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The paper investigates energy price co-movement over the period 01/1999-12/2005 for China as a whole, and over sub-periods and for seven regions, using panel unit root and panel cointegration tests developed by Pedroni (1999, 2004). The results suggest that not all energy sources are spatially...
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Employing the new regression tests for Convergence, Club Convergence and Clustering proposed by Phillips and Sul (2007), this paper models and analyses the behaviour of China's energy sectors. Energy market ‘convergence clusters’ are identified using new price data, and their regional...
Persistent link: https://www.econbiz.de/10010868739
Following reforms to the market, China’s hog industry has developed rapidly, however, with social and economic transitions, China’s hog industry is facing challenges which might restrict long-term growth in production. This paper analyzes the changes in regional scale, organization, input...
Persistent link: https://www.econbiz.de/10010870898
Over the last five years, China has significantly expanded its dairy cow numbers and increased its dairy processing capacity in an attempt to meet increased demand for dairy products. However, China's net import of dairy products has expanded at a growth rate in excess of 30% during the same...
Persistent link: https://www.econbiz.de/10010699499
This paper reviews the literature on China's energy economy, focusing particularly on: (i) the relationship between energy consumption and economic growth; (ii) China's changing energy intensity; (iii) energy demand and energy-non-energy substitution; (iv) the emergence of energy markets in...
Persistent link: https://www.econbiz.de/10008469845
This study investigates the emergence of energy markets by testing for convergence of energy prices with a new dataset on energy spot prices in 35 major cities in China. Both descriptive statistics and unit root are employed to test the convergence of energy prices for each of four fuel price...
Persistent link: https://www.econbiz.de/10008473963