scholarly journals Research on Regional Differences and Influencing Factors of Energy Utilization Efficiency in China

2021 ◽  
Vol 2 (3) ◽  
pp. 65-69
Author(s):  
Yunpeng Wang
Keyword(s):  
Economic Growth ◽  
Energy Efficiency ◽  
Influencing Factors ◽  
Energy Use ◽  
Negative Impact ◽  
Positive Impact ◽  
Energy Utilization ◽  
Western Region ◽  
Eastern Region ◽  
The Western Region

Energy, as one of the important input factors in modern economic growth, plays a decisive role in the economic growth of all countries in the world. Use Moran I index and fixed effect model to measure the degree of spatial correlation and spatial difference between regions and analyze the influencing factors of energy efficiency, The results show that the energy efficiency of various provinces is spatially related, and the spatial distribution tends to be spatially concentrated; the per capita GDP has a significantly greater impact on the energy efficiency of the eastern region than it has on the western region; foreign direct investment (FDL) has an impact on the energy use of the eastern region There is a negative impact on efficiency and a positive impact on the efficiency of energy utilization in the western region; the number of patent grants has a significantly greater effect on the improvement of energy efficiency in the western region than in the eastern region; the increase in the proportion of the secondary industry has a positive impact on the energy use efficiency in the eastern region There is a positive impact and a negative impact on the energy efficiency of the western region.

scholarly journals Study on the Impact of Industrial Informatization on Economic Growth

2021 ◽  
Vol 251 ◽  
pp. 01113
Author(s):  
Jingying Zhu
Keyword(s):  
Economic Growth ◽  
Regression Model ◽  
Central Region ◽  
Positive Impact ◽  
Western Region ◽  
Eastern Region ◽  
Regional Heterogeneity ◽  
East Central ◽  
The Western Region ◽  
The Impact

Based on the basic regression model, this paper analyzes the impact of industrial informatization on China’s economic growth. The research shows that industrial informatization has a significant positive impact on China’s economic growth. Then, considering the significant differences in the development of industrial informatization in different regions of China, the paper further explores the regional heterogeneity of industrial informatization on economic growth. The results show that there are significant differences in the impact of industrial informatization on economic growth in the three major regions of East, Central and West. That is, industrial informatization has the strongest effect on promoting economic growth in the eastern region, followed by the central region, and industrial informatization has the weakest effect on promoting economic growth in the western region.

scholarly journals An Integrated Measurement of the Efficiency of China’s Industrial Circular Economy and Associated Influencing Factors

Mathematics ◽  
2020 ◽  
Vol 8 (9) ◽  
pp. 1610
Author(s):  
Chenyu Lu ◽  
Yang Zhang ◽  
Hengji Li ◽  
Zilong Zhang ◽  
Wei Cheng ◽  
...  
Keyword(s):  
Spatial Analysis ◽  
Influencing Factors ◽  
Circular Economy ◽  
Negative Impact ◽  
Positive Impact ◽  
Eastern Region ◽  
Industrial Transformation ◽  
Starting Point ◽  
Autonomous Regions ◽  
The Impact

Since the 1990s, the notion of a circular economy has been developing globally; countries all over the world have been considering the development of a circular economy as an important means of achieving sustainable development. As the development of an industrial circular economy can help promote the efficient recycling of resources, it is an important starting point for industrial transformation and upgrading, and represents a key factor that will lead to the development of a circular economy in China. China’s varying provinces (municipalities and autonomous regions) have successively implemented circular economy practices in the industrial field. The research object of the present study is 30 provinces, autonomous regions, and municipalities directly under the control of central government (Hong Kong, Macao, Taiwan, and Tibet were not included owing to lack of data). Through the integration of geographic information systems (GIS) technology and the spatial analysis model, data envelopment analysis (DEA) model, and Tobit regression model, a measure model and index system are constructed, in order to carry out a multi-angle comprehensive study integrating the efficiency evaluation, spatial analysis, and influencing factors analysis of China’s industrial circular economy. It is an important innovation, and an important contribution to the existing research system. The conclusions are as follows: (1) In general, the overall level of China’s industrial circular economy’s efficiency was not high, and there was still a lot of room for improvement. The integrated efficiency of the industrial circular economy in the eastern region was relatively high, followed by that in the western region, and the lowest level in the middle region. (2) The efficiency of China’s industrial circular economy displayed obvious spatial aggregation characteristics at the provincial level, including clear spatial dependence and spatial heterogeneity. High-value aggregation areas were mainly distributed in the eastern coastal areas, and low-value aggregation areas were concentrated and contiguously distributed in the middle and western inland areas. (3) The four elements of economic level, openness to the outside, government regulation, and industrialization aggregation each impose a significant positive impact on the efficiency of China’s industrial circular economy, which can promote its efficiency. The level of industrialization exerts a significant negative impact on the efficiency of the industrial circular economy, which hampers its improvement. The impact of technological innovation on the efficiency of the industrial circular economy is not statistically significant.

