The fractal behaviour for petroleum pricing is investigated in several international systems. Based on the time series of Brent & WTI crude oil and Rotterdam & Singapore Leaded gasoline prices (daily spot), this paper analyses the fractal features in the systems under study by using Rescaled...

By proposing the hypotheses for carbon price volatility, this paper uses variance ratio and Ensemble Empirical Mode Decomposition (EEMD) to analyse the carbon price. Results show that carbon market is temperature-sensitive, affected by seasonal changes, which presents a style of movement...

This paper focuses on the government R&D expenditures and analyses the dynamic reaction patterns of energy R&D in several countries to oil shocks and shows that the oil shocks served as a strong incentive to promote energy R&D. But on the other hand, it suggests the myopic behaviour of...

This paper studied the cointegration and causality relations between China's energy consumption and economic growth. It concludes that there is bi-directional causality, but no cointegration, between them; therefore, China may have underestimated the pressure from increasing energy demand and...

Coal is the principal primary energy source in China. Research on coal demand is vital for informing China's economic development. In this paper, the theoretical structural break of coal demand was tested using annual time series data from 1980 to 2006. Results indicate that coal demand...

Though China has made great achievement in energy conservation in the last two decades, its energy consumption is increasing rapidly. In March 2006, China's government set a target for reducing its energy intensity by 20% by 2010 compared to the 2005 value. In this paper, we analyse China's...

Based on the complex system theory, this paper extends the current notion of the Energy-Economy-Environment (3E) model and establishes a theoretical framework for the Society-Economy-Energy-Environment-Technology (SE³T) complex system. The components and structure of SE³T are described, as...

Crude oil price has an important effect on national economic production and safety-stock. In this paper, we analysed the trends of Chinese and international crude oil prices and their fluctuations by testing the Granger causality and the dynamic effects to its counterpart. Results show that from...

Many studies, as well as historical events, indicate that oil price shocks affect the macro economy of a country. In this paper we build a Chinese Computable General Equilibrium (CGE) model, with which we simulate the impact on the Chinese economy of international crude oil price when it rises...

The fractal behaviour for petroleum pricing is investigated in several international systems. Based on the time series of Brent & WTI crude oil and Rotterdam & Singapore Leaded gasoline prices (daily spot), this paper analyses the fractal features in the systems under study by using Rescaled...