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Measuring energy rebound effect in the Chinese economy: An economic accounting approach
Affiliation:1. The School of Economics, China Center for Energy Economics Research, Xiamen University, Xiamen, Fujian, 361005, PR China;2. Newhuadu Business School, Minjiang University, Fuzhou, Fujian, 350108, PR China;3. School of Energy Research, B201 College of Economics, Xiamen University, Xiamen 361005, China;1. The School of Economics, China Center for Energy Economics Research, Xiamen University, Xiamen, Fujian, 361005, China;2. Newhuadu Business School, Minjiang University, Fuzhou 350108, China;3. School of Energy Research, Xiamen University, Xiamen 361005, China;1. Center for Research on Industrial Economics, School of Economics, Shanghai Univeristy, Shanghai 200444, China;2. Institute of Policy and Management, Chinese Academy of Sciences, Beijing 100190, China;3. School of Management and Economics, Beijing Institute of Technology, Beijing 100081, China
Abstract:Estimating the magnitude of China's economy-wide rebound effect has attracted much attention in recent years. Most existing studies measure the rebound effect through the additional energy consumption from technological progress. However, in general technological progress is not equivalent to energy efficiency improvement. Consequently, their estimation may be misleading. To overcome the limitation, this paper develops an alternative approach for estimating energy rebound effect. Based on the proposed approach, China's economy-wide energy rebound effect is revisited. The empirical result shows that during the period 1981–2011 the rebound effects in China are between 30% and 40%, with an average value of 34.3%.
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