A CGE analysis to study the impacts of energy investment on economic growth and carbon dioxide emission: A case of Shaanxi Province in western China

Chuanyi Lu; Xiliang Zhang; Jiankun He

doi:10.1016/j.energy.2009.04.007

A CGE analysis to study the impacts of energy investment on economic growth and carbon dioxide emission: A case of Shaanxi Province in western China

Chuanyi Lu^*, Xiliang Zhang, Jiankun He

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

68 Citations (Scopus)

Abstract

A two-region ten-sector computable general equilibrium (CGE) model was built to analyze the effects of investment growth in the energy sectors of western areas of China on the local economy and emission of carbon dioxide (CO₂). There are three different scenarios in the quantitative analysis for the investment increase in energy sectors of the western areas. The investment to energy sectors is increased at the rate of 20%, 40%, and 60%. Based on Shaanxi Province's 2002 input-output table, the change of some macro-economic variables is simulated under these scenarios. The results show that the GDP growth is at 0-8.92%, households disposable income growth is at 0-8.94%, and emission of carbon dioxide growth is at 0-11.10% when the investment growth is at 0-60%. The oil and gas sector is the most effective sector with a growth rate of 0-19.47%.

Original language	English
Pages (from-to)	4319-4327
Number of pages	9
Journal	Energy
Volume	35
Issue number	11
DOIs	https://doi.org/10.1016/j.energy.2009.04.007
Publication status	Published - 2010
Externally published	Yes

Keywords

Emission
Energy investment
General equilibrium model
Shaanxi
Western development

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10.1016/j.energy.2009.04.007

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@article{da39dea4a3174266a15c02bbe7fb37f9,

title = "A CGE analysis to study the impacts of energy investment on economic growth and carbon dioxide emission: A case of Shaanxi Province in western China",

abstract = "A two-region ten-sector computable general equilibrium (CGE) model was built to analyze the effects of investment growth in the energy sectors of western areas of China on the local economy and emission of carbon dioxide (CO2). There are three different scenarios in the quantitative analysis for the investment increase in energy sectors of the western areas. The investment to energy sectors is increased at the rate of 20%, 40%, and 60%. Based on Shaanxi Province's 2002 input-output table, the change of some macro-economic variables is simulated under these scenarios. The results show that the GDP growth is at 0-8.92%, households disposable income growth is at 0-8.94%, and emission of carbon dioxide growth is at 0-11.10% when the investment growth is at 0-60%. The oil and gas sector is the most effective sector with a growth rate of 0-19.47%.",

keywords = "Emission, Energy investment, General equilibrium model, Shaanxi, Western development",

author = "Chuanyi Lu and Xiliang Zhang and Jiankun He",

year = "2010",

doi = "10.1016/j.energy.2009.04.007",

language = "English",

volume = "35",

pages = "4319--4327",

journal = "Energy",

issn = "0360-5442",

publisher = "Elsevier",

number = "11",

}

TY - JOUR

T1 - A CGE analysis to study the impacts of energy investment on economic growth and carbon dioxide emission

T2 - A case of Shaanxi Province in western China

AU - Lu, Chuanyi

AU - Zhang, Xiliang

AU - He, Jiankun

PY - 2010

Y1 - 2010

N2 - A two-region ten-sector computable general equilibrium (CGE) model was built to analyze the effects of investment growth in the energy sectors of western areas of China on the local economy and emission of carbon dioxide (CO2). There are three different scenarios in the quantitative analysis for the investment increase in energy sectors of the western areas. The investment to energy sectors is increased at the rate of 20%, 40%, and 60%. Based on Shaanxi Province's 2002 input-output table, the change of some macro-economic variables is simulated under these scenarios. The results show that the GDP growth is at 0-8.92%, households disposable income growth is at 0-8.94%, and emission of carbon dioxide growth is at 0-11.10% when the investment growth is at 0-60%. The oil and gas sector is the most effective sector with a growth rate of 0-19.47%.

AB - A two-region ten-sector computable general equilibrium (CGE) model was built to analyze the effects of investment growth in the energy sectors of western areas of China on the local economy and emission of carbon dioxide (CO2). There are three different scenarios in the quantitative analysis for the investment increase in energy sectors of the western areas. The investment to energy sectors is increased at the rate of 20%, 40%, and 60%. Based on Shaanxi Province's 2002 input-output table, the change of some macro-economic variables is simulated under these scenarios. The results show that the GDP growth is at 0-8.92%, households disposable income growth is at 0-8.94%, and emission of carbon dioxide growth is at 0-11.10% when the investment growth is at 0-60%. The oil and gas sector is the most effective sector with a growth rate of 0-19.47%.

KW - Emission

KW - Energy investment

KW - General equilibrium model

KW - Shaanxi

KW - Western development

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U2 - 10.1016/j.energy.2009.04.007

DO - 10.1016/j.energy.2009.04.007

M3 - Article

AN - SCOPUS:77958116554

SN - 0360-5442

VL - 35

SP - 4319

EP - 4327

JO - Energy

JF - Energy

IS - 11

ER -

A CGE analysis to study the impacts of energy investment on economic growth and carbon dioxide emission: A case of Shaanxi Province in western China

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Keywords

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