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| 1 |
ID:
187837
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| Summary/Abstract |
By raising road transportation costs, an increase in gasoline prices should be expected to reduce housing demand in locations further from the central business district (CBD) relative to inner-city locations. This study uses a monthly real estate area dataset for 19 large cities in China over 2010–2018 to investigate the impact of gasoline prices on intra-city spatial differentials in housing prices. The findings suggest that higher gasoline prices on average lead to a relative decline in housing prices in outer suburbs, with a 1% increase in gasoline prices on average leading to a 0.004% relative reduction in home values for every additional kilometer from the CBD. The effect is larger in cities that have higher automobile ownership rates and that are less densely populated. The results are consistent with a conclusion that the rise of electric vehicles, autonomous vehicles, and working from home is likely to contribute to a lowering of geographical price differentials within Chinese cities over time.
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| 2 |
ID:
161831
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| Summary/Abstract |
Although infrastructure and innovation play important roles in fostering a country's economic growth, discussion in the literature about how the two are connected is limited. This paper examines the impact of road density on firm innovation in the People's Republic of China. The analysis uses a matched patent database at the firm level and road information at the city level. Regional variation in the difficulty of constructing roads is used as an instrumental variable to address the potential endogeneity problem of the road variable. The empirical results show that a 10% improvement in road density increases the average number of approved patents per firm by 0.71%. Road development spurs innovation by enlarging market size and facilitating knowledge spillover.
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| 3 |
ID:
115135
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| Publication |
2012.
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| Summary/Abstract |
The characteristics of China's energy structure and the distribution of its coal resources make coal transportation a very important component of the energy system; moreover, coal transportation acts as a bottleneck for the Chinese economy. To insure the security of the coal supply, China has begun to build regional strategic coal reserves at some locations, but transportation is still the fundamental way to guaranty supply security. Here, we study China's coal transportation quantitatively with a linear programming method that analyses the direction and volume of China's coal flows with the prerequisite that each province's supply and demand balance is guaranteed. First, we analyse the optimal coal transportation for the status quo coal supply and demand given the bottleneck effects that the Daqin Railway has on China's coal flow; second, we analyse the influence of future shifts in the coal supply zone in the future, finding that China's coal flows will also change, which will pressure China to construct railways and ports; and finally, we analyse the possibility of exploiting Yangtze River capacity for coal transportation. We conclude the paper with suggestions for enhancing China's coal transportation security.
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| 4 |
ID:
125695
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2013.
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| Summary/Abstract |
In a post-carbon energy economy, just as during the Age of Fossil Fuel, the locations where men take control of energy resources (e.g., the coal-pit, the mill wheel, the terminals of a concentrating solar power generator) will often be far removed from the locations where they wish to expend those resources. Therefore, the captured energy resource, once isolated, must somehow be translated from its point of origin to its point of use; and in doing so, its owner must expend energy. In this paper it is argued that, in a sustainably fueled future: (i) renewable energy in its initially transportable form will be overwhelmingly electrical; (ii) energy frugality will dictate long-distance transport of energy as electricity; (iii) intermediate-term (less than a fortnight) storage of energy will be via compressed air energy storage or pumped hydro- or electrochemical batteries, which can not be comparatively evaluated without extensive expensive development and demonstration; and (iv) massive conversion of electrical energy into synthetic fuels will be restricted to selected transportation applications.
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