[1] Shandong Univ, Ctr Econ Res, Jinan 250100, Shandong, Peoples R China
[2] Shanghai Univ Finance & Econ, Sch Publ Econ & Adm, Shanghai 200433, Peoples R China
[3] Xiamen Univ, Sch Management, China Inst Studies Energy Policy, Collaborat Innovat Ctr Energy Econ & Energy Polic, Xiamen 361005, Fujian, Peoples R China
[4] Nankai Univ, Sch Finance, Tianjin 300350, Peoples R China
[5] Renmin Univ China, Sch Environm & Nat Resources, Beijing 100872, Peoples R China