Exploring the Impact of Financial Development on Water–Energy Efficiency in Western China

Author:

Wang Jianqiang1,Zhang Zhongyun2

Affiliation:

1. College for Urban Economics and Public Administration, Capital University of Economics and Business, Beijing 100070, China

2. School of Business Administration, Guangdong University of Finance and Economics, Guangzhou 510320, China

Abstract

The western region of China is a fundamental ecological protection barrier for China. The conflict between regional economic development and ecological environmental protection has always existed in the region. This study first evaluated the water–energy efficiency (WEE) of 11 provinces in western China from 2011 to 2019 using the super-slacks-based model with undesirable outputs and analyzed their spatiotemporal characteristics. It then investigated the influence of financial development level on WEE. The results indicate that (a) the WEE in Western China was at a relatively low level, showing an upward trend from 2011 to 2016 and fluctuating after 2016; (b) financial development levels had U-shaped impacts on the WEE of Western China, which reduced at first and then rose; (c) increasing technological innovation capabilities and trade openness had positive impacts on WEE in Western China, while urbanization level had a negative effect on WEE; and (d) an examination of robustness using two different methods showed that the test results are consistent with the above conclusions. Therefore, this study has robustness. We also put forward corresponding policy suggestions, such as increasing financial support for clean and low-carbon industries, increasing input in science and technology, vigorously developing cleaner and environmentally friendly foreign trade, and implementing a new type of urbanization strategy, to promote the WEE of Western China.

Funder

Beijing Municipal Education Commission research project

Publisher

MDPI AG

Reference54 articles.

1. The effect of western development program and regional economic convergence in China;Liu;Econ. Res. J.,2009

2. Yang, L., Liang, Z., Yao, W., Zhu, H., Zeng, L., and Zhao, Z. (2023). What Are the Impacts of Urbanisation on Carbon Emissions Efficiency? Evidence from Western China. Land, 12.

3. National Bureau of Statistics of China (2023, May 23). Annual Data of the Province in China, Available online: http://data.stats.gov.cn/easyquery.htm?cn=E0103.

4. (2024, May 06). China Statistical Yearbooks, Available online: https://www.stats.gov.cn/sj/ndsj/2022/indexeh.htm.

5. Fang, Z., Chiu, Y., Chen, Y., Lin, T., and Chang, T. (2024). Linkage analysis for water-energy-economic system efficiency in China. Environ. Dev. Sustain.

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3