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By incorporating energy-saving through both technology-embodied investment and embodied investment-specific technical change, as well as disembodied factor-neutral technical change into a dynamic stochastic general equilibrium (DSGE) model with heterogeneous investment, this paper deepens our...
Persistent link: https://www.econbiz.de/10012840645
employs unique firm-level data from China's most energy-intensive large and medium-size industrial enterprises in each of … these four industries over a six-year period from 1999 to 2004. It empirically examines how China's energy-saving programs … intensity in all four industries. China's industrial policies targeting scale economies -- for example, "grasping the large …
Persistent link: https://www.econbiz.de/10012974131
Persistent link: https://www.econbiz.de/10014109159