IDEAS home Printed from https://ideas.repec.org/a/eee/eneeco/v140y2024ics0140988324006716.html
   My bibliography  Save this article

Natural resource assets management and urban carbon emission efficiency: Evidence from quasi-natural experiment in China

Author

Listed:
  • Siyiti, Muhetaer
  • Yao, Xin

Abstract

Efficient management of natural resources plays an important role in improving urban low-carbon development. Based on panel data from 277 prefecture-level cities in China, this paper investigates the impact of the “Natural Resource Assets Management Audit” (NRAMA) policy on urban carbon emission efficiency (CEE) using the staggered DID approach. Our findings reveal that the NRAMA policy significantly improves urban CEE and shows heterogeneity from the perspective of regional features, city size, resource dependency, government intervention, and marketization level. The mechanism test results suggest that the pilot policy affects urban CEE through efficient natural resource utilization, better environmental protection, government audit, fiscal expenditures, and urban green innovation. Additionally, population density plays a significant moderating role. Our study supplements new evidence on the relationship between natural resource assets management and efficient carbon emission reduction and provides key insights regarding the effective implementation of the NRAMA policy.

Suggested Citation

  • Siyiti, Muhetaer & Yao, Xin, 2024. "Natural resource assets management and urban carbon emission efficiency: Evidence from quasi-natural experiment in China," Energy Economics, Elsevier, vol. 140(C).
  • Handle: RePEc:eee:eneeco:v:140:y:2024:i:c:s0140988324006716
    DOI: 10.1016/j.eneco.2024.107963
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0140988324006716
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.eneco.2024.107963?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. repec:eme:maj000:maj-08-2019-2378 is not listed on IDEAS
    2. Färe, Rolf & Grosskopf, Shawna, 2010. "Directional distance functions and slacks-based measures of efficiency: Some clarifications," European Journal of Operational Research, Elsevier, vol. 206(3), pages 702-702, November.
    3. Clément de Chaisemartin & Xavier D'Haultfœuille, 2020. "Two-Way Fixed Effects Estimators with Heterogeneous Treatment Effects," American Economic Review, American Economic Association, vol. 110(9), pages 2964-2996, September.
    4. Chai, Jian & Tian, Lingyue & Jia, Ruining, 2023. "New energy demonstration city, spatial spillover and carbon emission efficiency: Evidence from China's quasi-natural experiment," Energy Policy, Elsevier, vol. 173(C).
    5. Thorsten Beck & Ross Levine & Alexey Levkov, 2010. "Big Bad Banks? The Winners and Losers from Bank Deregulation in the United States," Journal of Finance, American Finance Association, vol. 65(5), pages 1637-1667, October.
    6. You, Jianmin & Zhang, Wei, 2022. "How heterogeneous technological progress promotes industrial structure upgrading and industrial carbon efficiency? Evidence from China's industries," Energy, Elsevier, vol. 247(C).
    7. Dawei Huang & Gang Chen, 2022. "Can the Carbon Emissions Trading System Improve the Green Total Factor Productivity of the Pilot Cities?—A Spatial Difference-in-Differences Econometric Analysis in China," IJERPH, MDPI, vol. 19(3), pages 1-18, January.
    8. Chang-Tai Hsieh & Peter J. Klenow, 2009. "Misallocation and Manufacturing TFP in China and India," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 124(4), pages 1403-1448.
    9. Xiting Wu & Qun CAO & Xiaoping Tan & Liang Li, 2020. "The effect of audit of outgoing leading officials’ natural resource accountability on environmental governance: evidence from China," Managerial Auditing Journal, Emerald Group Publishing Limited, vol. 35(9), pages 1213-1241, November.
