Exploring the nexus between fiscal decentralization and energy poverty for China: Does country risk matter for energy poverty reduction?

Detalhes bibliográficos
Autor(a) principal: Xia, Wanjun
Data de Publicação: 2022
Outros Autores: Murshed, Muntasir, Khan, Zeeshan, Chen, Zhenling, Ferraz, Diogo [UNESP]
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Institucional da UNESP
Texto Completo: http://dx.doi.org/10.1016/j.energy.2022.124541
http://hdl.handle.net/11449/241273
Resumo: Interpreting energy poverty in respect of lack of accessibility, availability, and affordability of energy resources, this study aims to explore the macroeconomic determinants of multidimensional energy poverty in China over the 2005Q1-2019Q4 period. Three weighted and one unweighted energy poverty indices are constructed to measure the incidence of energy poverty in China using relevant energy-related indicators that capture the accessibility, availability, and affordability dimensions of energy poverty. The overall results indicate that a 1% rise in the degrees of fiscal decentralization and country risks aggravates the energy poverty situation in the long run by reducing the energy poverty indices at most by 0.05% and 0.03%, respectively. In contrast, positive shocks to the levels of economic growth, renewable energy share, and technological innovation by 1% are evidenced to be associated with declines in the energy poverty indices in the long run at most by 0.43%, 0.18%, and 0.06%, respectively. Besides, the marginal impacts of these variables are seen to be comparatively larger for the composite energy poverty indices that emphasize more on the accessibility dimension of energy poverty in China. Based on these findings, greening the fiscal decentralization policies, lowering country risks, promoting economic growth, stimulating higher renewable energy use, and financing technological innovation are recommended for mitigating the incidence of energy poverty in China. These policies are also expected to assist China in partially achieving the Sustainable Development Goals agenda of the United Nations and enable the nation to attain its 2060 carbon neutrality target.
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spelling Exploring the nexus between fiscal decentralization and energy poverty for China: Does country risk matter for energy poverty reduction?Country riskEnergy povertyFiscal decentralizationRenewable energySustainable development goalsTechnological innovationInterpreting energy poverty in respect of lack of accessibility, availability, and affordability of energy resources, this study aims to explore the macroeconomic determinants of multidimensional energy poverty in China over the 2005Q1-2019Q4 period. Three weighted and one unweighted energy poverty indices are constructed to measure the incidence of energy poverty in China using relevant energy-related indicators that capture the accessibility, availability, and affordability dimensions of energy poverty. The overall results indicate that a 1% rise in the degrees of fiscal decentralization and country risks aggravates the energy poverty situation in the long run by reducing the energy poverty indices at most by 0.05% and 0.03%, respectively. In contrast, positive shocks to the levels of economic growth, renewable energy share, and technological innovation by 1% are evidenced to be associated with declines in the energy poverty indices in the long run at most by 0.43%, 0.18%, and 0.06%, respectively. Besides, the marginal impacts of these variables are seen to be comparatively larger for the composite energy poverty indices that emphasize more on the accessibility dimension of energy poverty in China. Based on these findings, greening the fiscal decentralization policies, lowering country risks, promoting economic growth, stimulating higher renewable energy use, and financing technological innovation are recommended for mitigating the incidence of energy poverty in China. These policies are also expected to assist China in partially achieving the Sustainable Development Goals agenda of the United Nations and enable the nation to attain its 2060 carbon neutrality target.School of Statistics and Applied Mathematics Anhui University of Finance and EconomicsSchool of Business and Economics North South UniversityDepartment of Journalism Media and Communications Daffodil International UniversityFaculty of Business Curtin University MalaysiaSchool of Economics Beijing Technology and Business UniversityInstitute for Carbon Peak and Neutrality Beijng Wuzi UniversityDepartment of Economics Federal University of Ouro Preto (DEECO-UFOP), Rua do Catete 166 – CentroInnovation Economics Institute of Economics University of HohenheimDepartment of Production Engineering School of Engineering of Bauru Campus Bauru São Paulo State University (UNESP)Department of Production Engineering School of Engineering of Bauru Campus Bauru São Paulo State University (UNESP)Anhui University of Finance and EconomicsNorth South UniversityDaffodil International UniversityCurtin University MalaysiaBeijing Technology and Business UniversityBeijng Wuzi UniversityFederal University of Ouro Preto (DEECO-UFOP)University of HohenheimUniversidade Estadual Paulista (UNESP)Xia, WanjunMurshed, MuntasirKhan, ZeeshanChen, ZhenlingFerraz, Diogo [UNESP]2023-03-01T20:54:33Z2023-03-01T20:54:33Z2022-09-15info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlehttp://dx.doi.org/10.1016/j.energy.2022.124541Energy, v. 255.0360-5442http://hdl.handle.net/11449/24127310.1016/j.energy.2022.1245412-s2.0-85133423668Scopusreponame:Repositório Institucional da UNESPinstname:Universidade Estadual Paulista (UNESP)instacron:UNESPengEnergyinfo:eu-repo/semantics/openAccess2024-06-28T13:18:21Zoai:repositorio.unesp.br:11449/241273Repositório InstitucionalPUBhttp://repositorio.unesp.br/oai/requestopendoar:29462024-08-05T20:36:16.062446Repositório Institucional da UNESP - Universidade Estadual Paulista (UNESP)false
dc.title.none.fl_str_mv Exploring the nexus between fiscal decentralization and energy poverty for China: Does country risk matter for energy poverty reduction?
title Exploring the nexus between fiscal decentralization and energy poverty for China: Does country risk matter for energy poverty reduction?
spellingShingle Exploring the nexus between fiscal decentralization and energy poverty for China: Does country risk matter for energy poverty reduction?
