UM  > 工商管理學院
Is economic rebalancing toward consumption "greener"? Evidence from visibility in China, 1984-2006
Zhigang Li1; Jia Yuan2; Frank Song3; Shangjin Wei4
2014
Source PublicationJOURNAL OF COMPARATIVE ECONOMICS
ISSN0147-5967
Volume42Issue:4Pages:1021-1032
Abstract

The Chinese government has adopted a rebalancing strategy since 2011, shifting from an investment- to consumption-oriented growth model. An aim of this reform is for a "greener" development mode, but relevant empirical evidence is slim. In this study, we propose an innovative methodology to shed light on the environmental externalities of economic rebalancing. First, we use air visibility across China to reflect air quality during 1984-2006. Second, with the daily visibility data, we propose a weekend-effect regression model to difference out city-specific unobserved heterogeneity. Third, we approximate local consumption intensity with the portion of the residential electricity usage in the total electricity usage. To our surprise, the estimates suggest that the pollution intensity of consumption activities has not only been significant, but also exceeded that of production since the mid-1990s. Hence, rebalancing toward consumption is not necessarily more environmentally friendly according to the recent development experience of China.

KeywordRebalancing Environment China
DOIhttps://doi.org/10.1016/j.jce.2014.06.003
Indexed BySSCI ; SSCI
Language英语
WOS Research AreaBusiness & Economics
WOS SubjectEconomics
WOS IDWOS:000347600300013
Fulltext Access
Citation statistics
Cited Times [WOS]:4   [WOS Record]     [Related Records in WOS]
Document TypeJournal article
CollectionFaculty of Business Administration
DEPARTMENT OF FINANCE AND BUSINESS ECONOMICS
Corresponding AuthorZhigang Li; Jia Yuan
Affiliation1.Southwestern University of Economics and Finance, Chengdu, China
2.University of Macau, Macau, China
3.University of Hong Kong, Hong Kong Special Administrative Region
4.Columbia University, USA
Corresponding Author AffilicationUniversity of Macau
Recommended Citation
GB/T 7714
Zhigang Li,Jia Yuan,Frank Song,et al. Is economic rebalancing toward consumption "greener"? Evidence from visibility in China, 1984-2006[J]. JOURNAL OF COMPARATIVE ECONOMICS,2014,42(4):1021-1032.
APA Zhigang Li,Jia Yuan,Frank Song,&Shangjin Wei.(2014).Is economic rebalancing toward consumption "greener"? Evidence from visibility in China, 1984-2006.JOURNAL OF COMPARATIVE ECONOMICS,42(4),1021-1032.
MLA Zhigang Li,et al."Is economic rebalancing toward consumption "greener"? Evidence from visibility in China, 1984-2006".JOURNAL OF COMPARATIVE ECONOMICS 42.4(2014):1021-1032.
Files in This Item:
There are no files associated with this item.
Related Services
Recommend this item
Bookmark
Usage statistics
Export to Endnote
Google Scholar
Similar articles in Google Scholar
[Zhigang Li]'s Articles
[Jia Yuan]'s Articles
[Frank Song]'s Articles
Baidu academic
Similar articles in Baidu academic
[Zhigang Li]'s Articles
[Jia Yuan]'s Articles
[Frank Song]'s Articles
Bing Scholar
Similar articles in Bing Scholar
[Zhigang Li]'s Articles
[Jia Yuan]'s Articles
[Frank Song]'s Articles
Terms of Use
No data!
Social Bookmark/Share
All comments (0)
No comment.
 

Items in the repository are protected by copyright, with all rights reserved, unless otherwise indicated.