Technological progress effects on energy efficiency from the perspective of technological innovation and technology introduction: An empirical study of Guangdong, China
Technological progress plays an important role in energy efficiency improvements. This paper considers two pathways that could accelerate technology development: technology introduction and technological innovation. The technology introduced through foreign direct investment (FDI) may enhance the ho...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Elsevier
2022-11-01
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| Series: | Energy Reports |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S2352484721014311 |
| _version_ | 1797902118624952320 |
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| author | Rui Zhang Yuanhai Fu |
| author_facet | Rui Zhang Yuanhai Fu |
| author_sort | Rui Zhang |
| collection | DOAJ |
| description | Technological progress plays an important role in energy efficiency improvements. This paper considers two pathways that could accelerate technology development: technology introduction and technological innovation. The technology introduced through foreign direct investment (FDI) may enhance the host country’s independent innovation capability, minimize the risk of independent innovation and lower the cost. To that end, a two-stage analysis was conducted at the industrial level for the period 2000–2018 in Guangdong, China. The first stage included an estimation of total factor energy efficiency (TFEE) scores using the super-efficiency data envelopment analysis (DEA) methodology, while the second one included an exploration of how technological innovation and FDI are affecting energy efficiency by using system GMM regression in the whole sample of the manufacturing sector and sub-sample based on R&D intensity. The results indicate that energy use in most manufacturing industries is efficient and FDI participation induced spillovers from FDI have a significant positive impact on energy efficiency. Moreover, the analysis of the interaction term between FDI and technological innovation show that imitative innovation depends on the transfer technology strategy from foreign-funded enterprises to improve energy efficiency. These results have notable implications for energy use policy and sustainable economic development. |
| first_indexed | 2024-04-10T09:12:45Z |
| format | Article |
| id | doaj.art-fdf060aec62d4198b079e5113487c71d |
| institution | Directory Open Access Journal |
| issn | 2352-4847 |
| language | English |
| last_indexed | 2024-04-10T09:12:45Z |
| publishDate | 2022-11-01 |
| publisher | Elsevier |
| record_format | Article |
| series | Energy Reports |
| spelling | doaj.art-fdf060aec62d4198b079e5113487c71d2023-02-21T05:09:40ZengElsevierEnergy Reports2352-48472022-11-018425437Technological progress effects on energy efficiency from the perspective of technological innovation and technology introduction: An empirical study of Guangdong, ChinaRui Zhang0Yuanhai Fu1Correspondence to: School of Economics and Statistics, Guangzhou University, Guangzhou, 510006, China.; School of Economics and Statistics, Guangzhou University, Guangzhou, ChinaSchool of Economics and Statistics, Guangzhou University, Guangzhou, ChinaTechnological progress plays an important role in energy efficiency improvements. This paper considers two pathways that could accelerate technology development: technology introduction and technological innovation. The technology introduced through foreign direct investment (FDI) may enhance the host country’s independent innovation capability, minimize the risk of independent innovation and lower the cost. To that end, a two-stage analysis was conducted at the industrial level for the period 2000–2018 in Guangdong, China. The first stage included an estimation of total factor energy efficiency (TFEE) scores using the super-efficiency data envelopment analysis (DEA) methodology, while the second one included an exploration of how technological innovation and FDI are affecting energy efficiency by using system GMM regression in the whole sample of the manufacturing sector and sub-sample based on R&D intensity. The results indicate that energy use in most manufacturing industries is efficient and FDI participation induced spillovers from FDI have a significant positive impact on energy efficiency. Moreover, the analysis of the interaction term between FDI and technological innovation show that imitative innovation depends on the transfer technology strategy from foreign-funded enterprises to improve energy efficiency. These results have notable implications for energy use policy and sustainable economic development.http://www.sciencedirect.com/science/article/pii/S2352484721014311Technological progressTechnological innovationFDIEnergy efficiency |
| spellingShingle | Rui Zhang Yuanhai Fu Technological progress effects on energy efficiency from the perspective of technological innovation and technology introduction: An empirical study of Guangdong, China Energy Reports Technological progress Technological innovation FDI Energy efficiency |
| title | Technological progress effects on energy efficiency from the perspective of technological innovation and technology introduction: An empirical study of Guangdong, China |
| title_full | Technological progress effects on energy efficiency from the perspective of technological innovation and technology introduction: An empirical study of Guangdong, China |
| title_fullStr | Technological progress effects on energy efficiency from the perspective of technological innovation and technology introduction: An empirical study of Guangdong, China |
| title_full_unstemmed | Technological progress effects on energy efficiency from the perspective of technological innovation and technology introduction: An empirical study of Guangdong, China |
| title_short | Technological progress effects on energy efficiency from the perspective of technological innovation and technology introduction: An empirical study of Guangdong, China |
| title_sort | technological progress effects on energy efficiency from the perspective of technological innovation and technology introduction an empirical study of guangdong china |
| topic | Technological progress Technological innovation FDI Energy efficiency |
| url | http://www.sciencedirect.com/science/article/pii/S2352484721014311 |
| work_keys_str_mv | AT ruizhang technologicalprogresseffectsonenergyefficiencyfromtheperspectiveoftechnologicalinnovationandtechnologyintroductionanempiricalstudyofguangdongchina AT yuanhaifu technologicalprogresseffectsonenergyefficiencyfromtheperspectiveoftechnologicalinnovationandtechnologyintroductionanempiricalstudyofguangdongchina |