Burke, Paul J.; Liao, Hua
China's dependence on coal is a major contributor to local and global environmental problems.
In this paper we estimate the price elasticity of demand for coal in China using a panel of
province-level data for 1998–2012. We find that provincial coal demand has become increasingly
price elastic. As of 2012 we estimate that this elasticity was in the range −0.3 to −0.7
in point estimate terms when responses over two years are considered. The results imply
that China's coal market is becoming...[Show more]
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