Department of Economics, University of Sargodha, Sargodha, Pakistan.
School of International Trade & Economics, University of International Business and Economics, Beijing, 100029, China.
Environ Sci Pollut Res Int. 2024 Mar;31(15):22870-22884. doi: 10.1007/s11356-024-32682-7. Epub 2024 Feb 28.
China has changed its focus from traditional high-speed economic growth to high-quality economic development (HQED) and the implementation of environmentally friendly practices. This transition can have parallel or unparallel impacts on energy insecurity (EIS). In this regards, HQED, inter Alia, is crucial in mitigating EIS and combating the energy crisis. Our study explores the impact of economic growth (EG) and HQED on EIS using the provincial panel data of China for the period 2011-2017. From the perspective of comparative analysis, the results reveal that HQED reduces EIS while EG increases it. The robustness checks indicate that industrial structure (IS) has a negative impact on EIS, whereas industrial structure upgrading (ISU) and green innovation (GI) have a positive influence. This implies that IS contributes to an increase in EIS, whereas ISU and GI result in a decrease in EIS. In addition, the analysis reveals that digital financial inclusion (DFI) exhibits a significant positive relation with EIS, albeit occasionally a negative but insignificant link. The policy implication is that the government should stimulate policies to promote HQED which reduces the EIS.
中国已将其重点从传统的高速经济增长转移到高质量经济发展（HQED）和实施环保实践。这种转变可能会对能源不安全（EIS）产生平行或非平行的影响。在这方面，HQED 至关重要，它可以减轻 EIS 并应对能源危机。我们的研究使用中国 2011-2017 年的省级面板数据，探讨了经济增长（EG）和 HQED 对 EIS 的影响。从比较分析的角度来看，结果表明 HQED 降低了 EIS，而 EG 则增加了 EIS。稳健性检验表明，产业结构（IS）对 EIS 有负面影响，而产业结构升级（ISU）和绿色创新（GI）有积极影响。这意味着 IS 导致 EIS 增加，而 ISU 和 GI 导致 EIS 减少。此外，分析表明，数字金融包容性（DFI）与 EIS 呈显著正相关，尽管有时呈负相关但不显著。政策含义是，政府应刺激政策以促进降低 EIS 的 HQED。