    10. Andreas Bergmann, 2012. "The influence of the nature of government accounting and reporting in decision-making: evidence from Switzerland," Public Money & Management, Taylor & Francis Journals, vol. 32(1), pages 15-20, January.
    11. Wang, Keying & Wu, Meng & Sun, Yongping & Shi, Xunpeng & Sun, Ao & Zhang, Ping, 2019. "Resource abundance, industrial structure, and regional carbon emissions efficiency in China," Resources Policy, Elsevier, vol. 60(C), pages 203-214.
    12. Fukuyama, Hirofumi & Weber, William L., 2009. "A directional slacks-based measure of technical inefficiency," Socio-Economic Planning Sciences, Elsevier, vol. 43(4), pages 274-287, December.
    13. Miao, Chenglin & Fang, Debin & Sun, Liyan & Luo, Qiaoling, 2017. "Natural resources utilization efficiency under the influence of green technological innovation," Resources, Conservation & Recycling, Elsevier, vol. 126(C), pages 153-161.
    14. Petri Böckerman & Pekka Ilmakunnas, 2009. "Unemployment and self‐assessed health: evidence from panel data," Health Economics, John Wiley & Sons, Ltd., vol. 18(2), pages 161-179, February.
    15. Xiaoyu Li & Jiawei Tang & Chao Feng & Yexiao Chen, 2023. "Can Government Environmental Auditing Help to Improve Environmental Quality? Evidence from China," IJERPH, MDPI, vol. 20(4), pages 1-21, February.
    16. Alwyn Young, 2003. "Gold into Base Metals: Productivity Growth in the People's Republic of China during the Reform Period," Journal of Political Economy, University of Chicago Press, vol. 111(6), pages 1220-1261, December.
    17. Liu, Junxian & Nie, Song & Lin, Tiantian, 2024. "Government auditing and urban energy efficiency in the context of the digital economy: Evidence from China's Auditing System reform," Energy, Elsevier, vol. 296(C).
    18. Chen, Yang & Shao, Shuai & Fan, Meiting & Tian, Zhihua & Yang, Lili, 2022. "One man's loss is another's gain: Does clean energy development reduce CO2 emissions in China? Evidence based on the spatial Durbin model," Energy Economics, Elsevier, vol. 107(C).
    19. Shahbaz, Muhammad & Nasreen, Samia & Ahmed, Khalid & Hammoudeh, Shawkat, 2017. "Trade openness–carbon emissions nexus: The importance of turning points of trade openness for country panels," Energy Economics, Elsevier, vol. 61(C), pages 221-232.
    20. Mohammad J. Abdolmohammadi & Robert R. Tucker, 2002. "The Influence of Accounting and Auditing on a Country's Economic Development," Review of Accounting and Finance, Emerald Group Publishing Limited, vol. 1(3), pages 42-53, March.
    21. Zhu, Bangzhu & Zhang, Mengfan & Zhou, Yanhua & Wang, Ping & Sheng, Jichuan & He, Kaijian & Wei, Yi-Ming & Xie, Rui, 2019. "Exploring the effect of industrial structure adjustment on interprovincial green development efficiency in China: A novel integrated approach," Energy Policy, Elsevier, vol. 134(C).
    22. Song, Yan & Zhang, Xiao & Zhang, Ming, 2021. "The influence of environmental regulation on industrial structure upgrading: Based on the strategic interaction behavior of environmental regulation among local governments," Technological Forecasting and Social Change, Elsevier, vol. 170(C).
    23. Goodman-Bacon, Andrew, 2021. "Difference-in-differences with variation in treatment timing," Journal of Econometrics, Elsevier, vol. 225(2), pages 254-277.
    24. Wang, Shaojian & Xie, Zihan & Wu, Rong & Feng, Kuishang, 2022. "How does urbanization affect the carbon intensity of human well-being? A global assessment," Applied Energy, Elsevier, vol. 312(C).
    25. Zhang, Ning & Kong, Fanbin & Choi, Yongrok & Zhou, P., 2014. "The effect of size-control policy on unified energy and carbon efficiency for Chinese fossil fuel power plants," Energy Policy, Elsevier, vol. 70(C), pages 193-200.
    26. Fan, Meiting & Li, Mengxu & Liu, Jianghua & Shao, Shuai, 2022. "Is high natural resource dependence doomed to low carbon emission efficiency? Evidence from 283 cities in China," Energy Economics, Elsevier, vol. 115(C).
