The Interactive Relationship between the Changes in Investment Structure of Energy Industry, Low-carbon Energy Consumption Structure, and Total Factor Energy Efficiency
This article uses the angle cosine method to calculate the index of investment structure change in the energy industry and the low-carbon index of energy consumption structure and calculates the total factor energy efficiency based on the SBM model of unexpected output. Then, a panel vector autoregres-sive model is established to examine the short-term and long-term dynamic interaction effects of the three endogenous variables mentioned above. The results show that the self-effects of the three endogenous vari-ables all decline over time after reaching their peak in the current period, And the other two endogenous variables have a significant negative impact on the changes in the investment structure of the energy indus-try. However, the low-carbon energy consumption structure can help predict the changes in the investment structure of the energy industry, while the low-carbon energy consumption structure is positively driven by the total factor energy efficiency and jointly promotes the improvement of the total factor energy efficiency with the changes in the investment structure of the energy industry. Both have a certain predictive ability on the total factor energy efficiency. Therefore, it is necessary to pay attention to improving the efficiency of investment structure changes and total factor energy efficiency in the energy industry, to extend the low-carbon cycle of energy consumption structure and enhance the low-carbon intensity.
energy industry investmentlow-carbon energy consumption structuretotal factor energy efficiencyPVAR
万方数据
维普
