Energy consumption of urban households in China

被引：16
|
作者：
Hu, Wenhao [1 ,2 ,3 ]
Ho, Mun S. [1 ,2 ,3 ]
Cao, Jing [1 ,2 ,3 ]
机构：
[1] Tianjin Univ, Ma Yinchu Sch Econ, Tianjin, Peoples R China
[2] Harvard China Project Energy Econ & Environm, Sch Engn & Appl Sci, Cambridge, MA USA
[3] Tsinghua Univ, Sch Econ & Management, Beijing, Peoples R China
来源：
CHINA ECONOMIC REVIEW | 2019年 / 58卷
基金：
美国国家科学基金会;
关键词：
Household energy consumption; Demand price elasticity; China; RESIDENTIAL ELECTRICITY DEMAND; GASOLINE DEMAND; ELASTICITIES; EXPENDITURES; SYSTEM; COAL; GAS; RUN;
D O I：
10.1016/j.chieco.2019.101343
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We estimate China urban household energy demand as part of a complete system of consumption demand so that it can be used in economy-wide models. This allows us to derive cross-price elasticities unlike studies which focus on one type of energy. We implement a two-stage approach and explicitly account for electricity, domestic fuels and transportation demand in the first stage and gasoline, coal, LPG and gas demand in the second stage. We find income inelastic demand for electricity and home energy, but the elasticity is higher than estimates in the rich countries. Demand for total transportation is income elastic. The price elasticity for electricity is estimated to be -0.5 and in the range of other estimates for China, and similar to long-run elasticities estimated for the U.S.
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页数：18
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