IDEAS home Printed from https://ideas.repec.org/a/mes/emfitr/v55y2019i5p967-979.html
   My bibliography  Save this article

Energy Conservation and Emission Reduction of Chinese Cement Industry: From a Perspective of Factor Substitutions

Author

Listed:
  • Zihan Zhang
  • Boqiang Lin

Abstract

Cement is an essential basic and resource, which has a significant impact on the Chinese national economy. However, at present, cement is still an unsustainable basic building material, and as such cannot be reused. During the production process, cement consumes a great deal of coal, electricity, and other energy resources. In this way, cement belongs to the category of traditional industries with a high-energy consumption and environmental impact, including the emission of serious levels of air pollutants such as dust. With increasingly serious problems relating to resources and the environment in China, the problem of energy saving and emission reduction in the cement industry is becoming more and more important. We use the translog cost function to investigate inter-factor and inter-fuel substitution in China’s cement industry over the period from 1994 to 2014. The results revealed that capital is in an absolute core position, so energy or the labor force has no obvious substitution effect on capital, which leads to more and more reliance on the capital input of the cement industry. In addition, the substitution elasticity of coal and oil in the cement industry is very high. Therefore, in the process of cement production, it is possible to promote the use of natural gas.

Suggested Citation

  • Zihan Zhang & Boqiang Lin, 2019. "Energy Conservation and Emission Reduction of Chinese Cement Industry: From a Perspective of Factor Substitutions," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 55(5), pages 967-979, April.
  • Handle: RePEc:mes:emfitr:v:55:y:2019:i:5:p:967-979
    DOI: 10.1080/1540496X.2018.1516638
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/1540496X.2018.1516638
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/1540496X.2018.1516638?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:emfitr:v:55:y:2019:i:5:p:967-979. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MREE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.