School of Economics and Management, Xi'an University, Xi'an, 710068, Shaanxi, China.
Environ Sci Pollut Res Int. 2023 Jan;30(2):3606-3620. doi: 10.1007/s11356-022-22326-z. Epub 2022 Aug 10.
China's "Made in China (2025)" strategic plan aims to increase the industrial sector's ability to innovate independently. Cleaner production and green technology will also be used to build green industrial systems. To help achieve these goals, the Chinese government has implemented research and development (R&D) preferential policies. Over the years 2010-2020, this article examines how government subsidies and R&D spending will affect China's energy-intensive enterprises' energy efficiency using the CS-ARDL approach. It also evaluates the effectiveness of economic growth, urbanization, and financial resources on energy efficiency. The outcome reveals that R&D expenditures and economic growth contribute to energy efficiency. Likewise, the findings of urbanization, financial resources, and government subsidies are inversely associated with energy efficiency. Moreover, the panel causality test results show the bi-directional association between urbanization and energy efficiency, government subsidies and energy efficiency, and economic growth and energy efficiency. Likewise, the one-way causal association from R&D expenditures to energy efficiency and from financial resources to energy efficiency. The findings suggest the imperative policies to boost the level of energy efficiency.
中国的“中国制造 2025”战略计划旨在提高工业部门的自主创新能力。清洁生产和绿色技术也将被用于构建绿色工业系统。为了帮助实现这些目标，中国政府实施了研发（R&D）优惠政策。本文利用 CS-ARDL 方法，考察了 2010-2020 年期间，政府补贴和 R&D 支出如何影响中国能源密集型企业的能源效率，并评估了经济增长、城市化和金融资源对能源效率的影响。结果表明，R&D 支出和经济增长有助于提高能源效率。同样，城市化、金融资源和政府补贴的结果与能源效率呈负相关。此外，面板因果关系检验结果表明，城市化和能源效率之间存在双向关联，政府补贴和能源效率之间存在双向关联，经济增长和能源效率之间存在单向关联。同样，从 R&D 支出到能源效率以及从金融资源到能源效率存在单向因果关系。研究结果表明，需要采取有力政策来提高能源效率水平。
