| Abstract:This paper uses the global multi-regional input-output model and the multi-regional multiplicative structure decomposition analysis model to analyze the impact of “Belt and Road” country demand on China’s energy intensity. The study found that the “Belt and Road” country demand has a higher pulling effect on China’s energy intensity than domestic demand, and the contribution of “Belt and Road” country demand to China’s energy intensity increased during the sample period. The main reason is that the final demand for China from the “Belt and Road” countries has increased significantly. At the national level, India, Thailand, Singapore, Malaysia, Indonesia, Russia, Vietnam, Turkey, Poland, and Saudi Arabia have greater contribution to China’s energy intensity. Construction, textiles and wearing apparel, electrical and machinery, education, health and other services are the main channels through which the “Belt and Road” countries’ demand affects China’s energy intensity. Besides, China’s energy intensity dropped significantly during the sample period, and the sectoral energy intensity effect is the main force driving its decline. While the domestic and the “Belt and Road” countries’ final demand effect, and the “Belt and Road” countries’ input-output structure effect have an inhibitory effect on the China’s energy intensity decline. |
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