%0 Journal Article
%T Estimating the Rebound Effect of Energy Consumption of Industrial Sectors in China Based on the Perspective of Technological Advancement<br>中国工业部门能源消费反弹效应的估算——基于技术进步视角的实证研究
%A GUO Juan
%A LING Yu
%A GUO Chonghui
%A <br>国涓
%A 凌煜
%A 郭崇慧
%J 资源科学
%D 2010
%I 
%X Rebound effect is an important issue in energy economics having received much attention in that the rebound effect of energy consumption directly affects the effectiveness of energy policies. According to a universally accepted economic view, the rebound effect determines the pure efficiency effect. Energy consumption would continue to grow even if energy efficiency is improved under the condition of the efficiency elasticity of energy demand being higher than 1. The rebound effect shows varying definitions in the energy economics literature. Most studies are only related to theoretical issues, showing less regarding analysis and estimation of the size of the potential rebound effects. On the other hand, most of empirical studies are associated merely with the residential sector or fuel consumption for transportation purposes, lacking empirical tests of the industrial sector. By adopting a thermodynamic point of view, this paper presents a framework incorporating three input factors (i.e., capital, labor and energy) of neoclassical product functions based on a brief review of related economic literature. Data of energy, economy and capital of industrial sectors in China during the period 1978-2007, the widely used econometric methods, as well as a ridge regression model were jointly utilized to estimate the contribution of technological progress in the industrial sectors in China. The size of rebound effect based on technological progress during the period 1979-2007 was subsequently calculated. Results show that the average size of rebound effect in the study period was roughly 46.38%, showing a generally decreasing trend with certain fluctuations. This indicates that improving the technological level of energy consumption is gradually becoming a critical tool to effectively utilize and reserve energy. Technological progress plays a role in improving energy efficiency; however, the expected goal of energy saving has not realized in the industrial sectors but displays a promising energy saving trend in the long term. The policy implications are that a sole emphasis on technological progress to improve energy utilization efficiency would not necessarily result in achieving the goal of energy consumption reduction or thoroughly solving problems of energy constraints. As such, it seems to be critical to reinforcing appropriate governmental regulations in the energy field. In the meanwhile, the expansion of economic scale in industrial sectors should be appropriately controlled, following the macro-control policies such as proper energy price policy and tax policy in order to achieve the expected goal of energy saving.
%K Rebound effect
%K Solow remainder
%K Technological progress
%K Energy consumption
%K Ridge regression<br>反弹效应
%K 索罗余数
%K 技术进步
%K 能源消费
%K 岭回归
%U http://www.alljournals.cn/get_abstract_url.aspx?pcid=B5EDD921F3D863E289B22F36E70174A7007B5F5E43D63598017D41BB67247657&cid=B47B31F6349F979B&jid=9DEEAF23637E6E9539AD99BE6ABAB2B3&aid=383F386E8B22DE5C1B6BA56737FB6CB2&yid=140ECF96957D60B2&vid=9971A5E270697F23&iid=F3090AE9B60B7ED1&sid=79D108842269596A&eid=98973A2DBA64FAC9&journal_id=1007-7588&journal_name=资源科学&referenced_num=1&reference_num=18