金融支持、技术进步与能源效率分析——来自中国的证据

IF 5.5 Q1 BUSINESS, FINANCE

Green Finance Pub Date : 2019-04-22 DOI:10.3934/GF.2019.2.174

Gaoke Liao, B. Drakeford

{"title":"金融支持、技术进步与能源效率分析——来自中国的证据","authors":"Gaoke Liao, B. Drakeford","doi":"10.3934/GF.2019.2.174","DOIUrl":null,"url":null,"abstract":"In order to explore the nonlinear relationship between financial support, technological progress and energy efficiency, a panel smooth transition regression (PSTR) is developed to analyze the impact of financial support and technological progress on the energy efficiency. Based on panel data of 30 provinces in China from 2003 to 2016, the total-factor energy efficiency of 30 province-level divisions in China are evaluated using Data Envelopment analysis (DEA). The results show that financial support and technological progress are generally conducive to increasing energy efficiency. However, the increment effect of financial support and technological progress on energy efficiency transitions smoothly between high and low regimes with the changes of the transition variables, such as local government expenditure; foreign direct investment, energy structure and industrial structure. Therefore, the results emphasize the need for enhancing financial support and technological progress in increasing energy efficiency.","PeriodicalId":41466,"journal":{"name":"Green Finance","volume":null,"pages":null},"PeriodicalIF":5.5000,"publicationDate":"2019-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"22","resultStr":"{\"title\":\"An analysis of financial support, technological progress and energy efficiency：evidence from China\",\"authors\":\"Gaoke Liao, B. Drakeford\",\"doi\":\"10.3934/GF.2019.2.174\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"In order to explore the nonlinear relationship between financial support, technological progress and energy efficiency, a panel smooth transition regression (PSTR) is developed to analyze the impact of financial support and technological progress on the energy efficiency. Based on panel data of 30 provinces in China from 2003 to 2016, the total-factor energy efficiency of 30 province-level divisions in China are evaluated using Data Envelopment analysis (DEA). The results show that financial support and technological progress are generally conducive to increasing energy efficiency. However, the increment effect of financial support and technological progress on energy efficiency transitions smoothly between high and low regimes with the changes of the transition variables, such as local government expenditure; foreign direct investment, energy structure and industrial structure. Therefore, the results emphasize the need for enhancing financial support and technological progress in increasing energy efficiency.\",\"PeriodicalId\":41466,\"journal\":{\"name\":\"Green Finance\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":5.5000,\"publicationDate\":\"2019-04-22\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"22\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Green Finance\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.3934/GF.2019.2.174\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"BUSINESS, FINANCE\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Green Finance","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3934/GF.2019.2.174","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}

引用次数: 22

摘要

为了探究金融支持、技术进步和能源效率之间的非线性关系，本文采用面板平滑过渡回归(PSTR)方法分析了金融支持和技术进步对能源效率的影响。基于2003 - 2016年中国30个省份的面板数据，采用数据包络分析(DEA)对中国30个省级区划的全要素能源效率进行了评价。结果表明，资金支持和技术进步总体上有利于提高能源效率。财政支持和技术进步对能源效率的增量效应随着地方政府支出等过渡变量的变化而平稳过渡;外商直接投资、能源结构和产业结构。因此，研究结果强调在提高能源效率方面需要加强财政支持和技术进步。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

An analysis of financial support, technological progress and energy efficiency：evidence from China

In order to explore the nonlinear relationship between financial support, technological progress and energy efficiency, a panel smooth transition regression (PSTR) is developed to analyze the impact of financial support and technological progress on the energy efficiency. Based on panel data of 30 provinces in China from 2003 to 2016, the total-factor energy efficiency of 30 province-level divisions in China are evaluated using Data Envelopment analysis (DEA). The results show that financial support and technological progress are generally conducive to increasing energy efficiency. However, the increment effect of financial support and technological progress on energy efficiency transitions smoothly between high and low regimes with the changes of the transition variables, such as local government expenditure; foreign direct investment, energy structure and industrial structure. Therefore, the results emphasize the need for enhancing financial support and technological progress in increasing energy efficiency.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Green Finance Multiple-

CiteScore

9.60

自引率

3.50%

发文量

审稿时长

6 weeks

期刊介绍： Green Finance is an international, interdisciplinary Open Access journal dedicated to green finance, environmental, and sustainability research and practice. It offers a platform for publishing original contributions and technical reviews on green finance and related topics, following a rigorous peer-review process. Accepted article types include original research, reviews, editorials, letters, and conference reports.