Ma, Hengyun; Oxley, Leslie T.; Gibson, John; Kim, Bonggeun - 2014
With its rapid economic growth, China's primary energy consumption has exceeded domestic energy production since 1994 …, leading to a substantial expansion in energy imports, particularly of oil. China's energy demand has an increasingly … significant impact on global energy markets. In this paper Allen partial elasticities of factor and energy substitution, and price …