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China's Coke Industrial and Trade Policy Over 2000–2013: Its Evolution and Effects

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  • Shuyun Wang

    (School of Finance and Accounting, Zhejiang Changzheng Professional College, Hangzhou 310023, China;
    School of International Business Management, Shanghai University of Finance and Economics, Shanghai 200433, China)

  • Zesheng Sun

    (School of Economics and Management, Zhejiang University of Science and Technology, Hangzhou 310023, China;
    Center for Energy Studies, Louisiana State University, Baton Rouge 70820, US)

Abstract

This paper systematically discusses the evolution of China's industrial and trade policy regarding coke and the effects of this policy over the past decade, particularly from 2004 to 2013. We found that: (1) due to the impact of China's strict industrial policies, the country's coal and coke industry is still competitive. These policies have also helped the Chinese government achieve its goal of maintaining security and energy conservation. (2) China's coke trade policies did not reduce the volume of coke export. There is also no reliable evidence that strong coke industrial and trade policies have led to the expansion of the spread between the Chinese price and the international price. (3) There is a co-integration relationship between the domestic Chinese coke price and the international coke price, while changes in China's domestic coke price and macroeconomic climate index are both one-way Granger causes of the change in the international coke price.

Suggested Citation

  • Shuyun Wang & Zesheng Sun, 2014. "China's Coke Industrial and Trade Policy Over 2000–2013: Its Evolution and Effects," China Economic Policy Review (CEPR), World Scientific Publishing Co. Pte. Ltd., vol. 3(02), pages 1-24.
    • Handle: RePEc:wsi:ceprxx:v:03:y:2014:i:02:n:s1793969014500083
    DOI: 10.1142/S1793969014500083
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    1. Vedapushpa, 2007. "Book Review: Towards a Relevant Social Science," Working Papers id:965, eSocialSciences.
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