Metafrontier Eco-Efficiency and Its Convergence Analysis for China: A Multidimensional Heterogeneity Perspective
Yantuan Yu,
Hui Hu,
Yun Zhang and
Zhujia Yin
Emerging Markets Finance and Trade, 2019, vol. 55, issue 7, 1531-1549
Abstract:
This article studies the evaluation, evolution, and convergence of China’s ecological efficiency (eco-efficiency) within a multidimensional (spatial, temporal, and spatiotemporal) heterogeneity framework using a dataset of 191 prefecture and above-prefecture level cities in China over the period of 2003–2015.The results show significant regional disparity of eco-efficiency in China and periodical patterns of σ-and γ-convergence. Estimation results of dynamic spatial Durbin model show that there is global and club β-convergence of eco-efficiency considering spatial, temporal, and spatiotemporal heterogeneity. The findings provide strong evidence for policy makers to take multidimensional heterogeneity into account to improve regional eco-efficiency, promote green development, and realize the “Beautiful China”.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:mes:emfitr:v:55:y:2019:i:7:p:1531-1549
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DOI: 10.1080/1540496X.2018.1559142
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