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Assuming the heterogeneity of different industries, this paper, using time series data of years from 1980 to 2008 to empirically testify the direct &indirect as well as the long & short term shocks from energy price on energy efficiency of the tertiary industry in P. R. China, concludes that the rise of energy prices can significantly reduce the energy intensity in China’s tertiary industry in the short and long run. Meanwhile, indirectly, energy price increase also exerts strong influence on the tertiary industry energy efficiency via the channel of coal consumption ratio change in the tertiary industry; namely, the higher energy price leads to more coal consumption, thus enhancing the energy efficiency as well.
Assuming the heterogeneity of different industries, this paper, using time series data of years from 1980 to 2008 to empirically testify the direct & indirect as well as the long & short term shocks from energy price on energy efficiency of the tertiary industry in PR China, concludes that the rise of energy prices can significantly reduce the energy intensity in China’s tertiary industry in the short and long run. Meanwhile, indirectly, energy price increase also exerts strong influence on the tertiary industry energy efficiency via the channel of coal consumption ratio change in the tertiary industry; namely, the higher energy price leads to more coal consumption, thus enhancing the energy efficiency as well.