IDEAS home Printed from https://ideas.repec.org/a/eee/energy/v313y2024ics0360544224039306.html
   My bibliography  Save this article

Enhancing understanding of rebound effect: A novel varying coefficient model for China's industrial sector

Author

Listed:
  • Xu, Mengmeng
  • Chen, Can
  • Zhou, Xiaoshi

Abstract

Enhancing energy efficiency in the industrial sector is crucial for achieving sustainable energy development in China. However, the energy rebound effect often offsets expected energy savings. Given the dynamic and complex nature of the energy rebound effect, its prompt and accurate measurement within the industrial sector is critical. This study introduces a varying coefficient production function that relaxes the traditional assumption of fixed input-output elasticities, offering a more precise evaluation of the energy rebound effect in China's industrial sector. The results highlight three key findings: (1) the elasticity of labor, capital, and energy demonstrates substantial temporal variation; (2) the energy rebound effect, calculated using the varying coefficient production function, is 61.82 %, exceeding the 50.49 % estimated by the traditional Cobb-Douglas production function with fixed coefficients; (3) the energy rebound effect exhibits significant disparities across different periods and regions. Based on these findings, this study offers targeted policy recommendations aimed at fostering green and sustainable development within China's industrial sector.

Suggested Citation

  • Xu, Mengmeng & Chen, Can & Zhou, Xiaoshi, 2024. "Enhancing understanding of rebound effect: A novel varying coefficient model for China's industrial sector," Energy, Elsevier, vol. 313(C).
    • Handle: RePEc:eee:energy:v:313:y:2024:i:c:s0360544224039306
    DOI: 10.1016/j.energy.2024.134152
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0360544224039306
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.energy.2024.134152?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.

    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:eee:energy:v:313:y:2024:i:c:s0360544224039306. 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: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .

    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.