Exploring the nexus between fiscal decentralization and energy poverty for China: Does country risk matter for energy poverty reduction?
Autor(a) principal: | |
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Data de Publicação: | 2022 |
Outros Autores: | , , , |
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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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 |
|
_version_ |
1808129225233793024 |