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Our work provides a comprehensive investigation of the coupling between the efficiency of economic growth and the efficiency of carbon emissions reduction in China, and makes a distinction between the coupling over the long-run and the short-run. Our estimates suggested significant evidence of coupling between economic growth and efficiency in carbon emissions reduction in the long-run, but China's economic growth still increased carbon emissions at the aggregate level. In the short-run, coupling effects were different across provinces that were at different stages of economic development. Provinces with low- and high-stages of development saw positive short-run coupling, but provinces at the intermediate stage of development saw the contrary, which resulted in an obvious "U" shaped relationship between short-run coupling effects and real GDP per capita. Finally, our findings provide an economic rationale for differentiated low-carbon policies.
Pengfei Sheng; Jun Li; Mengxin Zhai; Shoujun Huang. Coupling of economic growth and reduction in carbon emissions at the efficiency level: Evidence from China. Energy 2020, 213, 118747 .
AMA StylePengfei Sheng, Jun Li, Mengxin Zhai, Shoujun Huang. Coupling of economic growth and reduction in carbon emissions at the efficiency level: Evidence from China. Energy. 2020; 213 ():118747.
Chicago/Turabian StylePengfei Sheng; Jun Li; Mengxin Zhai; Shoujun Huang. 2020. "Coupling of economic growth and reduction in carbon emissions at the efficiency level: Evidence from China." Energy 213, no. : 118747.
While considerable efforts have been made to address the relationship between urbanization and environmental issues, few of them focus on household emissions. Thus, this work aimed at evaluating the effect of urbanization on household wastewater emissions, and made a distinction between the efficient- and the inefficient-emissions. We compiled a China's provincial dataset over the period 2005-2017, and estimates indicated that a 1% rise in the urbanization was correlated with a 0.581 increase of efficient emissions, while inefficient emissions decreased by 7.606. As of 2017, the sample period end year, the inefficient emissions accounted for 10.5% of the total emissions of China as a whole, which was relatively large and could not be overlooked. Meanwhile, a back-of-the-envelope estimate revealed that urbanization had a negative impact on China's total emissions, with a marginal effect ranging from -0.226 to -1.354 over the sample period. The above findings, however, did not imply that urbanization would spontaneously reduce the inefficient- and total-emissions. Thus, the government in the process of urbanization should strengthen environmental education, municipal facilities, and others.
Pengfei Sheng; Mengxin Zhai; Yuechi Zhang; Muhammad Abdul Kamal. The Effects of Urbanization on Household Wastewater Emissions in China: Efficient- and Inefficient- Emissions. Environmental Pollution 2020, 267, 115350 .
AMA StylePengfei Sheng, Mengxin Zhai, Yuechi Zhang, Muhammad Abdul Kamal. The Effects of Urbanization on Household Wastewater Emissions in China: Efficient- and Inefficient- Emissions. Environmental Pollution. 2020; 267 ():115350.
Chicago/Turabian StylePengfei Sheng; Mengxin Zhai; Yuechi Zhang; Muhammad Abdul Kamal. 2020. "The Effects of Urbanization on Household Wastewater Emissions in China: Efficient- and Inefficient- Emissions." Environmental Pollution 267, no. : 115350.
To reduce industrial wastewater emissions, likely scenarios involve saving water in the production process or treating the emissions that are discharged. In this regard, our paper aims to evaluate the costs of these two paths and then analyze whether the industrial sector has made a good trade-off. In particular, we measured costs of the two paths by shadow prices of water use and wastewater emissions, and then we built a non-parametric input–output model to produce the estimates. For 2015, the shadow price of water use was 37.85 RMB/ton at the national level, which indicated the marginal cost of saving each ton of water was 37.864 RMB and that of wastewater emissions was 141.759 RMB/ton, which meant that the marginal cost of abating each ton of wastewater emissions was 141.759 RMB. Over the period 2004–2015, both shadow prices exhibited an upward trend at the national and regional levels, which suggested there was an increased cost to reduce emissions. However, the two shadow prices did not follow a common trend, but deviated from each other in most of China’s provinces, which resulted in a bad trade-off between the two scenarios. As a result, the bad trade-off not only lowered the efficiency to reduce emissions, but it was also linked to a high cost.
Pengfei Sheng; Yaowu Dong; Marek Vochozka. Analysis of Cost-Effective Methods to Reduce Industrial Wastewater Emissions in China. Water 2020, 12, 1600 .
