Abstract
China’s rapidly rising crude oil consumption has been a cause of concern, both for China’s own energy security and the effects this rising demand has on world oil markets. However, one must disaggregate the domestic Chinese demand for petroleum products to reveal what sort of policy options might be sensible. In this research, we provide a simple empirical characterisation of recent transitions in China’s market for refined petroleum products. This study discusses the factors that affect the demand for various petroleum products to enhance our understanding of China’s oil economy. Policy options currently being considered by China’s leaders are discussed in light of our empirical findings.
| Original language | English |
|---|---|
| Pages (from-to) | 349-373 |
| Number of pages | 25 |
| Journal | OPEC Energy Review: energy economics and related issues |
| Volume | 36 |
| Issue number | 3 |
| DOIs | |
| Publication status | Published - 2012 |
| Externally published | Yes |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
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