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This study quantifies China’s urban residential CO2 rebound owing to improvements in energy efficiency. We use a dynamic econometric model (error corrected linear approximated almost ideal demand system, ECM-LA-AIDS) to examine the relationship between energy-efficiency promotion, energy consumption behaviour, and the CO2 rebound effect. An improvement in energy efficiency lowers the energy price, resulting in unbalanced short- and long-term energy consumption behaviours. Inconsistent short- and long-term energy-efficiency policies may lead to greater rebound effects. Therefore, this study estimates the residential energyrelated CO2 (ECR-CO2) rebound effects considering both short- and long-term consumption patterns to provide targeted policies for controlling residential ECR-CO2. The results indicate that the shortand long-term urban residential ECR-CO2 effects differ across regions and provinces. Additionally, the direct rebound effect contributes more to the total ECR-CO2 rebound effect than the indirect rebound effect. Finally, at the national level, the urban residential ECR-CO2 rebound effects exhibit a U-shaped divergence, indicating that, among the 31 Chinese provinces considered, the ECR-CO2 rebound effect first converges and then diverges, owing to differences in the levels of technological progress
This study quantifies China’s urban residential CO2 rebound owing to improvements in energy efficiency. We use a dynamic econometric model (error corrected linear approximated almost ideal demand system, ECM-LA-AIDS) to examine the relationship between energy-efficiency promotion, energy consumption behaviour, and the CO2 rebound effect. An improvement in energy efficiency lowers the energy price, resulting in unbalanced short- and long-term energy consumption behaviours. Inconsistent short- and long-term energy-efficiency policies may lead to greater rebound effects. Therefore, this study estimates the residential energyrelated CO2 (ECR-CO2) rebound effects considering both short- and long-term consumption patterns to provide targeted policies for controlling residential ECR-CO2. The results indicate that the shortand long-term urban residential ECR-CO2 effects differ across regions and provinces. Additionally, the direct rebound effect contributes more to the total ECR-CO2 rebound effect than the indirect rebound effect. Finally, at the national level, the urban residential ECR-CO2 rebound effects exhibit a U-shaped divergence, indicating that, among the 31 Chinese provinces considered, the ECR-CO2 rebound effect first converges and then diverges, owing to differences in the levels of technological progress
Estimating long-term and short-term CO2 rebound effects of China’s urban residential sector: evidence from a dynamic econometric approach
2023-01-01
Economic research - Ekonomska istraživanja ; ISSN 1331-677X (Print) ; ISSN 1848-9664 (Online) ; Volume 36 ; Issue 2
Article (Journal)
Electronic Resource
English
DDC:
690
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