Energy shortage and environmental degradation have become significant hurdles for China's sustainable development nowadays. One of the most efficient and effective ways to ease energy shortage is to sufficiently reduce energy intensity. In the extant literature on the influential factors of...

This study investigates the effect of government efficiency on energy efficiency by employing data from a panel of 31 OECD countries covering the periods 1990–2014 using the group-mean dynamic common correlated estimator (DCCE) regression, panel cointegration test as well as vector error...

This paper develops and estimates an open-economy dynamic stochastic general equilibrium (DSGE) model of the Hong Kong economy. The model features short-run price rigidities generated by monopolistic competition and staggered reoptimization. We devote special attention to asset prices and wealth...

This paper develops and estimates an open-economy dynamic stochastic general equilibrium (DSGE) model of the Hong Kong economy. The model features short-run price rigidities generated by monopolistic competition and staggered reoptimization. We devote special attention to asset prices and wealth...