经济学最新文献

{"title":"Can we increase the effectiveness of ODA (official development assistance) for renewable energy development? An assessment of the relative performance of financial incentive policy measures","authors":"Gumin Jung,&nbsp;Shin Lee","doi":"10.1111/dpr.70026","DOIUrl":"https://doi.org/10.1111/dpr.70026","url":null,"abstract":"<div>\u0000 \u0000 \u0000 <section>\u0000 \u0000 <h3> Motivation</h3>\u0000 \u0000 <p>The transition from fossil fuels to renewable energy is crucial to address climate change and achieving sustainable development, particularly for low- and middle-income countries (LMICs). The Paris Agreement underscored the importance of involving LMICs in global greenhouse gas reduction efforts, thus amplifying the relevance of renewable energy development in these regions.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Purpose</h3>\u0000 \u0000 <p>This study evaluates the effectiveness of financial incentive policies in enhancing official development assistance for renewable energy development in LMICs. It also provides strategies for beneficiaries to select efficient financial incentive policies.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Methods and approach</h3>\u0000 \u0000 <p>The study uses panel regression analysis to assess the effectiveness of the financial incentive policies in the relationship between official development assistance for renewable energy development and renewable electricity generation. Using renewable electricity generation as the performance indicator, the article examines the effectiveness of individual financial incentive policies. The data span 2010 to 2019 for 79 LMICs, including the post-Paris agreement period.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Findings</h3>\u0000 \u0000 <p>The findings indicate that feed-in tariffs and loans positively moderate the relationship between official development assistance for renewable energy development and renewable electricity generation. Feed-in tariffs seem to have a long-term effect due to their policy design, and loans emerge as a significant moderator influenced by the technological maturation and transformative changes in international climate policy.</p>\u0000 </section>\u0000 \u0000 <section>\u0000 \u0000 <h3> Policy Implications</h3>\u0000 \u0000 <p>The results suggest that official development assistance for renewable energy development beneficiaries should prioritize feed-in tariffs and loans. Feed-in tariffs offer consistent risk reduction and market access, while loans are most effective when institutional and technological conditions enable large-scale investment. Donors should promote feed-in tariffs for sustained stakeholder participation and loans for capital mobilization.</p>\u0000 </section>\u0000 </div>","PeriodicalId":51478,"journal":{"name":"Development Policy Review","volume":"43 5","pages":""},"PeriodicalIF":1.4,"publicationDate":"2025-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/dpr.70026","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144758627","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"How media discourse constructs the role of new energy policies in addressing energy challenges: A comparative analysis of China and the U.S.","authors":"Cheng Chen ,&nbsp;Renping Liu","doi":"10.1016/j.enpol.2025.114807","DOIUrl":"10.1016/j.enpol.2025.114807","url":null,"abstract":"<div><div>This study explores how new energy policies in China and the U.S. are represented and framed in mass media discourse. Rather than analyzing policy formulation themselves, the study focuses on media narratives, which shape public perceptions, influence stakeholder engagement and reflect national approaches to energy transitions, thus providing insights beyond traditional economics- or technology-centered perspectives. Through a comparative corpus-based analysis of news data, the study identifies distinct framing strategies shaped by national energy policies, governance approaches, and socio-political contexts as reflected in media discourse. The results indicate that Chinese media tend to emphasize structured, long-term planning, technological advancements and international cooperation, which reinforces a positive vision of coordinated progress in renewable energy transitions. In contrast, U.S. media often highlight political polarization, shifting policy priorities and geopolitical competition, underscoring the challenges of fragmented decision-making and the pursuit of energy independence. These differing narratives correspond with broader governance models—China's more centralized and goal-oriented strategy appears associated with large-scale renewable energy deployment, while the U.S. approach, influenced by political cycles and market forces, is often associated with policy volatility and stakeholder-driven innovation. The findings suggest correlations between governance styles and media framing patterns, where centralized planning may facilitate rapid infrastructure development and global partnerships, whereas decentralized governance encourages technological diversification and public discourse. By illustrating how media discourse reflects energy transitions, this study contributes to broader discussions on global sustainability, policy integration, and the evolving role of media in energy governance.