首页|Role of renewable,non-renewable energy consumption and carbon emission in energy efficiency and productivity change:Evidence from G20 economies

Role of renewable,non-renewable energy consumption and carbon emission in energy efficiency and productivity change:Evidence from G20 economies

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The challenge of achieving sustainable economic development with a secure environmental system is a global challenge faced by both developed and developing countries.Energy Efficiency(EE)is crucial in achieving sustainable economic growth while reducing ecological impacts.This research utilizes the Slack-Based Measure Data Envelopment Analysis(SBM-DEA)and the Malmquist-Luenberger Index(MLI)method to evaluate EE and productivity changes from 1995 to 2020 across G20 countries.The study uses four different input-output bundles to gauge the impact of renewable and non-renewable energy consumption and carbon emissions on EE and productivity changes.The study results show that includ-ing renewable energy consumption improves the average EE from 0.783 to 0.8578,but energy productiv-ity declines from 1.0064 to 0.9988.Incorporating bad output(carbon emissions)in the estimation process enhances renewable EE and productivity change,resulting in an average EE of 0.6678 and MLI of 1.0044.Technological change is identified as the primary determinant of energy productivity growth in scenarios 1 and 2,while technical efficiency determines energy productivity change in scenarios 3 and 4.The Kruskal-Wallis test reveals a significant statistical difference between the mean EE and MLI scores of G20 countries.

Renewable energyDEAEnergy EfficiencyProductivity changeCarbon emissions

Wasi Ul Hassan Shah、Gang Hao、Hong Yan、Nan Zhu、Rizwana Yasmeen、Gheorghita Dincǎ

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School of Management,Zhejiang Shuren University,Hangzhou 310015,China

Department of Management Sciences,City University of Hong Kong,Hong Kong,China

The Western Business School,Southwestern University of Finance and Economics,Chengdu,China

School of Economics and Management,Panzhihua University,Panzhihua 617000,Sichuan,China

Department of Finance and Accounting,Transilvania University of Brasov,Brasov,Romania

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2024

10.1016/j.gsf.2023.101631

地学前缘(英文版)
中国地质大学（北京） 北京大学

地学前缘(英文版)

CSTPCD
影响因子：0.576
ISSN：1674-9871
年,卷(期)：2024.15(4)
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