By Zhaoguang Hu, Jian Zhang, Ning Zhang
The ebook specializes in low-carbon concerns and China’s economic climate, that's analyzed from the point of view of electrical energy economics. It proposes the radical thought of an “economic gene” to mirror definite features of the financial system. The gene mapping of China’s financial system has been studied according to construction services with electrical energy. fiscal mutations have additionally been studied with the purpose of diagnosing difficulties within the financial system. such mutations have happened in China on the grounds that 1978, the latest being in 2012 and no additional mutation is predicted till 2025. The booklet describes the inherent caliber of China’s financial system from 2012 to 2025, and the way mechanism reforms might tremendously enhance marginal consultant issue productiveness during this interval. The brokers reaction equilibrium (ARE) method of simulate nationwide economic climate, in keeping with multi-agent expertise is proposed. one other cornerstone of the version is the input-output desk. Simulated input-output tables from 2011 to 2025 are supplied within the book.
This ebook presents options for coverage makers and advisors, and is a invaluable source for researchers within the fields of economics, public regulations, low-carbon improvement, electrical energy and effort. It additionally presents insights into China’s fiscal development.
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Additional info for China’s Economic Gene Mutations: By Electricity Economics and Multi-agent
3 billion kWh in 2014. 04 % in 36 years annually. 74 % annually. 12 % annually. 72 billion kWh, respectively. 87 %, respectively, in 18 years. The growth rate of residential electricity consumption was much higher than the growth rate of the whole industrial electricity consumption. It means that the growth rate of residential income was higher than the growth rate of industrial production. This is the meaningful feature in the economic growth in China. 53 billion kWh, respectively. 36 %, respectively, in the period of 1996–2004.
43). 1-2 Growth Rate YoY, % 30 -20 -30 Fig. 1-2 Growth Rate YoY, % 80 -40 Fig. 40 Monthly electricity growth rates of ferrous, nonferrous, and fabricated products in 2007–2010 in China (Data source: statistical material of China Electricity Council over years) that the growth valleys were in October 2008 and June 2012, and the peak of the growth was in June 2007, September 2010, and August 2013. 5–2 years. This is the result of the combined effects of both global crisis and government investment on China’s economy.
9 0 Fig. 44 E3 growth rate and its trend from 2007 to 2013 in China peaks of the growth were in August 2010 and September 2013. The cycle is around 3–4 years. There are some who criticize the huge investment to recover China’s economy. What the economy would be if the investment did not exist in China? Since the trend of E2 growth could be the result of both global crisis and investment decided by the Chinese government, and the trend of E3 growth could be affected by the investment weakly, then the difference of the two trends would be the effect of the investment in 2007–2013.
China’s Economic Gene Mutations: By Electricity Economics and Multi-agent by Zhaoguang Hu, Jian Zhang, Ning Zhang