China, from its own perspective cannot afford to and, from an international perspective, is not allowed to continue on the conventional path of encouraging economic growth at the expense of the environment. Instead, China needs to transform its economy to effectively address concern about a...

China had been the world's second largest carbon emitter for years. However, recent studies show that China had overtaken the U.S. as the world's largest emitter in 2007. This has put China in the spotlight, just at a time when the world community starts negotiating a post-Kyoto climate regime...

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 similar empirical study on China and other developing countries. This paper attempts to fill this gap by answering how and to what...

This paper aims to examine the impacts of oil-price shocks on China’s price levels. To that end, we develop a partial transmission input-output model that captures the uniqueness of the Chinese market. We hypothesize and simulate price control, market factors and technology substitution - the...

China’s emerging standing in the world demands a major rethinking of its diplomatic strategies. Given its population size, geographical scale, economic power and military presence, China is poised to play a larger political role in the twenty-first century, and is thus perceived by the...

Just prior to the Copenhagen climate summit, China pledged to cut its carbon intensity by 40-45% by 2020 relative to its 2005 levels to help to reach an international climate change agreement at Copenhagen or beyond. This raises the issue of whether such a pledge is ambitious or just represents...

As a useful complement to numerous innovation policy studies from a normative perspective, this paper provides a positive framework to analyze the basic economic mechanism of energy technological innovation and explain its slow pace of technological progress. We find that the...