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Does energy efficiency affect ambient PM2.5? The moderating role of energy investment

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  • Cunyi Yang
  • Tinghui Li
  • Khaldoon Albitar

Abstract

The difficulty of balance between environment and energy consumption makes countries and enterprises face a dilemma, and improving energy efficiency has become one of the ways to solve this dilemma. Based on data of 158 countries from 1980 to 2018, the dynamic TFP of different countries is calculated by means of the Super-SBM-GML model. The TFP is decomposed into indexes of EC (Technical Efficiency Change), TC (Technological Change) and EC has been extended to PEC (Pure Efficiency Change) and SEC (Scale Efficiency Change). Then the fixed effect model and fixed effect panel quantile model are used to analyze the moderating effect and exogenous effect of energy efficiency on PM2.5 concentration on the basis of verifying that energy efficiency can reduce PM2.5 concentration. We conclude, first, the global energy efficiency has been continuously improved during the sample period, and both of technological progress and technical efficiency have been improved. Second, the impact of energy efficiency on PM2.5 is heterogeneous which is reflected in the various elements of energy efficiency decomposition. The increase of energy efficiency can inhibit PM2.5 concentration and the inhibition effect mainly comes from TC and PEC but SEC promotes PM2.5 emission. Third, energy investment plays a moderating role in the environmental protection effect of energy efficiency. Fourth, the impact of energy efficiency on PM2.5 concentration is heterogeneous in terms of national attribute, which is embodied in the differences of national development, science & technology development level, new energy utilization ratio and the role of international energy trade.

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  • Cunyi Yang & Tinghui Li & Khaldoon Albitar, 2021. "Does energy efficiency affect ambient PM2.5? The moderating role of energy investment," Papers 2105.11080, arXiv.org.
    • Handle: RePEc:arx:papers:2105.11080
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    Cited by:

    1. Tinghui Li & Jiehua Ma & Bin Mo, 2021. "Does Environmental Policy Affect Green Total Factor Productivity? Quasi-Natural Experiment Based on China’s Air Pollution Control and Prevention Action Plan," IJERPH, MDPI, vol. 18(15), pages 1-23, August.
    2. Chenyang Liu & Lihang Cui & Cuixia Li, 2022. "Impact of Environmental Regulation on the Green Total Factor Productivity of Dairy Farming: Evidence from China," Sustainability, MDPI, vol. 14(12), pages 1-17, June.
    3. Sa Xu & Cunyi Yang & Zhehao Huang & Pierre Failler, 2022. "Interaction between Digital Economy and Environmental Pollution: New Evidence from a Spatial Perspective," IJERPH, MDPI, vol. 19(9), pages 1-23, April.
    4. Shan Huang & Yan Ding & Pierre Failler, 2022. "Does the Government’s Environmental Attention Affect Ambient Pollution? Empirical Research on Chinese Cities," Sustainability, MDPI, vol. 14(6), pages 1-19, March.
    5. Yugang He & Ziqian Zhang, 2022. "Energy and Economic Effects of the COVID-19 Pandemic: Evidence from OECD Countries," Sustainability, MDPI, vol. 14(19), pages 1-13, September.
    6. Haihua Liu & Peng Wang & Zejun Li, 2021. "Is There Any Difference in the Impact of Digital Transformation on the Quantity and Efficiency of Enterprise Technological Innovation? Taking China’s Agricultural Listed Companies as an Example," Sustainability, MDPI, vol. 13(23), pages 1-19, November.
    7. Shuai Wang & Cunyi Yang & Zhenghui Li, 2021. "Spatio-Temporal Evolution Characteristics and Spatial Interaction Spillover Effects of New-Urbanization and Green Land Utilization Efficiency," Land, MDPI, vol. 10(10), pages 1-26, October.
    8. Shuai Wang & Cunyi Yang & Zhenghui Li, 2022. "Green Total Factor Productivity Growth: Policy-Guided or Market-Driven?," IJERPH, MDPI, vol. 19(17), pages 1-19, August.
    9. Zhenghui Li & Fanqi Zou & Yong Tan & Jinhui Zhu, 2021. "Does Financial Excess Support Land Urbanization—An Empirical Study of Cities in China," Land, MDPI, vol. 10(6), pages 1-17, June.
    10. Kaiming Zhong & Hongyan Fu & Tinghui Li, 2022. "Can the Digital Economy Facilitate Carbon Emissions Decoupling? An Empirical Study Based on Provincial Data in China," IJERPH, MDPI, vol. 19(11), pages 1-25, June.
    11. Yue Liu & Pierre Failler & Liming Chen, 2021. "Can Mandatory Disclosure Policies Promote Corporate Environmental Responsibility?—Quasi-Natural Experimental Research on China," IJERPH, MDPI, vol. 18(11), pages 1-19, June.
    12. Yan Ding & Yue Liu & Pierre Failler, 2022. "The Impact of Uncertainties on Crude Oil Prices: Based on a Quantile-on-Quantile Method," Energies, MDPI, vol. 15(10), pages 1-35, May.
    13. Chunbin Zhang & Rong Zhou & Jundong Hou & Mengtong Feng, 2022. "Spatial-Temporal Evolution and Convergence Characteristics of Agricultural Eco-Efficiency in China from a Low-Carbon Perspective," Sustainability, MDPI, vol. 14(24), pages 1-24, December.

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