scholarly journals Energy Utilization Efficiency of China Considering Carbon Emissions—Based on Provincial Panel Data

2021 ◽  
Vol 13 (2) ◽  
pp. 877
Author(s):  
Ge Huang ◽  
Wei Pan ◽  
Cheng Hu ◽  
Wu-Lin Pan ◽  
Wan-Qiang Dai
Keyword(s):  
Energy Efficiency ◽  
Energy Consumption ◽  
Panel Data ◽  
Industrial Structure ◽  
Negative Impact ◽  
Positive Impact ◽  
Fixed Effect Model ◽  
Energy Utilization ◽  
Utilization Efficiency ◽  
Effect Model

With the development of the economy, environmental pollution caused by energy consumption has become increasingly prominent. Improving the efficiency of energy utilization is an important way to solve this problem. Firstly, we used a data envelopment analysis (DEA) model to calculate the energy utilization efficiency of China’s provinces and regions from the perspective of environmental constraints, including four inputs—labor force, capital stock, energy consumption and carbon emission—and one output, GDP. Secondly, an entity fixed effect model of panel data was built to investigate the influence of openness, urbanization, marketization and industrial structure on energy utilization efficiency in the process of economic structure change. The results indicate that China’s energy efficiency shows a trend of first stabilizing and then declining from 2007 to 2017. Meanwhile, the comprehensive energy efficiency of all provinces and regions is not very ideal. Only Beijing, Shanghai and Guangdong constitute the forefront of China’s energy efficiency. The lack of pure technical efficiency in most provinces is the main reason for the low comprehensive efficiency, but there are also obvious differences among provinces and regions. In addition, urbanization, openness and industrial structure have a negative impact on energy efficiency, while marketization has a significant positive impact on energy efficiency. Finally, based on the regional differences, some suggestions were put forward to improve China’s energy utilization efficiency.

scholarly journals Foreign Trade Structure, Opening Degree and Economic Growth in Western China

Economies ◽  
2019 ◽  
Vol 7 (2) ◽  
pp. 56 ◽  
Author(s):  
Li ◽  
Sun ◽  
Luo ◽  
Kang ◽  
Jia
Keyword(s):  
Economic Growth ◽  
Foreign Trade ◽  
Positive Impact ◽  
Inhibitory Effect ◽  
Western China ◽  
Local Characteristic ◽  
Western Region ◽  
Trade Structure ◽  
The Western Region ◽  
The Relationship

This paper presents an interactive study on the relationship between the foreign trade structure, opening degree and economic growth of the provinces in western China (except Tibet). It shows that the export of primary products and labor-intensive products has a positive impact on the external development of the western region, while the export of capital and technology-intensive products has a smaller inhibitory effect on it. At the same time, the system GMM model shows that the opening degree of the western region has a positive effect on economic growth. After including the foreign trade structure interaction item, this result has not changed, and on the basis of opening up to the outside world, the export of labor-intensive products and capital-intensive products plays a significant role in promoting economic development. Therefore, this paper holds that the western region should optimize its foreign trade structure, continue to promote the construction of foreign trade demonstration, and give priority to the development of local characteristic industries to promote economic growth.

scholarly journals Degree of financialization and energy efficiency in Sub-Saharan Africa: do institutions matter?

