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- W2374316265 abstract "This paper presents the results of a meta-analysis on empirical studies of capital-energy substitution in the Chinese industrial sector.The authors use a meta-regression model to deal with the Morishima substitution elasticity and cross-price substitution elasticity samples.The finding suggests that these two types of substitution elasticity samples can to a large extent be explained by the model assumptions on such as returns to scale and technological changes.Controlling for potential sources of misspecification and aggregation bias,the authors recalculate the elasticity of capital-energy substitution.The result shows that technological substitution potential is large in the long-run for the Chinese industrial sector." @default.
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- W2374316265 date "2011-01-01" @default.
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- W2374316265 title "The Study of Capital-Energy Substitution of the Chinese Industrial Sector:A Meta-Analysis" @default.
- W2374316265 hasPublicationYear "2011" @default.
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