Research on energy-saving effect of technological progress based on Cobb-Douglas production function
Energy issues receive more and more attention these days. And it is considered that technological progress is an essential approach to save energy. This essay is to analyze the relation between energy intensity and technological progress by Cobb-Douglas production function in which energy, labor, capital and technological progress are taken as independent variables. It proves that the growth of output per capital and output per labor will increase energy intensity while technological progress will decrease energy intensity. Empirical research on Chinese industry is used here to indicate technological progress greatly decreases energy intensity. Because of the interferences of Asian financial crisis, there is something abnormal in the data. So in the empirical research, average weaken buffer operator (ABWO) is applied to weaken the interference of Asian financial crisis to the fixed assets, energy and value added. The results of the empirical research show that technological progress decreases energy intensity of Chinese industry an average of 6.3% every year in China.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Ma, Hengyun & Oxley, Les & Gibson, John & Kim, Bonggeun, 2008.
"China's energy economy: Technical change, factor demand and interfactor/interfuel substitution,"
Elsevier, vol. 30(5), pages 2167-2183, September.
- Hengyun Ma & Les Oxley & John Gibson & Bongguen Kim, 2009. "China's Energy Economy: Technical Change, Factor Demand and Interfactor/Interfuel Substitution," Working Papers 09_02, Motu Economic and Public Policy Research.
- John Gibson & Bongguen Kim & Hengyun Ma & Les Oxley, 2008. "China’s Energy Economy: Technical Change, Factor Demand and Interfactor/Interfuel Substitution," Working Papers in Economics 08/01, University of Canterbury, Department of Economics and Finance.
- BOUCEKKINE, Raouf & POMMERET, Aude, "undated".
"Energy saving technical progress and optimal capital stock: the role of embodiment,"
CORE Discussion Papers RP
1703, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Boucekkine, Raouf & Pommeret, Aude, 2004. "Energy saving technical progress and optimal capital stock: the role of embodiment," Economic Modelling, Elsevier, vol. 21(3), pages 429-444, May.
- Agustin, PEREZ-BARAHONA & Benteng, ZOU, 2003.
"Energy Saving Technological Progress in a Vintage Capital Model,"
Discussion Papers (IRES - Institut de Recherches Economiques et Sociales)
2003026, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
- PEREZ-BARAHONA, Agustin & ZOU, Benteng, "undated". "Energy-saving technological progress in a vintage capital model," CORE Discussion Papers RP 1875, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- van Zon, Adriaan & Yetkiner, I. Hakan, 2003. "An endogenous growth model with embodied energy-saving technical change," Resource and Energy Economics, Elsevier, vol. 25(1), pages 81-103, February.
- Berglund, Christer & Soderholm, Patrik, 2006. "Modeling technical change in energy system analysis: analyzing the introduction of learning-by-doing in bottom-up energy models," Energy Policy, Elsevier, vol. 34(12), pages 1344-1356, August.
- Neij, Lena & Astrand, Kerstin, 2006. "Outcome indicators for the evaluation of energy policy instruments and technical change," Energy Policy, Elsevier, vol. 34(17), pages 2662-2676, November.
When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:37:y:2009:i:8:p:2842-2846. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shamier, Wendy)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.