MIT Libraries logoDSpace@MIT

MIT
View Item 
  • DSpace@MIT Home
  • Center for Global Change Science
  • Joint Program on the Science and Policy of Global Change Reports
  • View Item
  • DSpace@MIT Home
  • Center for Global Change Science
  • Joint Program on the Science and Policy of Global Change Reports
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

Modeling the Income Dependence of Household Energy Consumption and its Implications for Climate Policy in China

Author(s)
Caron, J.; Karplus, V.J.; Schwarz, G.A.
Thumbnail
DownloadMITJPSPGC_Rpt314.pdf (5.361Mb)
Metadata
Show full item record
Abstract
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 reduce the average welfare cost of emissions pricing by more than half. Climate policy is also less regressive, as rising income leads to rapid convergence in the energy intensity of consumption baskets and more evenly distributed welfare loss across households. Our findings underscore the importance of correctly accounting for the relationship between income and energy demand in high-growth economies.
Date issued
2017-07
URI
http://hdl.handle.net/1721.1/111814
Publisher
MIT Joint Program on the Science and Policy of Global Change
Citation
Report 314
Series/Report no.
MIT Joint Program Report Series;314

Collections
  • Joint Program on the Science and Policy of Global Change Reports

Browse

All of DSpaceCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsThis CollectionBy Issue DateAuthorsTitlesSubjects

My Account

Login

Statistics

OA StatisticsStatistics by CountryStatistics by Department
MIT Libraries
PrivacyPermissionsAccessibilityContact us
MIT
Content created by the MIT Libraries, CC BY-NC unless otherwise noted. Notify us about copyright concerns.