Xia, Wanjun
Country risk
Energy poverty
Fiscal decentralization
Renewable energy
Sustainable development goals
Technological innovation
title_short Exploring the nexus between fiscal decentralization and energy poverty for China: Does country risk matter for energy poverty reduction?
title_full Exploring the nexus between fiscal decentralization and energy poverty for China: Does country risk matter for energy poverty reduction?
title_fullStr Exploring the nexus between fiscal decentralization and energy poverty for China: Does country risk matter for energy poverty reduction?
title_full_unstemmed Exploring the nexus between fiscal decentralization and energy poverty for China: Does country risk matter for energy poverty reduction?
title_sort Exploring the nexus between fiscal decentralization and energy poverty for China: Does country risk matter for energy poverty reduction?
author Xia, Wanjun
author_facet Xia, Wanjun
Murshed, Muntasir
Khan, Zeeshan
Chen, Zhenling
Ferraz, Diogo [UNESP]
author_role author
author2 Murshed, Muntasir
Khan, Zeeshan
Chen, Zhenling
Ferraz, Diogo [UNESP]
author2_role author
author
author
author
dc.contributor.none.fl_str_mv Anhui University of Finance and Economics
North South University
Daffodil International University
Curtin University Malaysia
Beijing Technology and Business University
Beijng Wuzi University
Federal University of Ouro Preto (DEECO-UFOP)
University of Hohenheim
Universidade Estadual Paulista (UNESP)
dc.contributor.author.fl_str_mv Xia, Wanjun
Murshed, Muntasir
Khan, Zeeshan
Chen, Zhenling
Ferraz, Diogo [UNESP]
dc.subject.por.fl_str_mv Country risk
Energy poverty
Fiscal decentralization
Renewable energy
Sustainable development goals
Technological innovation
topic Country risk
Energy poverty
Fiscal decentralization
Renewable energy
Sustainable development goals
Technological innovation
description Interpreting energy poverty in respect of lack of accessibility, availability, and affordability of energy resources, this study aims to explore the macroeconomic determinants of multidimensional energy poverty in China over the 2005Q1-2019Q4 period. Three weighted and one unweighted energy poverty indices are constructed to measure the incidence of energy poverty in China using relevant energy-related indicators that capture the accessibility, availability, and affordability dimensions of energy poverty. The overall results indicate that a 1% rise in the degrees of fiscal decentralization and country risks aggravates the energy poverty situation in the long run by reducing the energy poverty indices at most by 0.05% and 0.03%, respectively. In contrast, positive shocks to the levels of economic growth, renewable energy share, and technological innovation by 1% are evidenced to be associated with declines in the energy poverty indices in the long run at most by 0.43%, 0.18%, and 0.06%, respectively. Besides, the marginal impacts of these variables are seen to be comparatively larger for the composite energy poverty indices that emphasize more on the accessibility dimension of energy poverty in China. Based on these findings, greening the fiscal decentralization policies, lowering country risks, promoting economic growth, stimulating higher renewable energy use, and financing technological innovation are recommended for mitigating the incidence of energy poverty in China. These policies are also expected to assist China in partially achieving the Sustainable Development Goals agenda of the United Nations and enable the nation to attain its 2060 carbon neutrality target.
publishDate 2022
dc.date.none.fl_str_mv 2022-09-15
2023-03-01T20:54:33Z
2023-03-01T20:54:33Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://dx.doi.org/10.1016/j.energy.2022.124541
Energy, v. 255.
0360-5442
http://hdl.handle.net/11449/241273
10.1016/j.energy.2022.124541
2-s2.0-85133423668
url http://dx.doi.org/10.1016/j.energy.2022.124541
http://hdl.handle.net/11449/241273
identifier_str_mv Energy, v. 255.
0360-5442
10.1016/j.energy.2022.124541
2-s2.0-85133423668
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Energy
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.source.none.fl_str_mv Scopus
reponame:Repositório Institucional da UNESP
instname:Universidade Estadual Paulista (UNESP)
instacron:UNESP
instname_str Universidade Estadual Paulista (UNESP)
instacron_str UNESP
institution UNESP
reponame_str Repositório Institucional da UNESP
collection Repositório Institucional da UNESP
repository.name.fl_str_mv Repositório Institucional da UNESP - Universidade Estadual Paulista (UNESP)
repository.mail.fl_str_mv
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