Abstract

What is mutation of an economy? Is there any gene in the economy? Production functions with electricity have the characteristics of a gene, and it can reflect the mutation of the economy by electricity economics. This book typically tries to provide a new perspective of study on China’s economy by electricity economics. As one of the necessary inputs, electricity has been commonly used in almost all types of productions, and electricity data can also serve as an accurate measure for economic productions in nearly all kinds of economic activities. It is a useful data source for reviewing economic activities that require accurate and reliable electricity data from firm to sector, to industry, and to national economy. By means of electricity economics, the economic development in China will be reviewed in this chapter. It will provide some new scenarios on economic activities for some sectors; the primary, secondary, and tertiary industry; and the national economy.

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