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Projections of Chinese Energy Demands in 2020

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Author Info
F. Gerard Adams () (College of Business Administration, Northeastern University)
Yochanan Shachmurove () (Department of Economics, City University of New York and Department of Economics, University of Pennsylvania)

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Abstract

As current trends of Chinese economic growth and motorization continue, its demand for higher efficiency fuels (oil, gas, and electric power) will increase. This, coupled with China’s limited domestic production, can translate into a massive demand for energy imports. To predict China’s energy demand into 2020, an econometric model of the Chinese energy economy is constructed based on its energy balance. This paper suggests that China’s increase demand for energy imports will be most sensitive to increases in motorization rather than economic growth. It can be partially offset by increasing domestic energy production or energy efficiency.

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Publisher Info
Paper provided by Penn Institute for Economic Research, Department of Economics, University of Pennsylvania in its series PIER Working Paper Archive with number 07-012.

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Length: 30 pages
Date of creation: 01 Feb 2007
Date of revision:
Handle: RePEc:pen:papers:07-012

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Related research
Keywords: China Energy Energy Demand Petroleum and Coal World Energy Markets Motorization Energy Efficiency

Find related papers by JEL classification:
Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation
Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
F1 - International Economics - - Trade
F2 - International Economics - - International Factor Movements and International Business
F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
L9 - Industrial Organization - - Industry Studies: Transportation and Utilities
N7 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services
O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
P28 - Economic Systems - - Socialist Systems and Transition Economies - - - Natural Resources; Environment

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This page was last updated on 2008-8-25.


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