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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Published in:Contemporary Economic Policy Vol. 39; no. 2; pp. 365 - 377
Main Authors: Wang, Jun, Wang, Chengbo, Wan, Xuan
Format: Article
Published: Wiley-Blackwell Apr2021
Subjects:
Online Access:View this record in EBSCOhost
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        atl: TRADE LIBERALIZATION, ENERGY‐SAVING TECHNOLOGICAL CHANGE AND ENERGY INTENSITY: SOME EMPIRICAL EVIDENCE FROM CHINA.
      aug:
        au:
          Wang, Jun
          Wang, Chengbo
          Wan, Xuan
        affil:
          School of Economics & Trade, GuangDong University of Foreign Studies, Guangzhou, China 510006
          Business School, Oxford Brookes University, Oxford, UK OX3 0BP
          School of Economics, Zhejiang Gongshang University, Hangzhou, China 310018
      su:
        China
        Manufacturing industries
        Free trade
        Industrial pollution
        Panel analysis
        Regression analysis
      sug:
        subj:
          Manufacturing industries
          China
          Free trade
          Industrial pollution
          Panel analysis
          Regression analysis
      ab: 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).
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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