firm i is given by a traditional production function, with Hicks-neutral technical change: Yi(t) = Ai(t)F(Ki(t), Li(t)) (1) where F(., . ) is a well-behaved production function whose inputs K(t) and L(t) are capital and labor; A(t) is the technical change (or TFP)....
As the country with the largest carbon emission and the country that is facing the greatest constraint on carbon emission reduction, China has an arduous task in dealing with global climate change. The in-depth exploration of the potential drivers of CO2 emission growth in the context of Chinese...