Energy Economics最新文献_第3页

Market segmentation and urban energy consumption: An analysis of threshold effects from an agglomeration perspective 市场分割与城市能源消费：基于集聚视角的门槛效应分析

IF 13.6 2区经济学

Energy Economics Pub Date : 2025-05-15 DOI: 10.1016/j.eneco.2025.108517

Xinshuo Hou , Yan He , Xin Liu , Dongyang Li , Shijie Zhang

{"title":"Market segmentation and urban energy consumption: An analysis of threshold effects from an agglomeration perspective","authors":"Xinshuo Hou , Yan He , Xin Liu , Dongyang Li , Shijie Zhang","doi":"10.1016/j.eneco.2025.108517","DOIUrl":"10.1016/j.eneco.2025.108517","url":null,"abstract":"<div><div>Mitigating energy consumption is a critical concern for countries globally as they pursue sustainable development goals. Despite the intertwining nature of market segmentation and economic development, their impact on energy consumption has received limited attention. The role of urban agglomeration in this context remains a topic of debate. This study explores the relationship between market segmentation and energy consumption based on the urban agglomeration perspective. Our empirical analysis draws on panel data from 265 cities across China collected over the period from 2004 to 2022. Diverging from prior studies that focus on singular indicators, our approach encompasses urban agglomeration across three dimensions: polycentric, industrial, and population concentrations. The research results show that: (1) Market segmentation is positively associated with urban energy consumption trends consistent across robustness tests; (2) Market segmentation has a significant impact on urban energy consumption, which varies significantly in terms of city scale, location and level. (3) The three urban agglomeration variables exhibit distinct moderating effects on the relationship between market segmentation and energy consumption. These research results provide a theoretical foundation for policy recommendations for energy conservation and market segmentation reduction.</div></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"147 ","pages":"Article 108517"},"PeriodicalIF":13.6,"publicationDate":"2025-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144124038","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}

引用次数: 0

Can financial agglomeration narrow the urban-rural electricity consumption gap in China? 金融集聚能缩小中国城乡用电量差距吗？

IF 13.6 2区经济学

Energy Economics Pub Date : 2025-05-14 DOI: 10.1016/j.eneco.2025.108600

Yi Wen

引用次数: 0

The digital path to carbon neutrality: Examining the carbon abatement effect of digital place-based policy in China 碳中和的数字路径：中国基于地方的数字政策的碳减排效果研究

IF 13.6 2区经济学

Energy Economics Pub Date : 2025-05-14 DOI: 10.1016/j.eneco.2025.108537

Changfei Nie , Ling Xie , Yuan Feng

{"title":"The digital path to carbon neutrality: Examining the carbon abatement effect of digital place-based policy in China","authors":"Changfei Nie , Ling Xie , Yuan Feng","doi":"10.1016/j.eneco.2025.108537","DOIUrl":"10.1016/j.eneco.2025.108537","url":null,"abstract":"<div><div>Digital place-based policy takes data elements as the core and promotes the transformation of the regional economy from traditional mode to digitalization and intelligence through the construction of digital infrastructure, digital technology applications and digital industries. This paper takes China’s digital economy innovation and development pilot zone (DEIDPZ) policy, a typical digital place-based policy, as the research object, and utilizes the panel data of 281 cities in China from 2015 to 2021 to study the carbon abatement effect of the digital place-based policy by using a difference-in-differences (DID) model. We find that the DEIDPZ policy has a significant carbon abatement effect, resulting in a 2.69% reduction in per capita CO<sub>2</sub> emissions for the pilot cities. Mechanism analysis reveals that allocation, technical and agglomeration effects are the main mediators of the DEIDPZ policy in facilitating carbon abatement. It is also demonstrated that digital finance and public environmental attention play moderating roles in the process of the DEIDPZ policy reducing CO<sub>2</sub>. Heterogeneity analysis indicates that the carbon abatement effect of DEIDPZ policy is more significant in eastern cities, resource-based cities, cities with high administrative levels, and cities with high economic development levels, as well as in Zhejiang Province and Guangdong Province. Our findings offer new insights into the sustainability impact of digital transformation, as well as inspire policy-makers to use digital place-based policy to achieve carbon neutrality targets.</div></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"147 ","pages":"Article 108537"},"PeriodicalIF":13.6,"publicationDate":"2025-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144068997","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}

