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With the rapid economic growth, Chinese energy consumption sharply increased in recent years. To get sufficient energy, China has made a lot of efforts to develop non-fossil energy. This paper investigated the relationship among non-fossil energy consumption, economic growth, and coal price by cointegration and impulse respond function. The numerical results show that higher coal price will spur the...
The pricing mechanism for energy is not in line with the international standards, because the energy prices are controlled by the government partly or completely in China. Chinese government made a lot of efforts to improve the pricing mechanism for energy. The relations between Chinese energy prices and energy consumption are the foundations to reform the mechanism. In this paper, the relations between...
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