R&D Spillover Embodied in Imports and Energy Consumption Intensity in China: An Empirical Analysis Based on Panel Data of 32 Industries
Yuhua Teng, Huogen Wang, Yan Chen
Abstract
Yuhua Teng, Huogen Wang, Yan Chen
Abstract
This paper empirically analyzes the effect of import trade spillover on the industrial energy consumption intensity, based on a panel of 32 industrial sectors for 1998-2007.The results show that research and development spillovers embodied in imports have indeed contributed to a decrease of industrial energy intensity both in high and low energy consumption intensity group in China. This paper will interest those policy makers and industrial entrepreneurs who are willing to improve energy efficiency in the industrial sector.
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This paper empirically analyzes the effect of import trade spillover on the industrial energy consumption intensity, based on a panel of 32 industrial sectors for 1998-2007.The results show that research and development spillovers embodied in imports have indeed contributed to a decrease of industrial energy intensity both in high and low energy consumption intensity group in China. This paper will interest those policy makers and industrial entrepreneurs who are willing to improve energy efficiency in the industrial sector.
Key concepts: China, Spillover effect, Panel data, Energy consumption, Consumption (sociology), Intensity (physics), Empirical research, Energy intensity