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Article

The Efficiency of Energy Infrastructure Investment and Its Regional Economic Impact

1
State Grid Jiangsu Electricity Co., Nanjing 210000, China
2
School of Management and Engineering, Capital University of Economics and Business, Beijing 10070, China
*
Author to whom correspondence should be addressed.
Int. J. Environ. Res. Public Health 2023, 20(3), 2125; https://doi.org/10.3390/ijerph20032125
Received: 9 December 2022 / Revised: 18 January 2023 / Accepted: 20 January 2023 / Published: 24 January 2023

Abstract

This study constructed an input–output and environmental indicator combination framework to evaluate the efficiency of energy infrastructure investment. Furthermore, the study used a three-stage DEA model to evaluate the efficiency of energy infrastructure investment projects in Jiangsu Province. Subsequently, the study constructed a system of indicators to measure regional economic development and assigns weights to them using the entropy value method, to obtain a comprehensive regional economic development score. Finally, this study analyzed the impact of energy investment efficiency on regional economic growth, economic stability, and industrial structure optimization. The study results show that the efficiency of energy infrastructure investment varies widely across Jiangsu and is highly correlated with the regional economic development model, the level of economic development, and the importance of the industry. The study also reveals that the improvement of energy infrastructure investment efficiency in Jiangsu fails to reflect the level of regional economic development; however, it has a crucial role in increasing social wealth and transforming the regional industrial structure and economy. Based on these results, this study further proposes countermeasures, such as planning a reasonable scale of investment, implementing differentiated regional investment, and upgrading management and technology.
Keywords: energy infrastructure; investment efficiency; regional economy; three-stage DEA energy infrastructure; investment efficiency; regional economy; three-stage DEA

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MDPI and ACS Style

Kuang, L.; Han, X.; Liu, G. The Efficiency of Energy Infrastructure Investment and Its Regional Economic Impact. Int. J. Environ. Res. Public Health 2023, 20, 2125. https://doi.org/10.3390/ijerph20032125

AMA Style

Kuang L, Han X, Liu G. The Efficiency of Energy Infrastructure Investment and Its Regional Economic Impact. International Journal of Environmental Research and Public Health. 2023; 20(3):2125. https://doi.org/10.3390/ijerph20032125

Chicago/Turabian Style

Kuang, Lixin, Xiangrong Han, and Guanyu Liu. 2023. "The Efficiency of Energy Infrastructure Investment and Its Regional Economic Impact" International Journal of Environmental Research and Public Health 20, no. 3: 2125. https://doi.org/10.3390/ijerph20032125

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