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TRADE LIBERALIZATION, ENERGY‐SAVING TECHNOLOGICAL CHANGE AND ENERGY INTENSITY: SOME EMPIRICAL EVIDENCE FROM CHINA.

This paper discusses the transmission mechanism and effects that trade liberalization influences energy intensity through energy‐saving technological change (ESTC). We construct panel data from manufacturing industries in China over the period of 1994–2017, thereby conducting empirical tests through...

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Publicado en:Contemporary Economic Policy Vol. 39; no. 2; pp. 365 - 377
Autores principales: Wang, Jun, Wang, Chengbo, Wan, Xuan
Formato: Artículo
Publicado: Wiley-Blackwell Apr2021
Materias:
China
Manufacturing industries
Free trade
Industrial pollution
Panel analysis
Regression analysis
Acceso en línea:Ver este registro en EBSCOhost
Sumario:This paper discusses the transmission mechanism and effects that trade liberalization influences energy intensity through energy‐saving technological change (ESTC). We construct panel data from manufacturing industries in China over the period of 1994–2017, thereby conducting empirical tests through mediation models and discontinuity regression models. The results find that trade liberalization significantly promotes the lowering of energy intensity through ESTC. Heterogeneity test results show that the trade liberalization effect is higher in industries with low barriers to entry and industries with high pollution. Fuzzy regression discontinuity (FRD) results show that energy intensity decreasing as China's accession to the World Trade Organization (WTO).