Modeling the Income Dependence of Household Energy Consumption and its Implications for Climate Policy in China
We estimate Engel Curves based on Chinese household microdata and show in general equilibrium simulations that they imply substantially lower energy demand and CO2 emissions, relative to projections based on standard assumptions of unitary income elasticity. Income-driven shifts in consumption reduc...
| Main Authors: | , , |
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| Format: | Working Paper |
| Language: | en_US |
| Published: |
MIT Joint Program on the Science and Policy of Global Change
2017
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| Online Access: | http://hdl.handle.net/1721.1/111814 |