引用次数: 0

How does ICT agglomeration promote green technology innovation? Evidence from Yangtze River Delta in China 信息通信技术集聚如何促进绿色技术创新？来自中国长三角的证据

IF 13.6 2区经济学

Energy Economics Pub Date : 2025-05-14 DOI: 10.1016/j.eneco.2025.108584

Senmiao Yang , Wanxin Jiang , Jianda Wang

引用次数: 0

Analysing a frequency and quantile connectedness spillover dynamics nexus: Metals, grains, and energy markets under economic signals 频率和分位数连通性溢出动态关系分析：经济信号下的金属、谷物和能源市场

IF 13.6 2区经济学

Energy Economics Pub Date : 2025-05-14 DOI: 10.1016/j.eneco.2025.108580

Hemachandra Padhan , Mustafa Kocoglu

{"title":"Analysing a frequency and quantile connectedness spillover dynamics nexus: Metals, grains, and energy markets under economic signals","authors":"Hemachandra Padhan , Mustafa Kocoglu","doi":"10.1016/j.eneco.2025.108580","DOIUrl":"10.1016/j.eneco.2025.108580","url":null,"abstract":"<div><div>In this study, we examine the impact of global economic indicators on connectedness spillovers among energy, metal, and grain commodity markets. Global economic indicators directly create a transmission channel to commodity markets by reflecting financial and trade fluctuations worldwide. Especially in tail regions, basic commodities such as energy, metal, and grain are affected by economic uncertainties, oil supply-demand, and economic policy uncertainty shocks. In particular, Copper emerges as the main net transmitter of shocks in both short- and long-term periods, while oil and gas prices are net shock receivers in the median and extreme right tail regions. This finding strengthens the narrative of the demand-side mechanism of oil prices. On the other hand, Copper and Nickel are clear shock transmitters in tail regions. These results emphasize the interconnectedness of commodity markets and the importance of short-term dynamics in shaping market behavior during downturns and upturns in market conditions. However, economic policy uncertainty significantly attenuates spillover connectedness across energy, metal, and grain commodity markets during periods of heightened complexity. This indicates that EPU disrupts cross-market linkages, leading to desynchronization in price transmissions. Conversely, the Baltic Dry Index and oil prices amplify spillover effects, reinforcing market integration through global demand channels. This finding strikingly indicates that energy, metal, and grain market interconnectedness increases, driven by global aggregate demand. In this context, our study supports the demand-side transmission narrative and provides evidence that economic policy uncertainty does not create momentum among connectedness spillover among energy, metal, and grain commodity markets.</div></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"147 ","pages":"Article 108580"},"PeriodicalIF":13.6,"publicationDate":"2025-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144124008","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}

引用次数: 0

The impact of economic sanctions on traditional and renewable energy interests of target countries: Insights from a global outlook 2002–2022 经济制裁对目标国家传统能源和可再生能源利益的影响：2002-2022年全球展望的洞察

IF 13.6 2区经济学

Energy Economics Pub Date : 2025-05-14 DOI: 10.1016/j.eneco.2025.108590

Qiang Zhang , Debin Du , Yu Yang , Senlin Hu , Yuling Chen , Junfeng Ding , Qifan Xia