AMA StylePengfei Sheng, Yaowu Dong, Marek Vochozka. Analysis of Cost-Effective Methods to Reduce Industrial Wastewater Emissions in China. Water. 2020; 12 (6):1600.
Chicago/Turabian StylePengfei Sheng; Yaowu Dong; Marek Vochozka. 2020. "Analysis of Cost-Effective Methods to Reduce Industrial Wastewater Emissions in China." Water 12, no. 6: 1600.
With respects to the low level of the healthcare expenditure, China has been experiencing a rapid growth of the education. This article is designed to test the education quantity and the education quality on the healthcare expenditure and conducts China’s provincial data set over the period 2001–2016. The results suggest that the education quantity has no significant effect on the healthcare expenditure, while the education quality has a positive and significant effect. Thus, it is suggested that China’s expansion on education cannot maintain the quality, and is not conducive to the improvement of human capital in education and health.
Wuhua Yao; Debu Gao; Pengfei Sheng. The impact of education on healthcare expenditure in China: quantity or quality. Applied Economics Letters 2018, 26, 1192 -1195.
AMA StyleWuhua Yao, Debu Gao, Pengfei Sheng. The impact of education on healthcare expenditure in China: quantity or quality. Applied Economics Letters. 2018; 26 (14):1192-1195.
Chicago/Turabian StyleWuhua Yao; Debu Gao; Pengfei Sheng. 2018. "The impact of education on healthcare expenditure in China: quantity or quality." Applied Economics Letters 26, no. 14: 1192-1195.
The scale of urbanization in China has more than doubled in the last two decades, with important consequence of transforming the landscape of energy. While the relationship between urbanization and energy use has been examined extensively, the question of whether urbanization affects energy efficiency receives less attention. In this study, we seek to provide new empirical evidence on the effect of urbanization on energy use and efficiency in China. We extend the stochastic frontier approach to model the demand for energy while measuring energy efficiency by distinguishing between efficient- and inefficient-use. Using data from a variety of sources during 2005-2015 to generate an eleven-year province-level panel, we estimate a simultaneous-equation model through a random effects panel data specification. We find that urbanization in China during our sample period is associated with a significant increase in energy consumption, but there is little evidence of improvement in energy efficiency. In particular, our results from our preferred specification suggest that the inefficient-use accounts for approximately 23 percent of the total energy consumption.
Pengfei Sheng; Xiaohui Guo. Energy consumption associated with urbanization in China: Efficient- and inefficient-use. Energy 2018, 165, 118 -125.
AMA StylePengfei Sheng, Xiaohui Guo. Energy consumption associated with urbanization in China: Efficient- and inefficient-use. Energy. 2018; 165 ():118-125.
Chicago/Turabian StylePengfei Sheng; Xiaohui Guo. 2018. "Energy consumption associated with urbanization in China: Efficient- and inefficient-use." Energy 165, no. : 118-125.
In China, where environmental regulations are less strict, finance would cause pollution to rise by promoting the growth of polluting industries. Exploiting a Chinese dataset over the period 2004–2014, 1% increase in the finance measured by credits to GDP, would cause pollution to rise by 4.29%, which is fairly large and cannot be ignored, and the results is robust when finance is measured by deposits to GDP. Thus, it is concluded that policies focused on pollution reduction would be ineffective and that policies on promoting finance would fall short of their intention to stimulate economic growth.
Yaping He; Pengfei Sheng; Marek Vochozka. Pollution caused by finance and the relative policy analysis in China. Energy & Environment 2017, 28, 808 -823.
AMA StyleYaping He, Pengfei Sheng, Marek Vochozka. Pollution caused by finance and the relative policy analysis in China. Energy & Environment. 2017; 28 (7):808-823.
Chicago/Turabian StyleYaping He; Pengfei Sheng; Marek Vochozka. 2017. "Pollution caused by finance and the relative policy analysis in China." Energy & Environment 28, no. 7: 808-823.
Foreign direct investment (FDI) may have a positive effect on the level of pollution in host countries, as described by the pollution haven hypothesis (PHH). However, this kind of effect may depend on the economic conditions in host countries. In this study, we conduct research on the FDI’s effect on China’s CO2 emissions during the market-oriented reform. The results are as follows. Firstly, FDI directly promotes China’s CO2 emissions. Secondly, with market-oriented reform, this positive effect from FDI is lowering year by year, which indicates that the market-oriented reform could alleviate the positive effect of FDI on China’s CO2 emissions. Thirdly, as China’s market-oriented reform was implemented gradually from experimental zones to the whole country, regional market development is uneven, and as such so is FDI’s effect on local CO2 emissions. Provinces in the eastern area generally evidenced higher market development and lower CO2 emissions from FDI, while four provinces in west area evidenced both lower market development and higher CO2 emissions from FDI.
