The Energy Journal, October 1st, 1993
A study was conducted on the relationship between energy usage and economic activity in China. Tests focusing on income elasticity were done by applying grouped, province-level cross-section data. The tests also integrated factors which show the impact of energy consumption on economic development and price levels. Results show that China may not adopt greater energy-focused policies for the 1990s.
INTRODUCTION
Long-term forecasting of energy consumption is usually based on the relationship between energy consumption and economic activities. Previous studies of energy consumption and economi...
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