Energy Efficiency of China’s Iron and Steel Industry from the Perspective of Technology Heterogeneity
1
School of Economics and Management, University of Science and Technology Beijing, Beijing 100083, China
2
Department of development and science and technology, China Iron and Steel Association, Beijing 100711, China
3
School of Economics and Management, Tsinghua University, Beijing 100084; China
*
Author to whom correspondence should be addressed.
Energies 2018, 11(5), 1247; https://doi.org/10.3390/en11051247
Received: 14 March 2018 / Revised: 20 April 2018 / Accepted: 1 May 2018 / Published: 14 May 2018
(This article belongs to the Special Issue Industrial Energy Efficiency 2018)
This paper investigates energy efficiency with the presence of undeniable outputs, efficiency gaps across regions, and determinants of inefficiency of the Chinese Iron and Steel (IS) industry by combining hybrid measure technology and the meta-frontier approach. Empirical results obtained from analyses based on panel data spanning 2010–2015 reveal the necessity of green transition of the IS industry. Simultaneously addressing power supply, environmental impacts, and value creation of energy is still one of the most formidable challenges facing the IS industry nowadays. Moreover, distinct spatial heterogeneity in technology exists extensively across the regions. Energy efficiency of the IS industry in the eastern region performed the best, whereas the central and western areas fell behind due to the intension of managerial failure and expansion of the technology gap. Based on the findings, general and regional-specific policy implications and suggestions are posited.
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Keywords:
China’s iron and steel industry; energy efficiency; undesirable hybrid measure; technology heterogeneity
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MDPI and ACS Style
Wang, X.; He, F.; Zhang, L.; Chen, L. Energy Efficiency of China’s Iron and Steel Industry from the Perspective of Technology Heterogeneity. Energies 2018, 11, 1247. https://doi.org/10.3390/en11051247
AMA Style
Wang X, He F, Zhang L, Chen L. Energy Efficiency of China’s Iron and Steel Industry from the Perspective of Technology Heterogeneity. Energies. 2018; 11(5):1247. https://doi.org/10.3390/en11051247
Chicago/Turabian StyleWang, Xiaoling; He, Feng; Zhang, Linfeng; Chen, Lili. 2018. "Energy Efficiency of China’s Iron and Steel Industry from the Perspective of Technology Heterogeneity" Energies 11, no. 5: 1247. https://doi.org/10.3390/en11051247
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