The Experts below are selected from a list of 8031 Experts worldwide ranked by ideXlab platform
Houyin Long - One of the best experts on this subject based on the ideXlab platform.
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the roles of inter fuel substitution and inter market contagion in driving energy prices evidences from china s Coal market
Energy Economics, 2019Co-Authors: Chunping Xie, Houyin LongAbstract:Abstract Coal has been dominating energy supply and consumption in China, with the country becoming the largest energy supplier and consumer worldwide. Due to inter-fuel substitution of crude oil and inter-market contagion of international Coal market, China's Coal price might be interrelated with crude oil price and international Coal price. However, the precise roles of these two effects in determining China's Coal price are unknown. This paper contributes to previous literature by investigating this issue. We find that co-movements between China's Coal price and crude oil price largely hinge on the shares of oil and Coal in China’s energy mix, while its co-movements with international Coal price depend on scales of Coal Trade. Inter-fuel substitution dominated the interaction of China's Coal market with other energy types, but the importance of inter-market contagion has been increasing. We also find that China might have become an originator for driving the returns of crude oil and international Coal, in particular after 2008. Furthermore, China's Coal market is still a net volatility recipient for shocks from both crude oil market and international Coal market. Given the increased integration of global energy markets, we anticipate this paper to provide a better understanding on the dynamic changes in China's Coal prices.
Chunping Xie - One of the best experts on this subject based on the ideXlab platform.
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the roles of inter fuel substitution and inter market contagion in driving energy prices evidences from china s Coal market
Energy Economics, 2019Co-Authors: Chunping Xie, Houyin LongAbstract:Abstract Coal has been dominating energy supply and consumption in China, with the country becoming the largest energy supplier and consumer worldwide. Due to inter-fuel substitution of crude oil and inter-market contagion of international Coal market, China's Coal price might be interrelated with crude oil price and international Coal price. However, the precise roles of these two effects in determining China's Coal price are unknown. This paper contributes to previous literature by investigating this issue. We find that co-movements between China's Coal price and crude oil price largely hinge on the shares of oil and Coal in China’s energy mix, while its co-movements with international Coal price depend on scales of Coal Trade. Inter-fuel substitution dominated the interaction of China's Coal market with other energy types, but the importance of inter-market contagion has been increasing. We also find that China might have become an originator for driving the returns of crude oil and international Coal, in particular after 2008. Furthermore, China's Coal market is still a net volatility recipient for shocks from both crude oil market and international Coal market. Given the increased integration of global energy markets, we anticipate this paper to provide a better understanding on the dynamic changes in China's Coal prices.
César Ducruet - One of the best experts on this subject based on the ideXlab platform.
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Transport corridors and regional balance in China: the case of Coal Trade and logistics
Journal of Transport Geography, 2014Co-Authors: Chengjin Wang, César DucruetAbstract:Coal plays a vital role in the socio-economic development of China. Yet, the spatial mismatch between production centers (inland Northwest) and consumption centers (coastal region) within China fostered the emergence of dedicated Coal transport corridors with limited alternatives. Serious problems of energy shortage and power rationing have already affected southeastern China. At the same time, enormous interregional Coal transfers face a lack of transport capacity along the transport system. Based on first-hand statistics, a disaggregated analysis of Coal distribution patterns since the late 1970s provides novel evidences about the local effects of macroscopic trends, such as the shift from dominant exports to dominant imports in terms of changing traffic concentration levels and distribution patterns among routes and ports. The spatial evolution of Coal distribution is also discussed in terms of related industry linkages and local influences, Coal Trade policies and market pricing, port system evolution, and transport network planning. The paper also discusses possible improvements of the current situation through enhancing multimodal transport based on a review of current policies.
Long Houyin - One of the best experts on this subject based on the ideXlab platform.
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The roles of inter-fuel substitution and inter-market contagion in driving energy prices: evidences from China’s Coal market
'Elsevier BV', 2019Co-Authors: Li Jianglong, Xie Chunping, Long HouyinAbstract:Coal has been dominating energy supply and consumption in China, with the country becoming the largest energy supplier and consumer worldwide. Due to inter-fuel substitution of crude oil and inter-market contagion of international Coal market, China's Coal price might be interrelated with crude oil price and international Coal price. However, the precise roles of these two effects in determining China's Coal price are unknown. This paper contributes to previous literature by investigating this issue. We find that co-movements between China's Coal price and crude oil price largely hinge on the shares of oil and Coal in China’s energy mix, while its co-movements with international Coal price depend on scales of Coal Trade. Inter-fuel substitution dominated the interaction of China's Coal market with other energy types, but the importance of inter-market contagion has been increasing. We also find that China might have become an originator for driving the returns of crude oil and international Coal, in particular after 2008. Furthermore, China's Coal market is still a net volatility recipient for shocks from both crude oil market and international Coal market. Given the increased integration of global energy markets, we anticipate this paper to provide a better understanding on the dynamic changes in China's Coal prices
Chengjin Wang - One of the best experts on this subject based on the ideXlab platform.
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Transport corridors and regional balance in China: the case of Coal Trade and logistics
Journal of Transport Geography, 2014Co-Authors: Chengjin Wang, César DucruetAbstract:Coal plays a vital role in the socio-economic development of China. Yet, the spatial mismatch between production centers (inland Northwest) and consumption centers (coastal region) within China fostered the emergence of dedicated Coal transport corridors with limited alternatives. Serious problems of energy shortage and power rationing have already affected southeastern China. At the same time, enormous interregional Coal transfers face a lack of transport capacity along the transport system. Based on first-hand statistics, a disaggregated analysis of Coal distribution patterns since the late 1970s provides novel evidences about the local effects of macroscopic trends, such as the shift from dominant exports to dominant imports in terms of changing traffic concentration levels and distribution patterns among routes and ports. The spatial evolution of Coal distribution is also discussed in terms of related industry linkages and local influences, Coal Trade policies and market pricing, port system evolution, and transport network planning. The paper also discusses possible improvements of the current situation through enhancing multimodal transport based on a review of current policies.