Dong, Baomin; Li, Xuefeng; Lin, Boqiang - In: Review of Development Economics 14 (2010) s1, pp. 499-519
The paper studies the behavior of mid- to long-run real coal price in the Chinese market. The problem is of great importance because the coal takes a 70% share in China's energy mix, and China is the world's second largest carbon emitter. An accurate forecast in coal price is crucial in...