Are China and Europe converging?

A Bastianin, C Cattanceo, Anil Markandya

Research output: Contribution to journalArticle

Abstract

This analysis aims at giving a flavour of what is happening between the European and Chinese markets with reference to selected energy indicators and economic variables. More precisely the analysis is concerned with the convergence between European countries (EU15 + Norway) and China in terms of both per capita GDP and "sustainability indicators". 'The variables we refer to as "sustainability indicators'" are two: energy intensity (EI) and carbon intensity (CI). The paths of such variables will be investigated both looking at the economy as a whole and by analysing what is happening in three sectors of economic activity, namely industry, agriculture and services. It finds strong evidence of convergence in energy intensity and carbon intensity between the EU and China, with rates fast enough to achieve 90% convergence in a matter of two decades.
Original languageEnglish
Pages (from-to)94-102
Number of pages9
JournalChina Economist
Volume0
Issue number21
Publication statusPublished - Jul 2009

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China
Carbon
Energy intensity
Sustainability indicators
Per capita GDP
Economic variables
Economic activity
Energy
Industry
European countries
Chinese market
Agriculture
Norway

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Bastianin, A., Cattanceo, C., & Markandya, A. (2009). Are China and Europe converging? China Economist, 0(21), 94-102.

Are China and Europe converging? / Bastianin, A; Cattanceo, C; Markandya, Anil.

In: China Economist, Vol. 0, No. 21, 07.2009, p. 94-102.

Research output: Contribution to journalArticle

Bastianin, A, Cattanceo, C & Markandya, A 2009, 'Are China and Europe converging?', China Economist, vol. 0, no. 21, pp. 94-102.
Bastianin A, Cattanceo C, Markandya A. Are China and Europe converging? China Economist. 2009 Jul;0(21):94-102.
Bastianin, A ; Cattanceo, C ; Markandya, Anil. / Are China and Europe converging?. In: China Economist. 2009 ; Vol. 0, No. 21. pp. 94-102.
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