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Evolution of competition in energy alternative pathway and the influence of energy policy on economic growth

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  • Yang, Honglin
  • Wang, Lin
  • Tian, Lixin

Abstract

This work is devoted to the evolution of the competition of energy alternative pathway in China, and the influence of energy policy on economic growth by using a dynamical system method. Firstly, the relation between energy and economic growth is taken into account, and a dynamic evolution model is established. It is observed that Hopf bifurcation and chaotic behavior occurs with the varying investment in renewable energy production. Secondly, when there is no policy intervention in energy market, the evolution of competition in energy alternative pathway is also investigated. Thirdly, the system parameters are also identified by using an artificial neural network method on the basis of certain empirical statistical data in China, and the dynamics of the parameters-identified system are studied. Finally, the influences of energy policy on economic growth are empirically analyzed, and some policy recommendations are given based on the results of empirical analysis.

Suggested Citation

  • Yang, Honglin & Wang, Lin & Tian, Lixin, 2015. "Evolution of competition in energy alternative pathway and the influence of energy policy on economic growth," Energy, Elsevier, vol. 88(C), pages 223-233.
    • Handle: RePEc:eee:energy:v:88:y:2015:i:c:p:223-233
    DOI: 10.1016/j.energy.2015.04.082
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    3. Meiling He & Lei Zeng & Xiaohui Wu & Jianqiang Luo, 2019. "The Spatial and Temporal Evolution of Logistics Enterprises in the Yangtze River Delta," Sustainability, MDPI, vol. 11(19), pages 1-20, September.

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