EconPapers    
Economics at your fingertips  
 

Institutional quality, green innovation and energy efficiency

Huaping Sun, Bless Kofi Edziah, Chuanwang Sun () and Anthony Kwaku Kporsu

Energy Policy, 2019, vol. 135, issue C

Abstract: This paper examines the energy efficiency performance of a sample of 71 developed and developing countries between 1990 and 2014. In most current energy literature, the transition to green technology is seen as a sustainable way to achieve a low-carbon or carbon-free environment. Bearing this in mind, we argue further that adopting green technology needs a strong backing and funding of reliable government institutions to shift the country's paradigm. Considering this issue, we adopt the parametric stochastic frontier approach built on the shepherd distance function to evaluate the effects of both governmental institutions and green technologies on energy efficiency. We find evidence of a significant positive influence of both green innovation and institutional quality on energy efficiency enhancement having controlled for some variables. Regarding energy efficiency levels of the individual countries- USA, Japan, Germany and Australia lead the chart while Belize, Panama, Singapore, Malta, Sierra Leone, Iceland, Jamaica, Bahrain and Ghana are the least energy efficient countries. Policy implications are further discussed.

Keywords: Energy efficiency; Energy use; Energy consumption; Institutional quality; Green innovation; Green technology (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0301421519305890
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:135:y:2019:i:c:s0301421519305890

DOI: 10.1016/j.enpol.2019.111002

Access Statistics for this article

Energy Policy is currently edited by N. France

More articles in Energy Policy from Elsevier
Bibliographic data for series maintained by Haili He ().

 
Page updated 2020-09-30
Handle: RePEc:eee:enepol:v:135:y:2019:i:c:s0301421519305890