2020 ◽  
Vol 6 (1) ◽  
Author(s):  
Philip Kofi Adom ◽  
Franklin Amuakwa-Mensah ◽  
Salome Amuakwa-Mensah
Keyword(s):  
Economic Growth ◽  
Energy Efficiency ◽  
Banking Sector ◽  
Developing Economies ◽  
Generalized Method Of Moments ◽  
Energy Utilization ◽  
Sub Saharan Africa ◽  
Political Regimes ◽  
Growth Strategies ◽  
Bank Profitability

Abstract The United Nations Sustainable Development Goal 7 emphasizes the need for economies around the world to double their efforts in energy efficiency improvements. This is because improvements in energy efficiency can trigger economic growth and considered as one of the ‘green’ growth strategies due to its carbon free content. To this end, some empirical studies have investigated the nexus between economic growth and energy efficiency, but the effects of the latter on financial indicators have not been sufficiently studied in the literature, at least in developing economies like Africa. This study examines the effect of energy efficiency improvements on commercial bank profitability under different political regimes (i.e., autocratic and democratic political regimes); something previous literature had neglected. The study uses panel data, consisting of 43 African countries and the simultaneous System Generalized Method of Moments. We found that energy efficiency improvement is more likely to induce higher bank profitability in political institutions with the characteristics of centralization of power compared with those with decentralization of power. Furthermore, for the banking sector, the findings suggest that energy utilization behavior of clients should be included in the loan or credit valuation process. For the government, the agenda of energy efficiency should be aggressively pursued while taking cognizance of creating a political environment that weans itself from a ‘grandfathering’ behavior.

scholarly journals Role of Governance in Debt-Growth Relationship: Evidence from Panel Data Estimations

2021 ◽  
Vol 13 (11) ◽  
pp. 5954
Author(s):  
Qamar Abbas ◽  
Li Junqing ◽  
Muhammad Ramzan ◽  
Sumbal Fatima
Keyword(s):  
Economic Growth ◽  
Public Debt ◽  
Negative Impact ◽  
Positive Impact ◽  
Linear Pattern ◽  
The Public ◽  
Mediating Role ◽  
National Output ◽  
State Governance

This paper provides an empirical analysis of the relationship between debt and national output mediated by a measure of the quality of state governance. Using WGIs dataset of 106 countries for the period 1996–2015, the paper analyzes the mediated effect of governance on debt-growth relationship. For this purpose, we use the fixed effect (LSDV) and system GMM estimation technique in order to overcome the possible problem of endogeneity. Results show the non-linear pattern between public debt and economic growth via governance. Although, public debt has negative impact on economic growth, but the results are statistically positive and significant when public debt is interacted with governance, which confirms that governance is a channel by which public debt influences economic growth. Moreover, we calculate the threshold of governance which shows that the public debt has positive impact on economic growth when the governance level is higher than the threshold and adversely affects the economic growth in the case of low level of governance than threshold. Evidence from this study reveals the fact that governance plays a mediating role in debt-growth relationship as there is a pattern of complementarity between public debt and governance: the higher the level of governance, the lesser the adverse effect of public debt on economic growth.

The nexus between financial development and energy consumption: Estimating the role of foreign direct investment, economic growth and urbanization

2021 ◽  
pp. 0958305X2110453
Author(s):  
Jaleel Ahmed ◽  
Shuja ur Rehman ◽  
Zaid Zuhaira ◽  
Shoaib Nisar
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Energy Consumption ◽  
Financial Development ◽  
Latin American ◽  
Direct Investment ◽  
Negative Impact ◽  
Positive Impact ◽  
Supply And Demand ◽  
The Impact

This study examines the impact of financial development on energy consumption for a wide array of countries. The estimators used for financial development are foreign direct investment, economic growth and urbanization. The study employed a panel data regression on 136 countries with time frame of years 1990 to 2019. The model in this study deploys system GMM technique to estimate the model. The results show that financial development has a significant negative impact on energy consumption overall. Foreign direct investment and urbanization has significant impact on energy consumption. Also, economic growth positive impact on energy consumption its mean that economic growth promotes energy consumption. When dividing further the sample into different groups of regions such as Asian, European, African, North/Latin American and Caribbean countries then mixed results related to the nexus between financial development and energy consumption with respect to economic growth, urbanization and foreign direct investment. The policymakers in these different groups of countries must balance the relationship between energy supply and demand to achieving the sustainable economic development.

