The energy-saving effect in the new transformation of urbanization

Yidai Feng, Huaxi Yuan and Yaobin Liu

Economic Analysis and Policy, 2023, vol. 78, issue C, 41-59

Abstract: To cope with the severe challenges related to traditional economic-centered urbanization, the Chinese government has proposed a people-oriented new-type urbanization strategy, which focuses on promoting the coordination and sustainable development of the environment, economy, and society. The existing literature has studied the impact of traditional urbanization on energy use but has not yet revealed the mechanisms and effects of the new transformation of urbanization on energy efficiency. Based on socio-economic-natural complex ecosystem theory, this paper systematically explains how new-type urbanization affects energy efficiency. By adopting a newly developed dynamic panel threshold model, the paper examines the complex impact of new-type urbanization on energy efficiency using panel data of 285 cities in China from 2003 to 2017. The results show that new-type urbanization has a significant double-threshold effect on energy efficiency. As the new-type urbanization level increases, the improvement effect of new-type urbanization on energy efficiency presents the change features of “strong-weakened-stronger.” The heterogeneity analysis shows that under the constraints of multiple factors, such as new-type urbanization stages, geographic regions, economic development levels, and resource endowment, the impact of new-type urbanization on energy efficiency varies significantly. Targeted and differentiated policy recommendations for promoting new-type urbanization and energy efficiency are proposed.

Keywords: New-type urbanization; Energy efficiency; Dynamic panel threshold model; Heterogeneity; Energy-saving effect (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecanpo:v:78:y:2023:i:c:p:41-59

DOI: 10.1016/j.eap.2023.02.008

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