A new perspective on the U.S. energy efficiency: The political context
Jorge Junio Moreira Antunes,
Juliana Campos Neves,
Larissa Rosa Carneiro Elmor,
Michel Fontaine Reis De Araujo,
Peter Fernandes Wanke and
Yong Tan
Technological Forecasting and Social Change, 2023, vol. 186, issue PA
Abstract:
This paper offers a new perspective on the energy efficiency literature by bringing evidence of political contextual factors as the predictors of energy efficiency. Specifically, we posit that the Democrat administration is more energy-efficient considering the reduction of environmental impact, in contrast, the Republican administration is more efficient considering only financial expenditures leading to the production of economic growth. In addition, we predict that political administration tenure is negatively correlated with green energy efficiency and that political distancing moderates the relationship between political party administration and energy efficiency. This study sheds light on these matters by performing an efficiency analysis of fifty North American states through a bootstrap DEA non-parametric model, followed by Tobit regressions to evaluate our hypotheses concerning the effect of the contextual factors on the calculated efficiency scores.
Keywords: Energy efficiency; United States; DEA; Political context (search for similar items in EconPapers)
JEL-codes: P18 Q43 Q48 Q49 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:186:y:2023:i:pa:s004016252200614x
DOI: 10.1016/j.techfore.2022.122093
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