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This paper investigates the technical inefficiency, shadow price and substitution elasticity of CO2 emissions of China … output distance function, we show that China’s technical inefficiency increases over the period implying further scope for CO …). Additionally, increasingly steep substitution elasticity highlights the difficult reality of reducing China’s CO2 emissions. …
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This paper examines the relationship between the logarithms of CO2 emissions and real GDP in China by applying …
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To correct market failures due to the presence of negative externalities associated with energy consumption, governments have adopted a variety of policies, including taxes, subsidies, regulations and standards, and information-based policies. For example, labels that clearly convey energy...
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