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Is the price elasticity of demand for coal in China increasing?

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dc.contributor.authorBurke, Paul J.
dc.contributor.authorLiao, Hua
dc.date.accessioned2015-11-16T00:50:13Z
dc.date.available2015-11-16T00:50:13Z
dc.date.issued2015-12
dc.date.updated2016-02-24T10:11:39Z
dc.description.abstractChina'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 more suited to price-based approaches to reducing emissions. The elimination of coal consumption subsidies could reduce national coal use and related emissions by around 2%.
dc.description.sponsorshipThe research received funding from the Australia–China Research Program on Climate Change Mitigation Policy, the CAS Strategic Priority Research Program (No. XDA05150600), and the National Natural Science Foundation of China (Nos. 71322306, 71273027, 71521002).en_AU
dc.identifier.issn1043-951Xen_AU
dc.identifier.urihttp://hdl.handle.net/1885/16492
dc.publisherElsevier
dc.rights© 2015 Elsevier Inc. http://www.sherpa.ac.uk/romeo/issn/1043-951X/..."Authors pre-print on any website, including arXiv and RePEC" from SHERPA/RoMEO site (as at 16/11/15).
dc.sourceChina Economic Review
dc.subjectCoal
dc.subjectPrice elasticity
dc.subjectDemand
dc.subjectChina
dc.subjectProvincial
dc.subjectEconomic reform
dc.subjectPrice reform
dc.titleIs the price elasticity of demand for coal in China increasing?
dc.typeJournal article
local.bibliographicCitation.lastpage322en_AU
local.bibliographicCitation.startpage309en_AU
local.contributor.affiliationBurke, Paul J., Australian National Universityen_AU
local.contributor.authoruidu4372088en_AU
local.identifier.absfor140205en_AU
local.identifier.absseo85en_AU
local.identifier.ariespublicationU3488905xPUB6716
local.identifier.citationvolume36en_AU
local.identifier.doi10.1016/j.chieco.2015.10.004en_AU
local.identifier.scopusID2-s2.0-84946543290
local.publisher.urlhttp://www.elsevier.com/en_AU
local.type.statusSubmitted Versionen_AU

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