What Is the Relationship between Technological Innovation and Energy Consumption? Empirical Analysis Based on Provincial Panel Data from China

By Lei Jin, Keran Duan, Xu Tang. 2018

128 citations recorded by the source corpus.

This paper investigates the relationship between energy consumption and technological innovation using a dynamic panel data model and regional-level data from China for the period 1995–2012. In contrast to previous studies, it examines the short and long-run bilateral relationship between technological innovation and energy consumption. The results show that in the short run, technological innovation leads to an increase in energy consumption, while energy consumption has no significant effect on technological innovation. In the long run, however, energy consumption is positively and bilaterally related to technological innovation. These findings suggest that although technological innovation does not directly lead to a reduction in energy consumption as mentioned in the extant literature, it could help achieve sustainability through improving energy efficiency and developing energy structure for developing countries.

Subfields: Economics and Econometrics, Environmental Engineering, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/dafc45b011afcbd321b1b8ab9b0b8e2bc1cf43ab

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Citations in the corpus

Innovation, foreign direct investment (FDI), and the energy–pollution–growth nexus in OECD region: a simultaneous equation modeling approach (2020, result): “Jin et al. (2018) validated prior evidence concerning the positive impact of innovation on energy-use in the short-term.”
Impact of technological innovation on energy efficiency in industry 4.0 era: Moderation of shadow economy in sustainable development (2021, methodology): “For example, the impact of technological innovation (measured by total factor productivity) on energy efficiency was analyzed by Jin et al. (2018). They utilized a three-stage approach in analyzing the nexus between technological innovation”