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
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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
Balezentis Tomas
中科院分区:
环境科学与生态学1区
文献类型:
--
作者:
Zhang Shangfeng;Hu Tingting;Li Jianbo;Cheng Can;Song Malin;Xu Bing;Balezentis Tomas

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构建了一个动态随机一般均衡模型,分析了能源价格、技术和灾害冲击对中国的能源-环境-经济(3E)系统的影响。它还研究了该系统的风格化事实,以及协整和误差修正动态分析。灾难冲击被建模为一个两状态马尔可夫切换过程。结果表明,技术和能源价格冲击都会增加环境投资占GDP的比例。技术进步和能源价格上涨有助于减少二氧化碳污染,促进经济结构调整。在这三种冲击中,科技冲击是最重要的。通过统计方法对模型的稳健性进行了检验。
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.
DOI: 10.1016/j.energy.2014.12.076
发表时间: 2015-03
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