Energy-saving in China's iron and steel industry still relies on the development and improvement of short-term energy saving technologies.Therefore,a special converter smelting technology incorporating energy saving was proposed.To evaluate the energy-saving potential of the CO_(2)–O_(2)mixed injection(COMI)technology,collected production data were used to develop an improved techno-economic model.Calculations reveal that the technology can save energy through auxiliary material consumption,sensible heat of solid by-product,iron loss reduction,and energy recovery.The application of COMI technology in an enterprise is cost effective,involving the energy saving potential of 0.206 GJ/t,the cost of conserved energy of−48.83 yuan/GJ,and a simple payback period of 0.35 year for a 60-million-yuan investment.Sensitivity analysis shows that the investment cost and discount rate primarily influence the cost of conserved energy of the technology.As the discount rate increased,the cost of conserved energy also gradually increased.Overall,the COMI technology is an energy-saving technology with good development prospects.展开更多
This study analyzes the economic and environmental impacts of a climate change measure in Japan using a single-country dynamic computable general equilibrium model with technological change as an endogenous variable. ...This study analyzes the economic and environmental impacts of a climate change measure in Japan using a single-country dynamic computable general equilibrium model with technological change as an endogenous variable. In this way, a comprehensive analysis of the relationships between climate change and its measures, technology, and economy has been done. The model uses technological change as the accumulation of knowledge capital that is derived from research and development investment. The study investigates the impacts of a climate change measure considering the use of emission permit revenue and technological change induced by the policy implementation in the Japanese economy. Simulation results show that there is compatibility between CO2 emission reduction and positive effects on GDP that depends on the ways of the revenue use and technological change induced by emission reduction. However, it is not possible to find the ways to realize positive effects on both GDP and welfare simultaneously in the study. The sensitivity analysis for the elasticity of substitution between knowledge capital and other inputs also confirms the obtained results.展开更多
基金supported by the Fundamental Research Funds for the Central Universities:[Grant Number JBK1607K05]
文摘This article explores the effects of investment upon energy intensity by applying a unique panel data of China's 27 provinces between 2004 and 2013.In addition,it also particularly stuthes other factors,such as energy price,economic structure,and urbanization.The results,based on four econometric regression model results,suggest that in general,the indigenous investment on research and development is a more powerful tool to decrease China's energy intensity regardless of region disparity.The foreign direct investment(FDI) has a prominent but not persistent effect on energy intensity.However,the outward direct investment has not shown its significant impact on energy intensity.At the level of an aggregate economy and China's eastern region,the results demonstrate that FDI improves energy efficiency significantly.For the central and western provinces,FDI does not support the similar conclusion.Based on these analyses,we present the corresponding regional policies for policymakers.
基金Supported by the National Social Science Project (05BTJ018)
文摘The constraints of energy supply have been a long-term threat to the sustainable development of China. Technological progress and innovation are essential to helping solve this problem. Research and development （R＆D） stock plays a key role in technological progress and innovation. Through comparisons with some other countries, it is found that China has fallen behind in the R＆D stock for energy technology. The R＆D stock can be improved by two means： one is putting capital and human resources in those strategically key fields; the other is taking advantage of the R＆D resources from abroad. The strategically key fields include energy saving techniques, energy materials, the manufacture of key equipment and new energy resources.
基金the National Natural Science Foundation of China(Nos.52204342 and 52201073)Natural Science Foundation of Hebei Province(No.E2022208019)+1 种基金Natural Science Foundation of Hebei Education Department(Nos.BJK2024194 and BJK2024024)Natural Science Foundation of Hebei Education Department(No.QN2021058)for financial support.
文摘Energy-saving in China's iron and steel industry still relies on the development and improvement of short-term energy saving technologies.Therefore,a special converter smelting technology incorporating energy saving was proposed.To evaluate the energy-saving potential of the CO_(2)–O_(2)mixed injection(COMI)technology,collected production data were used to develop an improved techno-economic model.Calculations reveal that the technology can save energy through auxiliary material consumption,sensible heat of solid by-product,iron loss reduction,and energy recovery.The application of COMI technology in an enterprise is cost effective,involving the energy saving potential of 0.206 GJ/t,the cost of conserved energy of−48.83 yuan/GJ,and a simple payback period of 0.35 year for a 60-million-yuan investment.Sensitivity analysis shows that the investment cost and discount rate primarily influence the cost of conserved energy of the technology.As the discount rate increased,the cost of conserved energy also gradually increased.Overall,the COMI technology is an energy-saving technology with good development prospects.
文摘This study analyzes the economic and environmental impacts of a climate change measure in Japan using a single-country dynamic computable general equilibrium model with technological change as an endogenous variable. In this way, a comprehensive analysis of the relationships between climate change and its measures, technology, and economy has been done. The model uses technological change as the accumulation of knowledge capital that is derived from research and development investment. The study investigates the impacts of a climate change measure considering the use of emission permit revenue and technological change induced by the policy implementation in the Japanese economy. Simulation results show that there is compatibility between CO2 emission reduction and positive effects on GDP that depends on the ways of the revenue use and technological change induced by emission reduction. However, it is not possible to find the ways to realize positive effects on both GDP and welfare simultaneously in the study. The sensitivity analysis for the elasticity of substitution between knowledge capital and other inputs also confirms the obtained results.
