Journal article
Decoupling economic and energy growth: aspiration or reality?

Guo, J. C.-Z. Li, and C. Wei. 2021. Decoupling economic and energy growth: aspiration or reality?. Environmental Research Letters 044017.

Energy has long been a driving force of economic growth; however, it comes with environmental costs and security challenges. This study analyzes the energy–economy nexus and explores their decoupling possibilities by using cross-country data over the years 1971–2014. The results indicate that, while energy use and economic growth exhibit a typical inverted U-shaped decoupling relationship for the industrialized countries, they have been rising in tandem...

Journal article
Income threshold, household appliance ownership and residential energy consumption in urban China

Li, C.-Z., Wei, C. and Yu, Y. 2020. Income threshold, household appliance ownership and residential energy consumption in urban China. China Economic Review 60:1-12.

A stochastic income threshold model for appliances ownership is developed.•The Deaton approach is applied to create pseudo-panel data from repeated cross-sectional surveys.•The income threshold is heterogeneous across appliances and household types in China.•Ignoring the heterogeneity leads to underestimated appliance ownership for poor and near-poor households.•Conditional electricity demand is analyzed on appliance stocks for various household types.

Journal article
Green Certificate Trading, Renewable Portfolio Standard and Tax Burden Reductions

Yu, Y., and C.-Z. Li. 2020. Green Certificate Trading, Renewable Portfolio Standard and Tax Burden Reductions. Chinese journal of population, resources and environment  2:80–88.

The article is in Chinese with an English summary: The national-wide issuance and trading of green certificates has been initiated to improve the renewable energy integration and reduce the tax burden in the feed-in tariff scheme. To test the latter effects in green certificate trading, we construct the certificate pricing model to analyze the market equilibrium with or without renewable portfolio standard requirements, and compare...

Journal article
Valuing biodiversity and resilience: An application to pollinator diversity in the Stockholm region

Engström, G., Å. Gren, C.Z. Li, and C. Kiran. 2020. Valuing biodiversity and resilience: An application to pollinator diversity in the Stockholm region. Spatial Economic Analysis 15(3):238-261.

This paper characterizes the value of biodiversity and ecosystem resilience by formalizing a stochastic dynamic bioeconomic model of pollinator diversity under climate changes, with an application to oil rapeseed production in the Stockholm region of Sweden. It studies the optimal provision of semi-natural habitat for two different pollinator bee species: bumble bees and solitary wild bees. It is found that, despite being less effective, solitary...

Journal article
Quantifying energy consumption in household surveys: An alternative device-based accounting approach

Wu, S., X. Zheng, J. Guo, C.-Z. Li, C. and Wei. 2020. Quantifying energy consumption in household surveys: An alternative device-based accounting approach. Field Methods  32:213–232.

The exercise of quantifying the energy consumption data assembled through household surveys, either by the recall-based approach or the meter-based approach, remains a challenging task, especially in rural areas of developing countries. In this article, we propose a device-based bottom-up accounting method for estimating household energy consumption. This method provides microlevel disaggregated estimates at the intensive margin and documents other difficult-to-measure energy consumption such as...

Journal article
The Social Costs of Marine Litter along the East China Sea: Evidence from Ten Coastal Scenic Spots of Zhejiang Province, China

Shen, M., D. Mao, H. Xie, and C. Z. Li. 2019. The Social Costs of Marine Litter along the East China Sea: Evidence from Ten Coastal Scenic Spots of Zhejiang Province, China. Sustainability 11(6):1−15.

Marine litter poses numerous threats to the global environment. To estimate the social costs of marine litter in China, two stated preference methods, namely the contingent valuation model (CVM) and the choice experiment model (CEM), were used in this research. This paper conducted surveys at ten different beaches along the East China Sea in Zhejiang province in October 2017. The results indicate that approximately 74.1%...

Journal article
The Economics of Resilience

Li, C-Z, A-S. Crépin and C. Folke. 2018. The Economics of Resilience. International Review of Environmental and Resource Economics 11:309–353.

This paper provides an interpretive overview on the economics of resilience with special reference to social-ecological systems. We address the basic sciences of regime shifts and resilience in different settings linked to empirical cases and review the economic models related to these aspects. In particular we discuss models to assess market outcomes when thresholds exist and are known and particular characteristics of such systems when...

Beijer Discussion Paper
An explicit formula for optimal carbon taxes under general economic settings

Li, C.-Z. 2018. Beijer Discussion Paper 262: An explicit formula for optimal carbon taxes under general economic settings. Beijer Discussion Paper Series.

The paper develops an explicit formula for the calculation of optimal carbon taxes in a dynamic integrated assessment framework. We attempt to generalize the Gosolov et al. (2014) theory by relaxing the restrictions with logarithmic preferences, Cobb-Douglas production and the full periodwise capital depreciation. By taking advantage of the cumulative climate response (CCR) function, we show that all that matters for the tax formula from...

Journal article
Measuring the NIMBY effect in urban China: The case of waste transfer stations in the metropolis Shanghai

Zhang, L., J. Chen, Q. Hao, and C.-Z. Li. 2017. Measuring the NIMBY effect in urban China: The case of waste transfer stations in the metropolis Shanghai. Journal of Housing and the Built Environment 3:1-18.

China is experiencing fast urbanization and its urban citizens’ growing concern for urban disamenity has imposed a serious challenge for the urban management. This paper assesses the impact of a typical environmental facility, namely waste transfer stations, on housing values in Shanghai, China. Through hedonic pricing models, we detect an inverted-U pattern of housing prices around the waste transfer stations in Shanghai, and the maximum...

Journal article
Resource misallocation in Chinese manufacturing enterprises: evidence from firm-level data

Li, C. Z., and Wei, C. 2017. Resource misallocation in Chinese manufacturing enterprises: evidence from firm-level data. Journal of Cleaner Production 142:837-845.

Despite the important policy and welfare implications of China’s energy issues, to date there has been little investigation from a micro-level perspective of the misallocation of resources in manufacturing enterprises. To fill this gap, this paper deals with resource misallocations in China with special reference to energy and labor inputs. Using a large, novel dataset of manufacturing enterprises from Zhejiang province, we employ a simultaneous...