{"title":"The unintended consequence of human capital intensity on energy intensity: Evidence from China","authors":"Yang Xu , Wenbin Xiang , Peng Du , Liang Cao","doi":"10.1016/j.chieco.2025.102473","DOIUrl":null,"url":null,"abstract":"<div><div>Human capital is an essential determinant of economic growth. Exploiting the exogenous policy of university expansion in China as a quasi-experiment, this paper investigates the unintended impact of human capital intensity on energy intensity at the firm level using a difference-in-differences strategy. We find that the increase in human capital intensity reduces firms' energy intensity, thus improving energy efficiency. We find that more white-collar jobs and potential skill upgrades are the main drivers of reduced energy intensity. Moreover, we find that the impact on energy intensity is larger for private firms, light industry firms and firms in non-capital cities. Our findings provide an unintended but important consequence of human capital improvement through the lens of energy consumption.</div></div>","PeriodicalId":48285,"journal":{"name":"中国经济评论","volume":"93 ","pages":"Article 102473"},"PeriodicalIF":5.2000,"publicationDate":"2025-06-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"中国经济评论","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1043951X25001312","RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Human capital is an essential determinant of economic growth. Exploiting the exogenous policy of university expansion in China as a quasi-experiment, this paper investigates the unintended impact of human capital intensity on energy intensity at the firm level using a difference-in-differences strategy. We find that the increase in human capital intensity reduces firms' energy intensity, thus improving energy efficiency. We find that more white-collar jobs and potential skill upgrades are the main drivers of reduced energy intensity. Moreover, we find that the impact on energy intensity is larger for private firms, light industry firms and firms in non-capital cities. Our findings provide an unintended but important consequence of human capital improvement through the lens of energy consumption.
期刊介绍:
The China Economic Review publishes original works of scholarship which add to the knowledge of the economy of China and to economies as a discipline. We seek, in particular, papers dealing with policy, performance and institutional change. Empirical papers normally use a formal model, a data set, and standard statistical techniques. Submissions are subjected to double-blind peer review.