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Author:

He, W. (He, W..) | Li, W. (Li, W..) | Wang, C. (Wang, C..) | Wang, S. (Wang, S..) | Yang, Y. (Yang, Y..)

Indexed by:

EI Scopus SCIE

Abstract:

Along with the rapid development of society, the position of energy has become more prominent in recent years. However, energy resource misallocation has been a common phenomenon, which has been a brake on energy efficiency promotion and regional low carbon development. Therefore, this study serves to investigate interprovincial energy resource misallocation in China across five typical industries from 2003 to 2017 by an improved Gini Coefficient method. Then a panel data model is built to explore whether energy resource misallocation has a significant impact on energy efficiency. Results show that the national energy resource misallocation index (MI), on average, fell from 0.461 in 2003 to 0.363 in 2017, presenting a decreasing trend, which means that China's interprovincial energy resource misallocation has been effectively alleviated. Furthermore, we find that the energy resource misallocation has a significant negative effect on interprovincial energy efficiency. More specifically, a 1% decrease in the energy resource MI causes a 0.268% increase in energy efficiency. In addition, the urbanization level, industrial structure, and the proportion of fossil energy could inhibit the improvement of energy efficiency, while the increase in economic level could exert a positive effect on the improvement of energy efficiency. © 2023 Elsevier Ltd

Keyword:

Energy resource misallocation Energy efficiency Gini coefficient Misallocation index

Author Community:

  • [ 1 ] [He W.]School of Economics and Management, University of Science and Technology Beijing, Beijing, 100083, China
  • [ 2 ] [He W.]The Institute of Low Carbon Operations Strategy for Beijing Enterprises, Beijing, 100083, China
  • [ 3 ] [Li W.]School of Economics and Management, University of Science and Technology Beijing, Beijing, 100083, China
  • [ 4 ] [Wang C.]School of Mathematics and Physics, University of Science and Technology Beijing, Beijing, 100083, China
  • [ 5 ] [Wang S.]School of Mathematics and Physics, University of Science and Technology Beijing, Beijing, 100083, China
  • [ 6 ] [Yang Y.]School of Economics and Management, Beijing University of Technology, Beijing, 100124, China

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Source :

Energy

ISSN: 0360-5442

Year: 2024

Volume: 288

9 . 0 0 0

JCR@2022

Cited Count:

WoS CC Cited Count: 0

SCOPUS Cited Count: 8

ESI Highly Cited Papers on the List: 0 Unfold All

WanFang Cited Count:

Chinese Cited Count:

30 Days PV: 5

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