TY - JOUR
T1 - Can China realise its energy-savings goal by adjusting its industrial structure?
AU - Yu, Shiwei
AU - Zheng, Shuhong
AU - Ba, Guizhi
AU - Wei, Yi Ming
N1 - Publisher Copyright:
© 2015 The International Input–Output Association.
PY - 2016/4/2
Y1 - 2016/4/2
N2 - To investigate whether China can realise its energy-savings goal by 2020 through adjustments to its industrial structure, this study proposes a dynamic input–output multi-objective optimisation model. According to this model, the objectives to be achieved include the maximum gross domestic product and employment, and the minimum energy consumption, where the constraints are the sectoral dynamic input–output balance, labour and energy supply, and sectoral production capacity. The four best solutions are screened from the Pareto-optimal front. The study findings show that the energy intensities in 2020 would decrease by 42.8%, 43.5%, 42.9%, and 43.4% in the four scenarios when compared to their 2002 levels. This means that China can fully achieve its planned energy-savings target for 2020. In order to ensure that the industrial structure is optimised for the future, sectoral capital investments should be regulated by China's government and efforts to improve energy efficiency should be maintained.
AB - To investigate whether China can realise its energy-savings goal by 2020 through adjustments to its industrial structure, this study proposes a dynamic input–output multi-objective optimisation model. According to this model, the objectives to be achieved include the maximum gross domestic product and employment, and the minimum energy consumption, where the constraints are the sectoral dynamic input–output balance, labour and energy supply, and sectoral production capacity. The four best solutions are screened from the Pareto-optimal front. The study findings show that the energy intensities in 2020 would decrease by 42.8%, 43.5%, 42.9%, and 43.4% in the four scenarios when compared to their 2002 levels. This means that China can fully achieve its planned energy-savings target for 2020. In order to ensure that the industrial structure is optimised for the future, sectoral capital investments should be regulated by China's government and efforts to improve energy efficiency should be maintained.
KW - Dynamic input–output model
KW - Energy-saving
KW - Industrial structure adjustment
KW - Multi-objective optimisation
KW - Scenarios
UR - http://www.scopus.com/inward/record.url?scp=84949543126&partnerID=8YFLogxK
U2 - 10.1080/09535314.2015.1102714
DO - 10.1080/09535314.2015.1102714
M3 - Article
AN - SCOPUS:84949543126
SN - 0953-5314
VL - 28
SP - 273
EP - 293
JO - Economic Systems Research
JF - Economic Systems Research
IS - 2
ER -