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DOI10.1016/j.enpol.2022.113307
Energy structure dividend, factor allocation efficiency and regional productivity growth-- An empirical examination of energy restructuring in China
Hongjun, Guan; Liye, Dong; Aiwu, Zhao
发表日期2023
ISSN0301-4215
EISSN1873-6777
卷号172页码:12
英文摘要This paper introduces the energy structure variables into the generalized cost function from the dual perspective of energy structural dividend and factor allocation distortion. It quantitatively estimates the factor allocative efficiency, cost elasticity and marginal cost of the energy decarbonization practice in China from 2004 to 2019. Estimation results show that: (i) there is a structural dividend effect of energy restructuring in China. On average, a 1% increase in the level of decarbonization of the energy structure reduces the total cost by 0.57% and the marginal cost by 5.846 billion yuan. Specifically, a 1% reduction in the share of coal consumption reduces the marginal cost by 4.590 billion yuan. (ii)Energy restructuring has accelerated factor allocation distortions in recent years. In terms of the impact of energy decarbonization on productivity growth, the inhibition of factor allocation distortion on productivity growth mainly comes from scale effect. (iii)Energy restructuring has a heterogeneous impact on productivity growth across provinces. Productivity growth in energy-consuming regions is lower than that in energy-supplying regions, while the regions where factor allocation distortions have a greater impact on productivity growth are mostly found in the central and western parts of the country where factor markets are less developed.
英文关键词Energy structure; Factor allocation; Productivity; Generalized cost function
学科领域Economics; Energy & Fuels; Environmental Sciences; Environmental Studies
语种英语
WOS研究方向Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology
WOS记录号WOS:000882273700005
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/272075
作者单位Shandong University of Finance & Economics; Shandong University of Finance & Economics
推荐引用方式
GB/T 7714
Hongjun, Guan,Liye, Dong,Aiwu, Zhao. Energy structure dividend, factor allocation efficiency and regional productivity growth-- An empirical examination of energy restructuring in China[J],2023,172:12.
APA Hongjun, Guan,Liye, Dong,&Aiwu, Zhao.(2023).Energy structure dividend, factor allocation efficiency and regional productivity growth-- An empirical examination of energy restructuring in China.ENERGY POLICY,172,12.
MLA Hongjun, Guan,et al."Energy structure dividend, factor allocation efficiency and regional productivity growth-- An empirical examination of energy restructuring in China".ENERGY POLICY 172(2023):12.
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