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Oil Price Shocks and Their Short- and Long-Term Effects on the Chinese Economy

Tang, Weiqi; Wu, Libo; Zhang, ZhongXiang - 2009

A considerable body of economic literature shows the adverse economic impacts of oil-price shocks for the developed economies. However, there has been a lack of empirical study of this kind on China and other developing countries. This paper attempts to fill this gap by answering how and to what...

Persistent link: https://www.econbiz.de/10014208269

Curse or Blessing? How Institutions Determine Success in Resource-Rich Economies

Kaznacheev, Peter - 2017

One of the main reasons for the drop in oil prices that began in 2014 was a rapid increase in U.S. oil production—it reached the level of the other two biggest producers, Russia and Saudi Arabia, that same year. That, in turn, decreased U.S. demand for imported petroleum and hence put downward...

Persistent link: https://www.econbiz.de/10012962823

Policy implications of resource constraints on the European economy

Kratena, Kurt; Sommer, Mark - 2014

It is expected that binding biophysical constraints have the potential to slow growth and impede the improvement of other key macroeconomic variables. Using a DYNK (Dynamic New Keynesian) model of the EU27, we study two different environmental policy options and evaluate their impact on...

Persistent link: https://www.econbiz.de/10011404720

Economic growth and equity in anticipation of climate policy

Miftakhova, Alena; Renoir, Clément - 2021

We study the role of the anticipation of climate policies on equity and economic growth in a numerical model of general equilibrium. The presence of the anticipation period allows the agents to adjust their choices before policy implementation. This period might change the equilibrium dynamics....

Persistent link: https://www.econbiz.de/10012544326

Economic Growth and Equity in Anticipation of Climate Policy

Miftakhova, Alena; Renoir, Clément - 2021

Persistent link: https://www.econbiz.de/10013223030

Sustainable development and openness in oil‑exporting countries : green growth and brown growth

Shirazi, Jalil Khodaparast; Taghvaee, Vahid Mohamad; … - In: Journal of economic structures : JES; the official … 9 (2020) 40, pp. 1-19

What is the nexus between sustainability and openness? This study employs econometric methods to estimate a … neoclassical growth model, considering brown and green growth as two pillars of sustainability, in ten oil-exporting countries … green growth viewpoint, the current relationship of sustainability with openness is negative in the sample, but it becomes …

Persistent link: https://www.econbiz.de/10012256511

China's Energy Economy : Technical Change, Factor Demand and Interfactor/Interfuel Substitution

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...

Persistent link: https://www.econbiz.de/10014209910

China's Energy Situation and its Implications in the New Millennium

Ma, Hengyun - 2014

Many are interested in China's energy situation, however, numerous energy related issues in China still remain unanswered. For example, what are the potential forces driving energy demand and supply? Previous reviews focused only on fossil fuel based energy and ignored other important elements...

Persistent link: https://www.econbiz.de/10013071134

China's Energy Economy : A Survey of the Literature

Ma, Hengyun - 2014

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 China;...

Persistent link: https://www.econbiz.de/10013067621

Winning or losing a run : the role of technological drivers at stages of development

Ruiz, Ana Urraca; Laguna Molina, Nuria Esther - In: Atlantic review of economics : AROE 1 (2018) 1

This article studies the role of technology drivers in catching up at different stages of development. Countries can be at different stages of development when entering in a new catching-up cycle. Thus, the technological drivers of growth [technological capabilities, external spillovers,...

Persistent link: https://www.econbiz.de/10012157100

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