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Improving energy efficiency sustainability is a target of the Chinese government. However, the effectiveness of energy conservation policy is affected by the energy rebound effect under which energy efficiency improvement reduces the effective price of energy services, thereby completely or partially offsetting the energy saved by efficiency improvement. Based on the output distance function, this...
The energy rebound effect has been a significant issue in China, which is undergoing economic transition, since it reflects the effectiveness of energy-saving policy relying on improved energy efficiency. Based on the IPAT equation and Brookes׳ explanation of the rebound effect, this paper develops an alternative estimation model of the rebound effect. By using the estimation model and latent variable...
Energy rebound effect theory provides supports for energy policies, which has become a hot research direction at home and abroad. In this paper, we conduct empirical research of energy rebound effect using 1978-2007 macroeconomic data at China's national and three industries level. The results show that: the average energy rebound effect of China during 1979-2006 is 58.24%, a little higher than most...
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