Skip to main content

Substitution between energy and classical factor inputs in the Chinese steel sector

Dates

Year
2011

Citation

Smyth, Russell, Narayan, Paresh Kumar, and Shi, Hongliang, 2011, Substitution between energy and classical factor inputs in the Chinese steel sector: Applied Energy, v. 88, iss. 1, p. 361-367.

Summary

China's steel sector is the largest in the world and has been a major driving force behind China's high rate of economic growth. This sector, however, is also a major consumer of energy and, in particular, coal. As a result, the iron and steel sector in China is a major contributor to greenhouse gas emissions and other pollutants. In this article we examine the potential for inter-factor substitution between capital, energy and labor in the Chinese steel sector and find that capital and energy and energy and labor are substitutes. This result suggests that removal of price ceilings on energy would tend to reduce energy use and increase capital intensiveness. While the potential for substitution between energy and labor is less than [...]

Contacts

Attached Files

Communities

  • Western Energy Citation Clearinghouse

Tags

Additional Information

Identifiers

Type Scheme Key
DOI WECC []
ISSN WECC 0306-2619

Citation Extension

citationTypeJournal Article
journalApplied Energy
parts
typePages
value361-367
typeVolume
value88
typeIssue
value1

Item Actions

View Item as ...

Save Item as ...

View Item...