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This report is addressed at modelling energy-economy interactions in small developing countries, those with populations less than 20 million or so and where neither the industrial or energy sectors are dominant. The overall objectives of the research were to learn more about how energy-economy...
Persistent link: https://www.econbiz.de/10009432769
Policies under consideration within the Climate Convention would impose CO₂ controls on only a subset of nations. A model of economic growth and emissions, coupled to an analysis of the climate system, is used to explore the consequences of a sample proposal of this type. The results show how...
Persistent link: https://www.econbiz.de/10009433042
A reorientation toward emphasis on consumption has become a major issue in China, raising the question of the relation between economic growth and the composition of output. The issue is addressed here, using insights from economic growth theories. These theories indicate that concentration on...
Persistent link: https://www.econbiz.de/10013055706
The explanation offered here for the high rates of saving in China is that much of the saving has been in two Benthamite senses, “forced.” Involuntary saving, the first of Bentham's meanings, includes taxes which finance investment. These have been more than half of total saving in China in...
Persistent link: https://www.econbiz.de/10013055709
Although China agreed to abandon their use by 2001, subsidies to loss-making state owned enterprises continued through 2002. OLS and fixed effects regressions based on Chinese provincial data suggest strongly that the subsidies and annual increments in long term bank loans have stimulated the...
Persistent link: https://www.econbiz.de/10014068816
A little logic and a little evidence does not warrant the conclusion that the yuan should be appreciated. There has been no depreciation of the yuan in recent years to generate increases in China's exports and the total of China's and Hong Kong's exports to the U.S. has remained virtually...
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