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The Influence Mechanism Research Of Domestic Factor Price Distortions On China's Exports Energy Consumption Under The Supply-side Reform

Posted on:2017-10-11Degree:MasterType:Thesis
Country:ChinaCandidate:M ShiFull Text:PDF
GTID:2359330488451588Subject:Quantitative Economics
Abstract/Summary:PDF Full Text Request
Supply-side reform is at this stage of China's economic reform,the supply-side reform one of the key elements of market-oriented reforms.Factor market distortions are a special problem in China,and correcting price distortions and optimizing the factor supply and realizing the sustainable development is a goal for supply side reform.The reform and opening up to the present,China has experienced more than 30 years of rapid economic development,but that the industrial sector is not reasonable,in the industrial economy as a whole,"high input,high emissions and low value-added"business contributed the major share of the output.Caused this situation of part reasons is in reform early,China industrial based weak,and science technology lower,and has rich of natural resources and labor resources,these reality conditions of constraints makes most enterprise select has this low effectiveness of production;part reasons is in new China established early,levels Government by Marx doctrine economic theory of guide,on all of production for and manpower arrangements,this thought in late has change,but changes is unlikely to,The means of production by the Government so that Government has the right to such external factors market price-distorting space,"with GDP hero" official examination time,all levels of Government have strong incentive distortion factor prices.This distortion in the early economic takeoff but inhibits economic development at a later stage.Unreasonable industrial structure,"low input,low consumption,high output" output share of enterprises is not high,make rapid economic growth is unsustainable;" High input,high energy consumption and low output "enterprise sustainable development and environmental management costs increasing rapidly,low efficiency of economic growth.After China's accession to the WTO,export ratio in the economy is rising quickly and in 2008 has reached 37%.How to adjust the industrial structure of exports,increasing productivity in the export sector,reducing energy consumption in export products,to alleviate the increasingly serious environmental problems,China has important practical significance.China is a major energy consumption,is the world's second-largest economy,China's industrial structure adjustment,energy consumption increased throughput,reduced export in the export sector,is an important contribution to sustainable development in the global economy.Study on mechanism of effects of factor price distortions on the export of energy,to export,export of industrial structure in China energy consumption provides theoretical support.Developed theory of factor price distortions will increase exports of energy consumption model,respectively,with provinces and the manufacturing industry data to validate the theoretical model.Panel data analysis of the manufacturing industry using the 1999-2013,divided into provinces using 1997-2013 analysis of panel data.First with input-output table method calculation out manufacturing points industry of export implied carbon emissions volume,with directly coefficient method calculation out the province of export implied carbon emissions volume;then respectively calculation points industry and points provinces of elements price twisted situation,elements price twisted to today also have not formed unified of measure method,paper put elements price twisted defined for actual elements using share and theory using share of ratio,last used Stata software using panel data of fixed effect model on data for analysis.Final results showed that manufacturing industries and in the provinces facing the three elements of price distortions and carbon emissions of China's exports had a positive relationship.Meanwhile,exports and export carbon emissions in various sectors have positive relations,energy prices and export carbon has a positive relationship,research funding and personnel and other factors have inverse relationships with exporting carbon emissions.Theoretical hypothesis,we can confirm that at this stage in China's capital,labor and energy market are the three elements are distorted,three price distortions in factor markets to increase the export of carbon emissions in China.This "high input,high energy consumption and low output" export export industry structure as "the troika",one of the drive's mission to sustain economic growth.China's urgent need to change the export industrial structure,correct the factor market distortions,elements of the pricing,and realize the goal of supply side reform.Referred to in summary,China needs to accelerate the marketization reform of factor pricing,correcting price distortions,reversed the original obtain elements in large quantities at low prices for upgrading production enterprises.Government policy support,enterprises to increase investment in research funding and personnel,the export products of enterprises to increase the added value,and reduce the carbon content per unit of product,so as to improve the enterprise competitiveness,so as to keep economic development power.
Keywords/Search Tags:Supply-side Reform, Factor Price Distortions, Export Energy Consumption, The Panel Data Model
PDF Full Text Request
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