Relationship between Budget Deficit and Economic Growth: Evidence from Ethiopia

2021 ◽  
Vol 2 (2) ◽  
pp. 10-15
Author(s):  
Desalegn Emana
Keyword(s):  
Economic Growth ◽  
Interest Rates ◽  
Budget Deficit ◽  
Time Series Data ◽  
Negative Impact ◽  
Positive Impact ◽  
Negative Relationship ◽  
Nominal Exchange Rate ◽  
Series Data ◽  
Long Run

This study examined the relationship between budget deficit and economic growth in Ethiopia using time series data for the period 1991 to 2019 by applying the ARDL bounds testing approach. The empirical results indicate that budget deficit and economic growth in Ethiopia have a negative relationship in the long run, and have a weak positive association in the short run. In line with this, in the long run, a one percent increase in the budget deficit causes a 1.43 percent decline in the economic growth of the country. This result is consistent with the neoclassical view which says budget deficits are bad for economic growth during stimulating periods. Moreover, in the long run, the variables trade openness and inflation have a positive impact on Ethiopian economic growth, and on the other hand, the economic growth of Ethiopia is negatively affected by the nominal exchange rate in the long run. Apart from this, in the long run, gross capital formation and lending interest rates have no significant impact on the economic growth of the country. Therefore, the study recommends the government should manage its expenditure and mobilize the resources to generate more revenue to address the negative impact of the budget deficit on economic growth.

scholarly journals INVESTASI ASING LANGSUNG DAN PERTUMBUHAN EKONOMI DI WILAYAH ASEAN PERIODE 2004-2016

2019 ◽  
Vol 23 (2) ◽  
pp. 57-66
Author(s):  
Aditya Febriananta Putra ◽  
Suyanto . ◽  
Irzameingindra Putri Radjamin
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Foreign Direct Investment ◽  
Significant Role ◽  
Direct Investment ◽  
Negative Impact ◽  
Positive Impact ◽  
Accelerate Development ◽  
Fixed Capital Formation

Exertions to accelerate development carried out by developing countries in general are oriented towards improving or improving people’s lives. Developing countries are characterized as countries that lack capital, savings and investment. The role of Labor has a significant effect but has a negative impact on economic growth. Agriculture and Service also performance a significant role, despite having a positive impact on economic growth. While other variables, namely Fixed Capital Formation, Foreign Direct Investment, Export, Manufacture, and Fertility showed insignificant results on economic growth.

scholarly journals How do Poverty and Income Inequality affect Economic Growth in Developing Countries?

2021 ◽  
Vol 4 (2) ◽  
pp. 547-558
Author(s):  
Hamza Saleem ◽  
Fatima Farooq ◽  
Muhammad Aurmaghan
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Panel Data ◽  
Income Inequality ◽  
Negative Impact ◽  
Positive Impact ◽  
Development Indicators ◽  
The Relationship ◽  
Positive Effect ◽  
World Development

The major objective of this research is to examine the relationship between poverty, income inequality and economic growth from some selected developing countries. This study uses panel data for the period of 2002-2015. All the data is taken from world development indicators (WDI). To find out the results, we have used Hausman test an econometrics technique for panel data in this research. The results of the study indicate that poverty and income inequality have a negative impact on economic growth on the other hand Gross capital formation, labor force, total population and government consumption and expenditure have a positive impact on economic growth. The result tells us that changes in these variables have a significant and positive effect on the dependent variable. To achieve the goal of economic growth developing countries should reduce poverty and take meaningful steps to overcome the problem of inequality in the society which can be very helpful in achieving the goal of economic growth.

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