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Energy Economics: Modeling and Empirical Analysis in China

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

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Energy, just like labor and capital, is universally acknowledged to be the fundamental production factor and strategic resource of an industrial society. Chinaâ€™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 Chinaâ€™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 Chinaâ€™s energy policy, the book covers: Gross and structural features of Chinaâ€™s energy economy Forecasting of Chinaâ€™s energy supply and demand Fluctuations in the international oil market and Chinaâ€™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.

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