气候变化领域集成服务门户(CCPortal): Does financial agglomeration promote the increase of energy efficiency in China?

CCPortal

DOI	10.1016/j.enpol.2020.111810
	Does financial agglomeration promote the increase of energy efficiency in China?
	Qu C.; Shao J.; Shi Z.
发表日期	2020
ISSN	03014215
卷号	146
英文摘要	Whether financial agglomeration is conducive to the improvement of energy efficiency is of great significance for China to better follow the path of energy conservation and emission reduction, and green sustainable development. Based on the balanced panel data of 285 cities in China from 2005 to 2017, this paper analyzes the impact of financial agglomeration on energy efficiency. Theoretical analysis shows that financial agglomeration can influence energy efficiency through scale economy effect, innovation driving effect, information spillover effect and structural adjustment effect. Dynamic spatial econometric results show that, from a national perspective, financial agglomeration has a positive impact on energy efficiency. However, from the perspective of different regions and different city sizes, it is found that financial agglomeration can have different effects on energy efficiency. Financial agglomeration has a significant positive impact on energy efficiency in eastern and central regions, megacities and big cities. Financial agglomeration has a significant negative impact on energy efficiency in western China, and has no significant effect on energy efficiency in medium-sized and small cities. Finally, based on the conclusions of the study, specific proposals for financial agglomeration to improve energy efficiency are proposed. © 2020 Elsevier Ltd
关键词	China Dynamic spatial panel Energy efficiency Financial agglomeration
英文关键词	Agglomeration; Emission control; Finance; Different effects; Driving effect; Dynamic spatial; Energy conservation and emission reductions; Information spillovers; Megacities; Scale economies; Western China; Energy efficiency; emission control; energy efficiency; energy market; energy policy; financial services; spatiotemporal analysis; spillover effect; sustainable development; China
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/204827
作者单位	School of Economics and Management, Southeast University, Nanjing, 211189, China; College of International Economics and Trade, Lanzhou University of Finance and Economics, Lanzhou, 730101, China; School of Business, Jiangnan University, Wuxi, 214122, China
推荐引用方式 GB/T 7714	Qu C.,Shao J.,Shi Z.. Does financial agglomeration promote the increase of energy efficiency in China?[J],2020,146.
APA	Qu C.,Shao J.,&Shi Z..(2020).Does financial agglomeration promote the increase of energy efficiency in China?.Energy Policy,146.
MLA	Qu C.,et al."Does financial agglomeration promote the increase of energy efficiency in China?".Energy Policy 146(2020).