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Sustainability 2017, 9(6), 912; doi:10.3390/su9060912

Energy Efficiency, Ownership Structure, and Sustainable Development: Evidence from China

1
Business School, University of Shanghai for Science and Technology, Shanghai 200093, China
2
School of Mathematical Sciences, Tongji University, Shanghai 200092, China
*
Author to whom correspondence should be addressed.
Academic Editors: Tomonobu Senjyu and Marc A. Rosen
Received: 6 March 2017 / Revised: 25 May 2017 / Accepted: 27 May 2017 / Published: 1 June 2017
(This article belongs to the Section Energy Sustainability)
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Abstract

Low energy efficiency and severe environmental pollution are two growing issues haunting China’s fast economic development. Under China’s current development model, economic growth still heavily depends on massive energy input, which makes energy efficiency one crucial topic in order to secure future sustainable development of China. This paper focuses on the unique energy ownership structure of China, and designs and adopts MATLAB programming for optimization solutions of multi-variable constrained nonlinear functions to obtain results that can better reflect China’s energy efficiency and solutions to sustainable development of China. Using this model, this paper conducts an empirical analysis on the impact of difference energy investment behaviors between China’s state-owned entities and non-state-owned business on China’s Total Factor Energy Efficiency (TFEE) and sustainable development from 2003 to 2014. We find that Beijing and Shanghai represent the highest energy efficiency level in China. However, except for the more developed regions in Eastern China, for other provinces in Northeast China, Central China and Western China, the TFEE of energy investment by state-owned and non-state-owned economies are both quite low compared with the optimal level. Based on the above findings from the empirical study and detailed analysis by region, this paper discusses the possible reasons for China’s low TFEE and provides implications and policy recommendations. View Full-Text
Keywords: energy; efficiency; sustainable development; ownership; DEA; SBM energy; efficiency; sustainable development; ownership; DEA; SBM
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Yang, W.; Li, L. Energy Efficiency, Ownership Structure, and Sustainable Development: Evidence from China. Sustainability 2017, 9, 912.

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