Can China’s Regional Industrial Chain Innovation and Reform Policy Make the Impossible Triangle of Energy Attainable? A Causal Inference Study on the Effect of Improving Industrial Chain Resilience

Tianyu Lu () and Hongyu Li
Additional contact information
Tianyu Lu: Department of Accounting, Ningbo University, No. 818 Fenghua Road, Jiangbei District, Ningbo 315211, China
Hongyu Li: Department of Accounting, Ningbo University, No. 818 Fenghua Road, Jiangbei District, Ningbo 315211, China

Energies, 2024, vol. 17, issue 10, 1-33

Abstract: This study used a double machine learning model (based on the random forest algorithm) and spatial Durbin DIDs model to conduct quasi-natural experiments. The results are as follows: (1) innovation and reform policy regarding regional industrial chains as well as their resilience can significantly and positively address the development of China’s impossible triangle coupling of energy; (2) implementing the innovation and reform policy for regional industrial chains in other regions can have a significant positive spatial transmission effect on the impossible triangle coupling coordinated development of energy in the region; (3) regional industrial chain resilience can produce a significant positive mediating effect between the innovation and reform policy of regional industrial chains and the safety, reliability, and economic feasibility of green and clean energy systems; (4) under the counterfactual framework, the mechanism path “innovation and reform policy of the regional industry chain→regional industry chain resilience→coordination degree of impossible triangle coupling of energy” has significantly positive direct and indirect effects in both the treatment group and the control group. However, “innovation and reform policy of the regional industrial chain→regional industrial chain resilience→the energy sector’s impossible triangle coupling coordination degree” and “innovation and reform policy of the regional industrial chain→leading power of the regional industrial chain→the energy sector’s impossible triangle coupling coordination degree” have significantly positive direct and indirect effects in the treatment group, but only the direct effect is significant in the control group.

Keywords: innovation and reform of regional industrial chain; industrial chain resilience; impossible triangle of energy; double machine learning; spatial difference in differences (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/1996-1073/17/10/2301/pdf (application/pdf)
https://www.mdpi.com/1996-1073/17/10/2301/ (text/html)

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:gam:jeners:v:17:y:2024:i:10:p:2301-:d:1391965

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().