Existing studies have focused on the impact of inefficient resource allocation on energy performance in China's factor market, but neglected to explore the underlying reason from the perspective of market segmentation. In this paper, the epsilon-based measure model and price index method are...

We examine the relationship between fossil fuel (FF) endowments and economic convergence. Countries with plausibly exogenous FF endowments show patterns of convergence, as indicated by standard convergence tests. By contrast, we fi nd no evidence of convergence among countries without FF...

We estimate time-varying income and price elasticities for energy demand for a 26- country, middle-income (primarily non-OECD) balanced panel that spans 1996-2014. To do so, we employ a recently developed nonparametric local linear dummy estimation method that estimates the trend and coefficient...

A considerable amount of research at the micro level has shown that that carbon tax combined with research subsidy may be regarded as an optimal policy in view of diffusing low carbon technologies for the benefit of the society. The paper exploits the macro economic approach of the endogenous...

This analysis provides an international perspective geared towards understanding the future demands being placed on the world's electricity system. It focuses upon the household or residential demand for electricity in a number of high-income and middle-income countries that may raise power...

A considerable amount of research has shown that carbon tax combined with research subsidy may be regarded as optimal policy for diffusing low carbon technologies. The paper exploits the macro economic approach of the endogenous growth models with technologic al change for a comparative...

China’s global quest for resources, in particular oil and natural gas, has received unprecedented worldwide attention and scrutiny. This is partly because of China’s own high-profile, active energy diplomacy, its national oil companies’ acquisitions in the key exporting regions of oil and...

There exists a strong correlation between income growth and energy consumption. In general, their effects are positive (or non-significant) in both directions. However, none of the existing works control properly for double causality. In this vein, energy governance has a remarkable importance...

In this review we assess both the reasons/hypotheses for why GDP and price elasticities of energy/electricity demand might change over time, and the evidence from papers that have addressed that issue. We consider papers that have used parametric methods (e.g., endogenous or exogenous breaks,...

Understanding the income/GDP and price elasticities of electricity demand is important for forecasting demand and evaluation of the potential impact of policies. Yet, there has been little work on this topic that focuses on countries outside the OECD. We employ a new database of cross-country...