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China's Economic Gene Mutations - By Electricity Economics and Multi-agent (Hardcover, 1st ed. 2015)
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China's Economic Gene Mutations - By Electricity Economics and Multi-agent (Hardcover, 1st ed. 2015)
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The book focuses on low-carbon issues and China's economy, which is
analyzed from the perspective of electricity economics. It proposes
the novel concept of an "economic gene" to reflect certain
characteristics of the economy. The gene mapping of China's economy
has been studied based on production functions with electricity.
Economic mutations have also been studied with the aim of
diagnosing problems in the economy. Two such mutations have
occurred in China since 1978, the most recent being in 2012 and no
further mutation is expected until 2025. The book describes the
inherent quality of China's economy from 2012 to 2025, and how
mechanism reforms would greatly improve marginal representative
factor productivity in this period. The agents response equilibrium
(ARE) approach to simulate national economy, based on multi-agent
technology is proposed. Another cornerstone of the model is the
input-output table. Simulated input-output tables from 2011 to 2025
are provided in the book. This book provides recommendations for
policy makers and advisors, and is a valuable resource for
researchers in the fields of economics, public policies, low-carbon
development, electricity and energy. It also provides insights into
China's economic development.
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