气候变化领域集成服务门户(CCPortal): Decomposition analysis of debt's impact on China's energy consumption

CCPortal

DOI	10.1016/j.enpol.2020.111802
	Decomposition analysis of debt's impact on China's energy consumption
	Sun X.; Liu X.
发表日期	2020
ISSN	03014215
卷号	146
英文摘要	Debt can influence the energy consumption of private sectors and public agencies by changing their fiscal budget constraints. From 1996 to 2016, China has had rapid debt growth and become the second-largest borrower in the world. Additionally, China has been the largest energy consumer since 2009. The impact of debt growth on its energy consumption, however, is not much addressed in the literature. Using an extended LMDI model, we investigate the impact of China's debt on its energy consumption from 1996 to 2016 in a new way. The results show that (1) among the closed set of debt-related factors and other conventional variables studied, private debt per capita makes the strongest contribution to China's energy consumption, and population has a moderate impact on the growth of energy consumption; (2) energy efficiency improvement, output efficiency of government debt, debt structure adjustment, and increased tertiary industry share are mitigating forces of energy consumption. These results provide a new, holistic perspective for the Chinese government to formulate synergistic policies of risk control and pollution control. © 2020 Elsevier Ltd
关键词	China Debt's impact Decomposition analysis Energy consumption
英文关键词	Budget control; Energy efficiency; Pollution control; Population statistics; Budget constraint; Chinese Government; Decomposition analysis; Energy efficiency improvements; Holistic perspectives; Public agencies; Structure adjustments; Tertiary industries; Energy utilization; debt; decomposition analysis; energy efficiency; energy use; government; private sector; public sector; China
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/204877
作者单位	The Institute for China's Overseas Interests, Shenzhen University, Shenzhen, Guangdong, 518060, China; School of Economics, Shandong Technology and Business University, Yantai, Shandong, 264005, China
推荐引用方式 GB/T 7714	Sun X.,Liu X.. Decomposition analysis of debt's impact on China's energy consumption[J],2020,146.
APA	Sun X.,&Liu X..(2020).Decomposition analysis of debt's impact on China's energy consumption.Energy Policy,146.
MLA	Sun X.,et al."Decomposition analysis of debt's impact on China's energy consumption".Energy Policy 146(2020).