    27. Wang, Chang’an & Liu, Xiaoqian & Li, Han & Yang, Cunyi, 2023. "Analyzing the impact of low-carbon city pilot policy on enterprises' labor demand: Evidence from China," Energy Economics, Elsevier, vol. 124(C).
    28. Barros, Carlos Pestana & Managi, Shunsuke & Matousek, Roman, 2012. "The technical efficiency of the Japanese banks: Non-radial directional performance measurement with undesirable output," Omega, Elsevier, vol. 40(1), pages 1-8, January.
    29. Yue Dou & Kangyin Dong & Qingzhe Jiang & Xiucheng Dong, 2020. "How Does Trade Openness Affect Carbon Emission? New International Evidence," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 22(03n04), pages 1-31, December.
    30. Cong, Yufei & Ren, Chunhong, 2023. "Does Natural resource dependency impede sustainable development? Exploring the non-linear consequence of economic complexity," Resources Policy, Elsevier, vol. 85(PB).
    31. Zhang, Ning & Choi, Yongrok, 2013. "Total-factor carbon emission performance of fossil fuel power plants in China: A metafrontier non-radial Malmquist index analysis," Energy Economics, Elsevier, vol. 40(C), pages 549-559.
    32. Lv, Chengchao & Shao, Changhua & Lee, Chien-Chiang, 2021. "Green technology innovation and financial development: Do environmental regulation and innovation output matter?," Energy Economics, Elsevier, vol. 98(C).
    33. Du, Kerui & Lu, Huang & Yu, Kun, 2014. "Sources of the potential CO2 emission reduction in China: A nonparametric metafrontier approach," Applied Energy, Elsevier, vol. 115(C), pages 491-501.
    34. Lei Zhu & Yuyu Liu & Chun Cai, 2023. "Natural resources and assets accountability audit of local officials and government subsidies: evidence from China," Applied Economics Letters, Taylor & Francis Journals, vol. 30(7), pages 981-985, April.
    35. Yu, Yantuan & Zhang, Ning, 2021. "Low-carbon city pilot and carbon emission efficiency: Quasi-experimental evidence from China," Energy Economics, Elsevier, vol. 96(C).
    36. Färe, Rolf & Grosskopf, Shawna, 2010. "Directional distance functions and slacks-based measures of efficiency," European Journal of Operational Research, Elsevier, vol. 200(1), pages 320-322, January.
    37. Zhou, P. & Ang, B.W. & Wang, H., 2012. "Energy and CO2 emission performance in electricity generation: A non-radial directional distance function approach," European Journal of Operational Research, Elsevier, vol. 221(3), pages 625-635.
    38. Chen, Yang & Mu, Huaizhong, 2023. "Natural resources, carbon trading policies and total factor carbon efficiency: A new direction for China’s economy," Resources Policy, Elsevier, vol. 86(PA).
    39. Hu, Guoqiang & Wang, Xiaoqi & Wang, Yu, 2021. "Can the green credit policy stimulate green innovation in heavily polluting enterprises? Evidence from a quasi-natural experiment in China," Energy Economics, Elsevier, vol. 98(C).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Xiaozheng Zheng & Shuo Yang & Jianjun Huai, 2025. "Integrating Ecological Footprint into Regional Ecological Well-Being Evaluation: A Case Study of the Guanzhong Plain Urban Agglomeration, China," Land, MDPI, vol. 14(4), pages 1-22, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lin, Boqiang & Bai, Rui, 2020. "Dynamic energy performance evaluation of Chinese textile industry," Energy, Elsevier, vol. 199(C).
    2. Liu, Guangtian & Wang, Bing & Zhang, Ning, 2016. "A coin has two sides: Which one is driving China’s green TFP growth?," Economic Systems, Elsevier, vol. 40(3), pages 481-498.
    3. Zhang, Ning & Zhao, Yu & Wang, Na, 2022. "Is China's energy policy effective for power plants? Evidence from the 12th Five-Year Plan energy saving targets," Energy Economics, Elsevier, vol. 112(C).
    4. Zhang, Ning & Kong, Fanbin & Choi, Yongrok, 2014. "Measuring sustainability performance for China: A sequential generalized directional distance function approach," Economic Modelling, Elsevier, vol. 41(C), pages 392-397.
