Do Factor Market Distortions and Carbon Dioxide Emissions Distort Energy Industry Chain Technical Efficiency? A Heterogeneous Stochastic Frontier Analysis

• Published in: Energies (Basel) Vol. 15; no. 17; p. 6154
• Main Authors: Lu, Hengfan, Peng, Jiachao, Lu, Xiangyi
• Format: Journal Article
• Language: English
• Published: Basel MDPI AG 01.09.2022
• Subjects: Carbon dioxide; carbon dioxide emission; counterfactual method; Econometric models; Economic aspects; Economic development; Economic growth; Emissions; Emissions (Pollution); Energy consumption; Energy efficiency; Energy industry; energy industry chain; Energy resources; Environmental aspects; Environmental protection; Environmental regulations; factor market distortion; Industrialized nations; R&D; Research & development; Social change; stochastic frontier analysis of heterogeneity; technological effect; China

China’s high-quality economic development is hampered by market distortions, and promises to achieve peak carbon emissions by 2030, meaning that its economic growth faces serious environmental constraints. We use a heterogeneous stochastic frontier model to analyze the impact of factor market distor...