The effects of energy price, technology, and disaster shocks on China's Energy-Environment-Economy system
The effects of energy price, technology, and disaster shocks on China's Energy-Environment-Economy system
复制标题
能源价格、技术和灾害冲击对中国能源-环境-经济系统的影响
DOI:
10.1016/j.jclepro.2018.09.256
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发表时间:
2019-01
影响因子:
11.1
通讯作者:
Balezentis Tomas
中科院分区:
文献类型:
--
作者:
Zhang Shangfeng;Hu Tingting;Li Jianbo;Cheng Can;Song Malin;Xu Bing;Balezentis Tomas
This paper constructs a dynamic stochastic general equilibrium (DSGE) model to analyze the effects of energy price, technology, and disaster shocks on China's Energy-Environment-Economy (3E) system. It also studies stylized facts, as well as co-integration and error correction dynamic analyses, of this system. The disaster shock is modeled as a two-state Markov switching process. The results show that both technology and energy price shocks increase the ratio of environmental investment to GDP. The improvement in technology and rising energy prices helps to reduce CO2pollution, and improve economic restructuring. Among the three kinds of shocks, technology shock is the most important. The robustness of the model is tested through statistical methods.
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影响因子:
9
作者:
H. Pao;H. Fu
通讯作者:
H. Pao;H. Fu
影响因子:
8.2
作者:
HAMILTON, JD
通讯作者:
HAMILTON, JD
DOI:
10.5547/issn0195-6574-ej-vol31-no2-4
发表时间:
2010-04
期刊:
The Energy Journal
影响因子:
--
作者:
L. Kilian
通讯作者:
L. Kilian
DOI:
10.2139/ssrn.1291167
发表时间:
2008-11
期刊:
ERN: General Equilibrium Models (Topic)
影响因子:
--
作者:
A. Barnett;Roland Straub
通讯作者:
A. Barnett;Roland Straub
DOI:
--
发表时间:
2015
期刊:
--
影响因子:
--
作者:
Q. Chen
通讯作者:
Q. Chen