How to promote energy efficiency through technological progress in China?
Technological progress plays a key role in promoting energy efficiency. In order to find the suitable path of technological progress to improve energy efficiency, this study adopts the growth-accounting method to investigate the effects of two types of technological progress, namely, the Hicks-neutr...
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Published in | Energy (Oxford) Vol. 143; pp. 812 - 821 |
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Main Authors | , |
Format | Journal Article |
Language | English |
Published |
Oxford
Elsevier Ltd
15.01.2018
Elsevier BV |
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Abstract | Technological progress plays a key role in promoting energy efficiency. In order to find the suitable path of technological progress to improve energy efficiency, this study adopts the growth-accounting method to investigate the effects of two types of technological progress, namely, the Hicks-neutral and the capital-embodied technological progress on the changes in energy productivity. Furthermore, dynamic panel data models are applied to investigate the various effects of these two types of technological progress on energy productivities 30 Chinese provinces from 1997 to 2012. The main results are: (1) the Hicks-neutral technological progress directly contributes to energy productivity improvement, and its indirect contribution comes from the optimization of manufacturing structure induced by technological catch-up; (2) the capital-embodied technological progress has a direct contribution to energy productivity improvement, while the indirect contribution is seen through its interaction with the upgrading of the manufacturing structure; (3) the energy-saving performance from the capital-embodied technological progress is poor because of energy rebound effect. These findings suggest that the capital-embodied technological progress is effective for energy-saving in China; which can be made possible only by implementing energy price reforms.
•We improved the Malmquist productivity index.•Two types of technological progress have different effects on energy productivity.•Capital-embodied technical progress is the main contributor of energy-saving.•Energy prices reform is an essential supporting measure. |
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AbstractList | Technological progress plays a key role in promoting energy efficiency. In order to find the suitable path of technological progress to improve energy efficiency, this study adopts the growth-accounting method to investigate the effects of two types of technological progress, namely, the Hicks-neutral and the capital-embodied technological progress on the changes in energy productivity. Furthermore, dynamic panel data models are applied to investigate the various effects of these two types of technological progress on energy productivities 30 Chinese provinces from 1997 to 2012. The main results are: (1) the Hicks-neutral technological progress directly contributes to energy productivity improvement, and its indirect contribution comes from the optimization of manufacturing structure induced by technological catch-up; (2) the capital-embodied technological progress has a direct contribution to energy productivity improvement, while the indirect contribution is seen through its interaction with the upgrading of the manufacturing structure; (3) the energy-saving performance from the capital-embodied technological progress is poor because of energy rebound effect. These findings suggest that the capital-embodied technological progress is effective for energy-saving in China; which can be made possible only by implementing energy price reforms. Technological progress plays a key role in promoting energy efficiency. In order to find the suitable path of technological progress to improve energy efficiency, this study adopts the growth-accounting method to investigate the effects of two types of technological progress, namely, the Hicks-neutral and the capital-embodied technological progress on the changes in energy productivity. Furthermore, dynamic panel data models are applied to investigate the various effects of these two types of technological progress on energy productivities 30 Chinese provinces from 1997 to 2012. The main results are: (1) the Hicks-neutral technological progress directly contributes to energy productivity improvement, and its indirect contribution comes from the optimization of manufacturing structure induced by technological catch-up; (2) the capital-embodied technological progress has a direct contribution to energy productivity improvement, while the indirect contribution is seen through its interaction with the upgrading of the manufacturing structure; (3) the energy-saving performance from the capital-embodied technological progress is poor because of energy rebound effect. These findings suggest that the capital-embodied technological progress is effective for energy-saving in China; which can be made possible only by implementing energy price reforms. •We improved the Malmquist productivity index.•Two types of technological progress have different effects on energy productivity.•Capital-embodied technical progress is the main contributor of energy-saving.•Energy prices reform is an essential supporting measure. |
Author | Lin, Boqiang Li, Ke |
Author_xml | – sequence: 1 givenname: Ke surname: Li fullname: Li, Ke email: likekent1208@163.com organization: Key Laboratory of High Performance Computing and Stochastic Information Processing (HPCSIP), Ministry of Education of China, College of Mathematics & Computer Science, Hunan Normal University, Changsha, Hunan 410081, PR China – sequence: 2 givenname: Boqiang orcidid: 0000-0002-7821-686X surname: Lin fullname: Lin, Boqiang email: bqlin@xmu.edu.cn, bqlin2004@vip.sina.com organization: School of Management, China Institute for Studies in Energy Policy, Collaborative Innovation Center for Energy Economics and Energy Policy, Xiamen University, Xiamen, Fujian 361005, PR China |
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SubjectTerms | China Dynamic panel data model Energy conservation energy costs Energy efficiency Energy price Energy productivity manufacturing Power efficiency Productivity Structural transformation Studies Technological change Technological progress |
Title | How to promote energy efficiency through technological progress in China? |
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