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"206 ","pages":"Article 114807"},"PeriodicalIF":9.2,"publicationDate":"2025-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144748868","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The long-term effect of western customs institution on firm innovation in China","authors":"Gan Jin ,&nbsp;Günther G. Schulze","doi":"10.1016/j.jebo.2025.107154","DOIUrl":"10.1016/j.jebo.2025.107154","url":null,"abstract":"<div><div>Can cultural norms fostered by historical institutions affect today’s firm innovation? We analyze a historical experiment in China in 1902, when the foreign-run Chinese Maritime Customs Service (CMC), known for its efficient and transparent governance, took over <em>some</em> of the Chinese Native Customs stations and improved their governance. Using a large data set of contemporary industrial firms in China and an IV strategy that exploits the takeover criterion for identification, we show that firms in locations historically affected by the CMC rules exhibit higher innovation intensities today, which can be attributed to the persisting norms of honesty and lawfulness embedded in the CMC institution. They reduce corruption and misconduct for local governments and firms, even though the formal CMC institution was abolished in 1949.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"237 ","pages":"Article 107154"},"PeriodicalIF":2.3,"publicationDate":"2025-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144757928","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Policy pathways for renewable energy, health, and sustainability in sub-saharan Africa: An empirical assessment of energy access and life expectancy","authors":"Sohidul Islam ,&nbsp;Md. Mustaqim Roshid ,&nbsp;Reday Chandra Bhowmik ,&nbsp;Bablu Kumar Dhar ,&nbsp;Asif Raihan ,&nbsp;Rejaul Karim","doi":"10.1016/j.enpol.2025.114801","DOIUrl":"10.1016/j.enpol.2025.114801","url":null,"abstract":"<div><div>This study investigates the effects of renewable energy consumption, health expenditure, CO₂ emissions, GDP, and population growth on life expectancy in Sub-Saharan Africa (SSA). It uses unbalanced panel data from 46 SSA countries spanning 1995–2023. To ensure robustness and address cross-sectional dependence and heterogeneity, the study applies Driscoll–Kraay standard errors, Dynamic Ordinary Least Squares (DOLS), and Quantile Regression (QR), offering insights across the distribution of life expectancy. The results show that GDP and health expenditure positively influence life expectancy, while CO₂ emissions and population growth have significant negative impacts. Notably, renewable energy consumption is negatively associated with life expectancy, suggesting that limited access, inefficient technologies, and weak institutions constrain health benefits in the region. These findings challenge conventional assumptions about the automatic advantages of clean energy in low-capacity settings. The study recommends region-specific, actionable policies such as expanding decentralized renewable energy systems, increasing investment in primary healthcare infrastructure, and integrating energy and health planning at the national level. These measures are essential to achieving Sustainable Development Goals (SDGs) 3 (Good Health), 7 (Clean Energy), and 13 (Climate Action), and provide a roadmap for inclusive and resilient development in SSA.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"206 ","pages":"Article 114801"},"PeriodicalIF":9.2,"publicationDate":"2025-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144757039","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Economic analysis of free & subsidized power supply versus solar PV cell subsidy towards sustainable agriculture in India - An external cost approach and policy implications","authors":"S Shri Ram Kumar ,&nbsp;S Rahul Bharath ,&nbsp;Srinivasan Periaswamy","doi":"10.1016/j.enpol.2025.114811","DOIUrl":"10.1016/j.enpol.2025.114811","url":null,"abstract":"<div><div>India's agricultural sector receives extensive support through free or subsidized electricity for irrigation, creating long-term fiscal stress for state governments and contributing to emissions from coal-based power generation. This study presents a comparative economic and environmental assessment of subsidized electricity versus a transition to solar photovoltaic (PV) systems. Using Levelized Cost of Electricity (LCOE) modeling, the study integrates external environmental and health costs through the ExternE framework, localized for Indian conditions. A state-level cost–benefit analysis quantifies the potential savings from reduced subsidies and avoided coal generation, against the capital investment needed for PV deployment. Monte Carlo simulations using the Reserve Bank of India's 4 % ± 2 % inflation target range model long-term variability in electricity costs, enabling more realistic and risk-aware projections. Results show that solar PV becomes more economical than coal when externalities are considered, with LCOE estimates for coal rising to ₹20.49–22.41/kWh by 2045 compared to ₹7.46–8.16/kWh for solar. Most states can recover PV investment within 2.4–5.4 years. The findings support a policy shift toward capital subsidies for decentralized solar PV, offering both fiscal relief and environmental benefits. The study contributes to evidence-based policymaking for sustainable agriculture and cleaner energy transitions in India.