1. Temporal and spatial patterns, efficiency losses and impact factors of energy mismatch in China under environmental constraints.
- Author
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Jiang, Tangyang, Cao, Chi, Lei, Leyuan, Hou, Jie, Yu, Yang, and Jahanger, Atif
- Subjects
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ENERGY consumption , *INDUSTRIAL productivity , *ENERGY shortages , *POWER resources , *ENVIRONMENTAL regulations , *SPATIOTEMPORAL processes , *PANEL analysis - Abstract
Given the evident spatial disparity in China's energy consumption and economic development, achieving Pareto optimization of regional energy allocation efficiency proves to be a formidable challenge. Based on this, this paper ingeniously proposed an extended "labor-capital-energy-environment" resource mismatch mode, using 2004–2018 provincial panel data to measure and analyze the spatiotemporal pattern of China's energy mismatch and efficiency loss, while further investigating influencing factor. The results show that: (1) Although the degree of resource misallocation has decreased, the reduction of the number of provinces with excessive energy allocation and the serious shortage of energy allocation are the only effects of the optimization of energy resource misallocation, which has not significantly improved the situation overall. (2) Energy resource misallocation has grown to be a significant factor in China's losses in green total factor productivity (GTFP) brought on by resource misallocation. In addition, the extent of energy mismatch's loss in GTFP demonstrates the spatial heterogeneity of the "eastern > central > northeast > west" region. (3) Environmental regulation can significantly reduce energy mismatch and it is more successful at addressing the issue of excess energy than inadequate energy allocation. Also, the "rebound effect" of technological progress is the main factor aggravating the shortage of energy allocation. • We innovatively proposed an expanded "labor-capital-energy-environment" HK model to construct a theoretical framework for the impact of factor price distortions on GTFP. • The optimization of energy resource misallocation is only reflected in the serious shortage of energy allocation and the reduction of the number of provinces with excessive energy allocation. • The degree of GTFP loss of energy mismatch shows the regional heterogeneity of "eastern > central > northeast > west" spatially. • Environmental regulation can significantly improve the problems of energy mismatch and surplus. [ABSTRACT FROM AUTHOR]
- Published
- 2023
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