{"title":"The impact of economic sanctions on traditional and renewable energy interests of target countries: Insights from a global outlook 2002–2022","authors":"Qiang Zhang , Debin Du , Yu Yang , Senlin Hu , Yuling Chen , Junfeng Ding , Qifan Xia","doi":"10.1016/j.eneco.2025.108590","DOIUrl":"10.1016/j.eneco.2025.108590","url":null,"abstract":"<div><div>The conflict over energy resources between established and emerging powers has intensified during the third energy transition. As economic sanctions proliferate globally, they introduce external uncertainties that continue to reshape the global energy landscape. A notable example is the series of sanctions levied against Russia by the United States and the European Union during the Russo-Ukrainian War have generated significant challenges and risks, sparking extensive academic debate. This study analyzes the effect of these sanctions on the traditional and renewable energy interests of targeted nations using panel data from 2002 to 2022 across 66 countries. The findings indicate that economic sanctions adversely affect the energy interests of these countries, disproportionately impacting traditional energy sources more than renewable ones. Economic freedom, technological advancement, and governance capacity are crucial in offsetting the negative effects of economic sanctions on energy interests. In particular, economic freedom and governance capacity have a more significant impact on traditional energy, while technological advancement plays a more substantial role in mitigating effects on renewable energy. Over time, the negative impact of economic sanctions on the energy interests of targeted countries has increased. Specifically, developing nations under economic sanctions face significant challenges, whereas, paradoxically, developed nations may bolster their energy interests under similar conditions. This study aims to provide theoretical insights and strategies to protect the energy interests and promote energy equity among affected countries.</div></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"147 ","pages":"Article 108590"},"PeriodicalIF":13.6,"publicationDate":"2025-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144089462","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}

引用次数: 0

Time-saving appliances and educational pitfalls: Evidence from Pakistan 省时器具和教育陷阱：来自巴基斯坦的证据

IF 13.6 2区经济学

Energy Economics Pub Date : 2025-05-14 DOI: 10.1016/j.eneco.2025.108599

Fareena Noor Malhi , Hashibul Hassan , Qinghe Su

{"title":"Time-saving appliances and educational pitfalls: Evidence from Pakistan","authors":"Fareena Noor Malhi , Hashibul Hassan , Qinghe Su","doi":"10.1016/j.eneco.2025.108599","DOIUrl":"10.1016/j.eneco.2025.108599","url":null,"abstract":"<div><div>This study examines the impact of access to time-saving appliances (TSA) on children's educational outcomes in rural Pakistan, with a particular focus on school retention, which reflects students' ability to remain enrolled and progress through the education system. Using village-level ownership in households without school-aged children as an instrument, this study identifies a causal link between time-saving appliances (TSA) ownership –specifically refrigerators and washing machines – and improved school retention among children. Our findings indicate that owning TSAs reduces overall dropout rates by 17 percentage points and increases years of schooling by 1.62 years. These effects are significantly stronger for girls, whose dropout rates decline by 43 percentage points, while their years of schooling increase by 2.76 years. Furthermore, heterogeneity analysis reveals that the effects are strongest in households where parental educational aspirations exceed the median. These findings offer valuable insights for policymakers aiming to enhance educational retention and address gender disparities in Pakistan's education system.</div></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"147 ","pages":"Article 108599"},"PeriodicalIF":13.6,"publicationDate":"2025-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144106594","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}

引用次数: 0

The impact of rising electricity prices on demand for photovoltaic solar systems 电价上涨对光伏太阳能系统需求的影响

IF 13.6 2区经济学

Energy Economics Pub Date : 2025-05-13 DOI: 10.1016/j.eneco.2025.108583

Martin Thomas Falk , Eva Hagsten

{"title":"The impact of rising electricity prices on demand for photovoltaic solar systems","authors":"Martin Thomas Falk , Eva Hagsten","doi":"10.1016/j.eneco.2025.108583","DOIUrl":"10.1016/j.eneco.2025.108583","url":null,"abstract":"<div><div>Since 2012, there are four different electricity price zones in Sweden, although not until 2021 a clear deviating development can be identified. The aim of this study is to investigate the impact of the regional electricity price divergence starting in 2021 on the demand for solar photovoltaic installations in municipalities in the Southern and Central parts of Sweden. Methodologically, the analysis employs a panel Poisson estimator that accounts for the skewed distribution of the dependent variables including zero values. Data include all 290 municipalities from 2016 to 2023. Estimation results show that the increase in electricity prices in the South of Sweden leads to a surge in the number of solar photovoltaic (PV) installations of 25 % per year from 2021 onwards on average relative to the low-price zone in the North of Sweden and the base period 2016 to 2020. In the case of Central Sweden which is also in the high price zone, the estimates show an increase of 15 % per year on average. Thus, the findings suggest that households react to price incentives by trying to be independent of the electricity market and its fluctuating prices. Similar results are achieved when the installed capacity in megawatts is used as a dependent variable instead of the number of installations. Rising electricity prices explain less than half of the increase in demand for solar photovoltaics over time. A vast majority is related to the time effects.</div></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"147 ","pages":"Article 108583"},"PeriodicalIF":13.6,"publicationDate":"2025-05-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144106592","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}

