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RESEARCH ON ENERGY SUBSTITUTION IN CHINESE INDUSTRIAL SECTORS BASED ON LINEAR LOGIT MODEL  ( SCI-EXPANDED收录)   被引量:2

文献类型:期刊文献

英文题名:RESEARCH ON ENERGY SUBSTITUTION IN CHINESE INDUSTRIAL SECTORS BASED ON LINEAR LOGIT MODEL

作者:Wang, Yunsong[1]

机构:[1]Shaoxing Univ, Business Sch, Shaoxing 312000, Peoples R China

年份:2021

卷号:30

期号:7

起止页码:8777

外文期刊名:FRESENIUS ENVIRONMENTAL BULLETIN

收录:SSCI(收录号:WOS:000675912500091)、SCI-EXPANDED(收录号:WOS:000675912500091)、、WOS

语种:英文

外文关键词:Logit model; energy; marginal elasticity; total elasticity

外文摘要:Based on the linear Logit model, this paper adopts the 1980-2014 Chinese Industrial Sectors data to measure the substitution between coal, electric power, and fuel in the industrial sector. The static linear Logit model was abandoned because of the poor goodness -of-fit of the measured results. The results of the dynamic linear Logit model show that there is a substitution among coal, electric power, and fuel. The substitution between coal and fuel is the largest, and the total substitution elasticity among the three energy sources is less than the marginal substitution elasticity. Due to the large lag of price adjustment, Short-term substitution elasticity is significantly less than long-term substitution elasticity. Based on the above research conclusions, this paper puts forward relevant suggestions for optimizing the energy consumption structure of China's Industrial Sectors, alleviating energy and environmental contradictions and upgrading industrial structure.

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