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Study on energy rebound effects of China's industries
Guangqing Xu1, Danze Huang2, Xiaoyu Chen3
1School of Environment and Natural Resources, Renmin University of China, Beijing, China.
Abstract:
From the perspective of generalized technological progress, this study investigates the energy rebound effects on China's domestic overall and the country's various industries using 2005-2017 data. The results showed that the rebound effect of the domestic overall is driven mainly by the secondary sector. The domestic overall and high-energy-consuming industries decrease the rebound effects, whereas low-energy-consuming industries increase the rebound effects. As China's industrial structure does not lean toward high-energy-consuming industries, this implies that the Industrial Restructuring Initiative that began in the Chinese government's "Eleventh Five-Year Plan" has effectively slowed down the rebound effects of high-energy-consuming industries, and the feedback effect of self-reinforcement within the economic system was offset. The results also implied that energy efficiency policies should shift to low-energy-consuming industries; the rebound effects of the energy industries could be lessened, the energy efficiency of low-energy-consuming industries could be increased, and the industrial structure could be further optimized by implementing an appropriate pricing in electricity.
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