What Is the Relationship between Technological Innovation and Energy Consumption? Empirical Analysis Based on Provincial Panel Data from China
School of Business Administration, China University of Petroleum, Beijing 102249, China
*
Author to whom correspondence should be addressed.
Sustainability 2018, 10(1), 145; https://doi.org/10.3390/su10010145
Received: 16 November 2017 / Revised: 26 December 2017 / Accepted: 3 January 2018 / Published: 9 January 2018
(This article belongs to the Special Issue Sustainability in the Mining, Minerals and Energy Industries)
This paper investigates the relationship between energy consumption and technological innovation using a dynamic panel data model and regional-level data from China for the period 1995–2012. In contrast to previous studies, it examines the short and long-run bilateral relationship between technological innovation and energy consumption. The results show that in the short run, technological innovation leads to an increase in energy consumption, while energy consumption has no significant effect on technological innovation. In the long run, however, energy consumption is positively and bilaterally related to technological innovation. These findings suggest that although technological innovation does not directly lead to a reduction in energy consumption as mentioned in the extant literature, it could help achieve sustainability through improving energy efficiency and developing energy structure for developing countries.
View Full-Text
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited
MDPI and ACS Style
Jin, L.; Duan, K.; Tang, X. What Is the Relationship between Technological Innovation and Energy Consumption? Empirical Analysis Based on Provincial Panel Data from China. Sustainability 2018, 10, 145. https://doi.org/10.3390/su10010145
AMA Style
Jin L, Duan K, Tang X. What Is the Relationship between Technological Innovation and Energy Consumption? Empirical Analysis Based on Provincial Panel Data from China. Sustainability. 2018; 10(1):145. https://doi.org/10.3390/su10010145
Chicago/Turabian StyleJin, Lei; Duan, Keran; Tang, Xu. 2018. "What Is the Relationship between Technological Innovation and Energy Consumption? Empirical Analysis Based on Provincial Panel Data from China" Sustainability 10, no. 1: 145. https://doi.org/10.3390/su10010145
Find Other Styles
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.
Search more from Scilit