引用次数: 0

Advancing renewable energy innovation through digital technology and supply chain digitization 通过数字技术和供应链数字化推进可再生能源创新

IF 13.6 2区经济学

Energy Economics Pub Date : 2025-05-13 DOI: 10.1016/j.eneco.2025.108557

Xuetao Li , Minqi Zhang , Xing Xin , Chengying Yang , Yonghong Zhang , Jianglai Dai

{"title":"Advancing renewable energy innovation through digital technology and supply chain digitization","authors":"Xuetao Li , Minqi Zhang , Xing Xin , Chengying Yang , Yonghong Zhang , Jianglai Dai","doi":"10.1016/j.eneco.2025.108557","DOIUrl":"10.1016/j.eneco.2025.108557","url":null,"abstract":"<div><div>Global supply chains have been significantly disrupted by factors such as climate change and digitization. This empirical analysis provides a nuanced perspective on the interplay between renewable energy innovation, digital technology, environmental sustainability, and economic factors. The study employed the Quantile Autoregressive Distributive Lag method that examines relationships across different quantiles of the dependent variable. Findings reveal that digital technology and foreign direct investment emerged as potential tools to improve Renewable Energy Innovation (REI). The study underscores the urgent need for hands-on measures to mitigate the negative effect of population growth on natural and environmental resources. It also highlights the complex relationship between environmental protection and development, stressing the need for holistic, environmentally conscious development strategies for a sustainable future. This research has also forecasted the REI with a chosen variable by using Adaboost and results show good accuracy. Moreover, it has been suggested that policymakers must focus on population management strategies, green innovation, and capacity building to improve renewable energy innovation and natural resource market efficiency also propel sustainable efforts.</div></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"147 ","pages":"Article 108557"},"PeriodicalIF":13.6,"publicationDate":"2025-05-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144089461","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}

引用次数: 0

Optimal energy-saving investments and Jevons Paradox in duopoly markets 双寡头市场中的最优节能投资与杰文斯悖论

IF 13.6 2区经济学

Energy Economics Pub Date : 2025-05-12 DOI: 10.1016/j.eneco.2025.108544

Kosuke Hirose , Toshihiro Matsumura

{"title":"Optimal energy-saving investments and Jevons Paradox in duopoly markets","authors":"Kosuke Hirose , Toshihiro Matsumura","doi":"10.1016/j.eneco.2025.108544","DOIUrl":"10.1016/j.eneco.2025.108544","url":null,"abstract":"<div><div>This study theoretically investigates energy-saving investment incentives in duopolies. First, we investigate a binary choice model in which each firm chooses whether to make an energy-saving investment and then they face Cournot competition. We focus on the incentive to become the leading firm by the investment, when the rival does not engage in this project. We find the private incentive to be insufficient for welfare (thereby requiring promotion through policies), if Pigouvian tax is imposed. However, this incentive can be excessive when the emission tax rate is lower than the Pigouvian level. Next, we investigate a model in which firms can choose energy-saving investment levels continuously. We find that the equilibrium investment can be (is not) excessive for welfare when the emission tax rate is lower than (equal to) the Pigouvian. These results suggest that policy formation combining a low emission tax and subsidies for promoting energy-saving investments may harm welfare. Moreover, we find that drastic innovation rather than minor improvement of energy efficiency should be subsidized because the former less likely leads to Jevons paradox.</div></div>","PeriodicalId":11665,"journal":{"name":"Energy Economics","volume":"147 ","pages":"Article 108544"},"PeriodicalIF":13.6,"publicationDate":"2025-05-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144067286","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}

引用次数: 0