    5. Du, Zhili & Wang, Yao, 2022. "Does energy-saving and emission reduction policy affects carbon reduction performance? A quasi-experimental evidence in China," Applied Energy, Elsevier, vol. 324(C).
    6. Zhang, Ning & Wang, Bing & Chen, Zhongfei, 2016. "Carbon emissions reductions and technology gaps in the world's factory, 1990–2012," Energy Policy, Elsevier, vol. 91(C), pages 28-37.
    7. Nabavieh, Alireza & Gholamiangonabadi, Davoud & Ahangaran, Ali Asghar, 2015. "Dynamic changes in CO2 emission performance of different types of Iranian fossil-fuel power plants," Energy Economics, Elsevier, vol. 52(PA), pages 142-150.
    8. Zhang, Yijun & Song, Yi, 2020. "Unified efficiency of coal mining enterprises in China: An analysis based on meta-frontier non-radial directional distance functions," Resources Policy, Elsevier, vol. 65(C).
    9. Wang, Qunwei & Chiu, Yung-Ho & Chiu, Ching-Ren, 2017. "Non-radial metafrontier approach to identify carbon emission performance and intensity," Renewable and Sustainable Energy Reviews, Elsevier, vol. 69(C), pages 664-672.
    10. Ying Xie & Minglong Zhang, 2023. "Influence of Clean Energy and Financial Structure on China’s Provincial Carbon Emission Efficiency—Empirical Analysis Based on Spatial Spillover Effects," Sustainability, MDPI, vol. 15(4), pages 1-25, February.
    11. Zhu, Runqing & Lin, Boqiang, 2021. "Energy and carbon performance improvement in China's mining Industry:Evidence from the 11th and 12th five-year plan," Energy Policy, Elsevier, vol. 154(C).
    12. D’Inverno, Giovanna & Carosi, Laura & Romano, Giulia & Guerrini, Andrea, 2018. "Water pollution in wastewater treatment plants: An efficiency analysis with undesirable output," European Journal of Operational Research, Elsevier, vol. 269(1), pages 24-34.
    13. Kounetas, Konstantinos & Zervopoulos, Panagiotis D., 2019. "A cross-country evaluation of environmental performance: Is there a convergence-divergence pattern in technology gaps?," European Journal of Operational Research, Elsevier, vol. 273(3), pages 1136-1148.
    14. Jiang, Wei & Li, Xitao & Liu, Ruoxi & Song, Yijia, 2022. "Local fiscal pressure, policy distortion and energy efficiency: Micro-evidence from a quasi-natural experiment in China," Energy, Elsevier, vol. 254(PB).
    15. Yanni Yu & Yongrok Choi, 2015. "Measuring Environmental Performance Under Regional Heterogeneity in China: A Metafrontier Efficiency Analysis," Computational Economics, Springer;Society for Computational Economics, vol. 46(3), pages 375-388, October.
    16. Wang, Qunwei & Su, Bin & Sun, Jiasen & Zhou, Peng & Zhou, Dequn, 2015. "Measurement and decomposition of energy-saving and emissions reduction performance in Chinese cities," Applied Energy, Elsevier, vol. 151(C), pages 85-92.
    17. Xu, Lan & Yang, Jun & Cheng, Jixin & Dong, Hanghang, 2022. "How has China's low-carbon city pilot policy influenced its CO2 abatement costs? Analysis from the perspective of the shadow price," Energy Economics, Elsevier, vol. 115(C).
    18. Sun, Chuanwang & Li, Zhi & Ma, Tiemeng & He, Runyong, 2019. "Carbon efficiency and international specialization position: Evidence from global value chain position index of manufacture," Energy Policy, Elsevier, vol. 128(C), pages 235-242.
    19. Wang, Ailun & Hu, Shuo & Li, Jianglong, 2021. "Does economic development help achieve the goals of environmental regulation? Evidence from partially linear functional-coefficient model," Energy Economics, Elsevier, vol. 103(C).
    20. Yang, Zhenbing & Fan, Meiting & Shao, Shuai & Yang, Lili, 2017. "Does carbon intensity constraint policy improve industrial green production performance in China? A quasi-DID analysis," Energy Economics, Elsevier, vol. 68(C), pages 271-282.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:eneeco:v:140:y:2024:i:c:s0140988324006716. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/eneco .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.