气候变化领域集成服务门户(CCPortal): Club convergence in energy efficiency of Belt and Road Initiative countries: The role of China?s outward foreign direct investment

CCPortal

DOI	10.1016/j.enpol.2022.113139
	Club convergence in energy efficiency of Belt and Road Initiative countries: The role of China?s outward foreign direct investment
	Peng, Hua-Rong; Tan, Xiujie; Managi, Shunsuke; Taghizadeh-Hesary, Farhad
发表日期	2022
ISSN	0301-4215
EISSN	1873-6777
卷号	168 页码:12
英文摘要	Countries along with the Belt and Road Initiative (BRI) differ in geographical location, technological levels, and resource endowment. It is worth paying attention to the evolution of the gap in energy efficiency of BRI countries. Therefore, this study investigated club convergence in total-factor energy efficiency (TFEE) of BRI countries, and the role of China's outward foreign direct investment (OFDI) in TFEE convergence, by adopting panel data over 1996-2019. Results indicate that the TFEE of the BRI countries showed a trend of divergence as a whole, but converged to three convergence clubs with different characteristics of 1) high TFEE and convergence rates (20 countries); 2) middle TFEE and convergence rates (13 countries), 3) low TFEE and convergence rates (27 countries). We also found that China's OFDI in low-carbon industries in BRI countries contributed to the convergence of clubs with high energy efficiency and convergence rates. Moreover, China's OFDI in high-carbon industries showed a pollution halo effect, causing lower energy efficiency countries to converge to the high energy efficiency and convergence rate club.
英文关键词	Energy efficiency; Club convergence; Belt and road initiative; Outward foreign direct investment
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:000828175900001
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/272288
作者单位	Hubei University of Economics; Hubei University of Economics; Wuhan University; Wuhan University; Kyushu University; Tokai University; Tokai University
推荐引用方式 GB/T 7714	Peng, Hua-Rong,Tan, Xiujie,Managi, Shunsuke,et al. Club convergence in energy efficiency of Belt and Road Initiative countries: The role of China?s outward foreign direct investment[J],2022,168:12.
APA	Peng, Hua-Rong,Tan, Xiujie,Managi, Shunsuke,&Taghizadeh-Hesary, Farhad.(2022).Club convergence in energy efficiency of Belt and Road Initiative countries: The role of China?s outward foreign direct investment.ENERGY POLICY,168,12.
MLA	Peng, Hua-Rong,et al."Club convergence in energy efficiency of Belt and Road Initiative countries: The role of China?s outward foreign direct investment".ENERGY POLICY 168(2022):12.