Effects of technical and allocative inefficiencies on energy and nonenergy elasticities:an analysis of energy-intensive industries in China  

作　　者：Donglan Zha Anil Savio Kavuri 

机构地区：[1]College of Economics and Management,Nanjing University of Aeronautics and Astronautics [2]Energy Soft Science Center,Nanjing University of Aeronautics and Astronautics [3]Crawford School of Public Policy,Australian National University

出　　处：《Chinese Journal of Population,Resources and Environment》2016年第4期292-297,共6页中国人口·资源与环境（英文版）

基　　金：financial support provided by the China Natural Science Funding:[Grant Number71673134];sponsored by Qing Lan Project and the Fundamental Research Funds for the Central Universities:[Grant Number NJ20150035]

摘　　要：Elasticity of substitution is traditionally estimated while ignoring technical and allocative inefficiencies,which could bias the estimates.We estimate elasticity of substitution for Chinese energy-intensive sectors by incorporating these inefficiencies.The results show most of the sectors are low substitutes between input factors and stress important differences among energy-intensive sectors.Concerning the cross-price elasticity for energy,with respect to capital(labor),the sectors are mainly characterized by weak substitutability or complementary.These imply the production structure is quite rigid and capital cannot be so readily used as a substitute for energy.Elasticity of substitution is traditionally estimated while ignoring technical and allocative inefficiencies,which could bias the estimates.We estimate elasticity of substitution for Chinese energy-intensive sectors by incorporating these inefficiencies.The results show most of the sectors are low substitutes between input factors and stress important differences among energy-intensive sectors.Concerning the cross-price elasticity for energy,with respect to capital（labor）,the sectors are mainly characterized by weak substitutability or complementary.These imply the production structure is quite rigid and capital cannot be so readily used as a substitute for energy.

关 键 词：Elasticities of substitution technical and allocative inefficiencies energy-intensive sectors 

分 类 号：F426.2[经济管理—产业经济]