Club Convergence in the Energy Intensity of China
发现中国各省份的能源强度存在多个均衡状态，识别出三个具有不同能源强度特征的俱乐部，并分析了各俱乐部影响因素的差异，为能源政策制定提供参考。
We contribute to energy policy discourse in China by demonstrating the existence of multiple energy-intensity equilibria across its provinces. Using recently developed club convergence methods, we identify three unique clubs in China, each with markedly different energy intensity profiles. Unlike in previous studies, our club groupings do not strictly adhere to common geographic separations e.g. east, west and central divisions. To better understand what commonalities/disparities lay behind their groupings, we undertake a regression of the determinants of energy intensity, in a similar vein to a number of recent studies. Doing so, we demonstrate a number of significant differences in the determinants for each of the identified clubs, given which we are able to offer a rich set of policy implications. Not all determinants are common across the three clubs, and where they are common, they can differ both in magnitude and sign, reflecting the fundamental differences across the groups.