American and European financial shocks: implications for Chinese economic performance

Tyers, Rodney; Bain, Iain

doi:10.22459/cd.07.2008.03

Cited by 6 publications

(2 citation statements)

References 25 publications

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“…Huang (2008) argued that slowdown of the US economy, elevated oil prices and normalization of domestic costs will challenge economic growth and inflation. Similarly, Tyers and Bain (2008) said that with exports almost half of China's GDP and most of these directed to Europe and North America, negative financial shocks in those regions might be expected to retard China's growth.…”

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confidence: 99%

Investigating economic growth, energy consumption and their impact on CO₂emissions targets in China

Sambodo

Oyama

2011

Journal of Asian Public Policy

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This article aims to analyse economic growth, energy consumption and carbon dioxide (CO 2 ) emissions data in China comparing with the US and Japanese data. Then, we try to evaluate the Chinese government's targets in reducing energy use and carbon intensity. Economic growth is a key factor that determines the Chinese's ability to meet these targets. If we suppose that China's economic growth is maintained at 9.54% per year, and total primary energy supply (TPES) growth is stabilized at 3.82% on average, the country would be able to cut energy consumption per unit amount of gross domestic product (GDP) by 23.5% in 2010: if carbon-GDP intensity could decrease by 4.5% on average, China would be able to achieve a reduction in carbon-GDP emissions target by 49.87% or above the target in 2020. We suggest that China needs to stabilize CO 2 per total primary energy supply intensity. This target can also push government to implement clean coal technology and promote renewable energy target more seriously. Finally, we argue that binding target on CO 2 emissions has worked effectively in the case of Japan, but we have to be careful when analysing economic-energy-CO 2 emissions in Japan due to 'the lost decade' of Japan's economy. Finally, we expect that developed countries such as Japan and the United States can help China not only in transferring technology but also in strengthening the institutional capacity such as in harmonizing regulations, in energy planning and in developing human capability.

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Section: Introductionmentioning

confidence: 99%

Investigating economic growth, energy consumption and their impact on CO₂emissions targets in China

Sambodo

Oyama

2011

Journal of Asian Public Policy

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“…(2007) and McGrattan and Prescott (2008). A prior application using a similar model is by Tyers and Bain (2008).…”

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Japanese Economic Stagnation: Causes and Global Implications*

Tyers

2012

Economic Record

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Despite Japan’s prominence in global finance and trade through the 1980s, its global role has appeared to diminish with its recent stagnation and the rise of China. This article reviews the claimed sources of Japan’s stagnation, including productivity and labour slowdowns, monetary policy in the aftermath of the Plaza Accord and the surge in China’s growth. Their independent effects are quantified using a multi‐region global dynamic model. The productivity slowdown emerges strongest however its exogeneity is questioned. The resulting losses are shown to have been severe for the Japanese but mild in other regions, disguised by the rise of China.

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Contrasting Giants: Demographic Change and Economic Performance in China and India

Golley¹,

Tyers

2013

Procedia - Social and Behavioral Sciences

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American and European financial shocks: implications for Chinese economic performance

Cited by 6 publications

References 25 publications

Investigating economic growth, energy consumption and their impact on CO₂emissions targets in China

Investigating economic growth, energy consumption and their impact on CO₂emissions targets in China

Japanese Economic Stagnation: Causes and Global Implications*

Contrasting Giants: Demographic Change and Economic Performance in China and India

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American and European financial shocks: implications for Chinese economic performance

Cited by 6 publications

References 25 publications

Investigating economic growth, energy consumption and their impact on CO2emissions targets in China

Investigating economic growth, energy consumption and their impact on CO2emissions targets in China

Japanese Economic Stagnation: Causes and Global Implications*

Contrasting Giants: Demographic Change and Economic Performance in China and India

Contact Info

Product

Resources

About

Investigating economic growth, energy consumption and their impact on CO₂emissions targets in China

Investigating economic growth, energy consumption and their impact on CO₂emissions targets in China