Jiajia Zheng; Pengfei Sheng. The Impact of Foreign Direct Investment (FDI) on the Environment: Market Perspectives and Evidence from China. Economies 2017, 5, 8 .
AMA StyleJiajia Zheng, Pengfei Sheng. The Impact of Foreign Direct Investment (FDI) on the Environment: Market Perspectives and Evidence from China. Economies. 2017; 5 (1):8.
Chicago/Turabian StyleJiajia Zheng; Pengfei Sheng. 2017. "The Impact of Foreign Direct Investment (FDI) on the Environment: Market Perspectives and Evidence from China." Economies 5, no. 1: 8.
The nonperforming loans (NPLs) are co-generated by creating the profit in a bank, and this article build a joint production model to measure the reduction cost of nonperforming cost. By using a data set of China’s 13 commercial banks, the conclusions show that the reduction cost of NPLs is lower, which suggests that it is not a good choice for China’s commercial bank to hold the NPLs.
Lei Shi; Pengfei Sheng; Marek Vochozka. The reduction cost of nonperforming loan: evidence from China’s commercial bank. Applied Economics Letters 2016, 24, 1 -4.
AMA StyleLei Shi, Pengfei Sheng, Marek Vochozka. The reduction cost of nonperforming loan: evidence from China’s commercial bank. Applied Economics Letters. 2016; 24 (7):1-4.
Chicago/Turabian StyleLei Shi; Pengfei Sheng; Marek Vochozka. 2016. "The reduction cost of nonperforming loan: evidence from China’s commercial bank." Applied Economics Letters 24, no. 7: 1-4.
Reduction of carbon dioxide emission is of great significance to the sustainability of global development. For the developing countries, however, carbon reduction is perceived costly for its possible dampening effect on economic growth. This paper builds a Low-Carbon Development Index to assess the potentials for an economy to improve environmental efficiency of its development by reducing carbon dioxide emission while still achieving economic growth. Applying the index to a data set of 30 Chinese provincial economies from for the period 1998 to 2012, we evaluate the environmental efficiency of China's economic development in terms of carbon dioxide emission and discuss whether it is economically feasible for the country to reduce the country's carbon intensity by 40–45% from the level of 2005, a target committed by its government at the 2009 UN Climate Change Conference (COP15).
Pengfei Sheng; Ding Lu. Low-carbon development and carbon reduction in China. Climate and Development 2015, 8, 472 -479.
AMA StylePengfei Sheng, Ding Lu. Low-carbon development and carbon reduction in China. Climate and Development. 2015; 8 (5):472-479.
Chicago/Turabian StylePengfei Sheng; Ding Lu. 2015. "Low-carbon development and carbon reduction in China." Climate and Development 8, no. 5: 472-479.
This paper extends prior research on energy inefficiency in China by utilizing a unique shadow price framework allocation in 30 Chinese provinces. We estimate the shadow price for energy input using the framework of production, and use the ratio of the shadow price to the market price to describe energy utilization. Using Chinese provincial-level data from 1998 to 2011, the results of the analysis reveal that shadow prices in China have grown rapidly during the sample period, which signifies that China has improved its performance in energy utilization since 1998. However, there are eighteen provinces whose shadow prices are lower than market prices. This result suggests that energy utilization is at a low level in these provinces and can be improved by a reallocation of inputs.
Pengfei Sheng; Jun Yang; Joshua D. Shackman. Energy’s Shadow Price and Energy Efficiency in China: A Non-Parametric Input Distance Function Analysis. Energies 2015, 8, 1975 -1989.
AMA StylePengfei Sheng, Jun Yang, Joshua D. Shackman. Energy’s Shadow Price and Energy Efficiency in China: A Non-Parametric Input Distance Function Analysis. Energies. 2015; 8 (3):1975-1989.
Chicago/Turabian StylePengfei Sheng; Jun Yang; Joshua D. Shackman. 2015. "Energy’s Shadow Price and Energy Efficiency in China: A Non-Parametric Input Distance Function Analysis." Energies 8, no. 3: 1975-1989.