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"206 ","pages":"Article 114811"},"PeriodicalIF":9.2,"publicationDate":"2025-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144748865","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The blessing and curse of natural resource dependence: A stochastic frontier analysis on productivity, resource rent, governance and sustainability","authors":"Woon Kan Yap ,&nbsp;Nor Liyana M. Anuar ,&nbsp;Yun Cyn Choong","doi":"10.1016/j.resourpol.2025.105695","DOIUrl":"10.1016/j.resourpol.2025.105695","url":null,"abstract":"<div><div>This study <strong>examines</strong> the relationship between natural resource dependence and total factor productivity (TFP) and how institutional governance and CO2 emissions condition this relationship. Natural resources are finite with limited scalability; consequently, resource-rich economies must eventually diversify, incurring an opportunity cost in the form of potential productivity losses when capital is reallocated from established extractive sectors. To quantify this opportunity cost, we apply a stochastic frontier framework to a panel of resource-dependent countries, allowing the marginal effect of natural resource rents on TFP to be recovered through the estimation of technical inefficiency. The results indicate that greater resource dependence generally raises TFP, but only in environments characterised by weak governance and high CO2 emissions. However, below a certain threshold level of dependence, improved institutional governance emerges as the principal driver of productivity. Two policy actions follow. First, consolidate and effectively regulate the extractive sector to capture the scale economies. Second, reallocate a portion of the resulting higher natural resource rents to more productive industries in which the country possesses a comparative advantage, including frontier industries. The successful implementation of these policy actions hinges on improved governance that boosts efficiency and transparency. In turn, economic diversification presents an opportunity for a green transition due to traditional extractive industries being compelled to modernise extraction with cleaner, more efficient capital in anticipation of a shift in labour toward emerging growth sectors.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"108 ","pages":"Article 105695"},"PeriodicalIF":10.2,"publicationDate":"2025-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144749470","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Use of observation data to identify time and location for plastic bag ban monitoring in Cities of Nepal","authors":"Bishal Bharadwaj ,&nbsp;Mukti Nath Subedi","doi":"10.1016/j.cities.2025.106264","DOIUrl":"10.1016/j.cities.2025.106264","url":null,"abstract":"<div><div>Over 36,000 city residents across 264 locations in 40% of Nepal's municipalities were observed to record their bag usage behaviour. We use a multinomial logit model to analyse the data and understand how individual bag (plastic, reusable, habitual and without bag) use choices vary by location and time. We then selected the best-performing model from 9 classification algorithms for the Monte Carlo simulation to identify hot spots and times for the efficient deployment of the compliance monitoring team, hereafter referred to as monitoring. Our findings suggest that monitoring residential areas in the morning and office areas in the evening, with a particular focus on vegetable markets and evenings, could increase the effectiveness of plastic bag bans. The study also revealed difference in city residents' bag choice in municipalities with and without the ban.</div></div>","PeriodicalId":48405,"journal":{"name":"Cities","volume":"167 ","pages":"Article 106264"},"PeriodicalIF":6.6,"publicationDate":"2025-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144750200","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Green industrial policy under financial constraints: Insights from India’s state-led decarbonization","authors":"Mathias Larsen","doi":"10.1016/j.worlddev.2025.107153","DOIUrl":"10.1016/j.worlddev.2025.107153","url":null,"abstract":"<div><div>State financing in different forms is the core of green industrial policy. In spite of severe domestic and international financial constraints, India’s green industrial policy has delivered a rapid scale-up of both solar installation and manufacturing. Here, I explore how this unanticipated success was possible. I contribute to the literature on how state-led decarbonization can be funded in the global South by examining current assumptions regarding states’ ability to finance industrial policy. I find that India’s approach can be summarized as ‘state-organized financing with limited fiscal expenditure.’ Direct fiscal expenditures by the state are kept at a minimum and narrowly scoped to specific technologies. Instead, most state financing comes from state-owned enterprises and state-owned financial institutions, alongside financial de-risking by state-owned distribution companies. This is complemented by state-ensured demand and import barriers. Through this approach, fiscal spending makes up a low proportion of overall state financing in India’s green industrial policy. This finding suggests that green industrial policy may be feasible in countries under financial constraints, supporting an emerging research agenda on state agency and policy maneuverability for steering a green transition in the global South.</div></div>","PeriodicalId":48463,"journal":{"name":"World Development","volume":"195 ","pages":"Article 107153"},"PeriodicalIF":4.8,"publicationDate":"2025-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144750301","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Regional coordination for emission reduction and energy supply in transition: A spatiotemporally adaptive policy framework based on markets dynamic reconstruction","authors":"Baojun Tang ,&nbsp;Huchen Feng ,&nbsp;Ru Li","doi":"10.1016/j.enpol.2025.114803","DOIUrl":"10.1016/j.enpol.2025.114803","url":null,"abstract":"<div><div>As a core area of the global carbon neutrality process, the orderly transition of the power system faces the challenge of reconciling energy and environmental aspects. However, the coordination paths of parallel mechanisms for multi-regional power producers have not yet been systematically adjusted based on market states. Taking China's power sector as an example, this study constructs a framework for the coupled operation of the carbon market and the power market considering regional heterogeneity and proposes the Response-Trend-Accumulation-Shap mechanism to reconstruct and transform the market coupling trend to coordinate the operation of the carbon quota and capacity compensation mechanisms. The study shows that the coordination mechanism can compress the carbon emission space by 1.5 billion tons from 2021 to 2060 based on achieving the integrated target, and can regulate the implementation strength of different mechanisms in phases according to regional transformation characteristics. Finally, policy proposals are made to flexibly adjust the benchmark value of carbon quotas and differentiate capacity compensation policies, to achieve a balance between carbon emission reduction and energy supply under heterogeneous regional conditions.</div></div>","PeriodicalId":11672,"journal":{"name":"Energy Policy","volume":"206 ","pages":"Article 114803"},"PeriodicalIF":9.2,"publicationDate":"2025-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144748866","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Power to La Gentefiers?: Unveiling conflicting narratives and power dynamics in the politicization of Latino commercial gentrification","authors":"Yael Shmaryahu-Yeshurun","doi":"10.1016/j.cities.2025.106324","DOIUrl":"10.1016/j.cities.2025.106324","url":null,"abstract":"<div><div>The article explores the politicization of commercial gentrification within Latino neighborhoods, examining the intersections of ethnicity, class, politics, and community dynamics. I utilize the concept of <em>gentefication</em>, coined and utilized by Latino entrepreneurs and scholars, to critically analyze the political and cultural implications of Latino commercial gentrification as perceived, justified, or contested by Latino entrepreneurs, activists, and residents. Employing a qualitative approach and drawing on case studies from Latino commercial gentrification in Chicago, Los Angeles, and San Diego, the research conducts in-depth analysis to uncover common themes and unique expressions, shedding light on the political and multifaceted nature of Latino commercial gentrification. The findings illuminate the contradictory positions and narratives surrounding the roles of Latino commercial gentrification and its politicization, revealing intricate power dynamics, inequalities, and fragmented interests within gentrified areas. They emphasize that the empowerment of political voice through commercial gentrification comes at a cost, sparking tensions within the ethnic community and allegations of cultural commodification, community-washing, and displacement.</div></div>","PeriodicalId":48405,"journal":{"name":"Cities","volume":"167 ","pages":"Article 106324"},"PeriodicalIF":6.6,"publicationDate":"2025-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144750204","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}