{"title":"Energy transformation, green finance, and energy utilization efficiency","authors":"Ting Li , Xiaoqiang Zheng , Zhiwen Li","doi":"10.1016/j.frl.2025.107914","DOIUrl":null,"url":null,"abstract":"<div><div>This study examines the impact of China’s <em>New energy demonstration city</em> policy on the efficiency of urban energy use. This study demonstrates that the policy significantly promotes energy efficiency by improving human capital, with green finance further amplifying this effect. Heterogeneity analysis reveals that non-resource-based cities and those outside the Yangtze River Economic Belt tend to benefit more.</div></div>","PeriodicalId":12167,"journal":{"name":"Finance Research Letters","volume":"85 ","pages":"Article 107914"},"PeriodicalIF":7.4000,"publicationDate":"2025-07-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Finance Research Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1544612325011729","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0
Abstract
This study examines the impact of China’s New energy demonstration city policy on the efficiency of urban energy use. This study demonstrates that the policy significantly promotes energy efficiency by improving human capital, with green finance further amplifying this effect. Heterogeneity analysis reveals that non-resource-based cities and those outside the Yangtze River Economic Belt tend to benefit more.
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