An Analysis of Influential Factors in China's Industrial Sector Energy Intensity under Open Economy——An Empirical Analysis Based on Panel Data Models of the 31 Industries

This paper empirically examines the effect of energy price,the proportion of FDI in industries sectors,import and export product composition,industrial structure and RD investment intensity to the industrial energy intensity,based on the panel data of China's 31 industrial sectors during the period from 1998 to 2004.The results show that increases in energy price contribute to a significant decline in industrial sectors.With a rise in the proportion of FDI in industrial sectors,energy intensity in industrial sectors increases,in particular for high energy-consuming sectors.The enhancement of RD investment intensity leads to a rise in energy intensity,especially for high energy-consuming sectors.The decline in the proportion of the exports in high energy-consuming sectors will help to reduce energy intensity in high energy-consuming sectors.Chang in import product composition don't significantly affect industrial energy intensity.And changes in industrial structure among industrial sectors have a significant effective influence on energy intensity in China's 31 industrial sectors and low energy-consuming sectors.