Optimum combination of heterogeneous environmental policy instruments and market for green transformation : Empirical evidence from China's metal sector

DOI zum Zitieren der Version auf EPub Bayreuth: https://doi.org/10.15495/EPub_UBT_00008975
URN to cite this document: urn:nbn:de:bvb:703-epub-8975-2

Title data

Li, Shuangmei ; Zhu, Xuehong ; Zhang, Tao:
Optimum combination of heterogeneous environmental policy instruments and market for green transformation : Empirical evidence from China's metal sector.
In: Energy Economics. Vol. 1066735 (July 2023) Issue 123 . - 106735.
ISSN 1873-6181
DOI der Verlagsversion: https://doi.org/10.1016/j.eneco.2023.106735

	Format: PDF Name: 2023-07_Optimum combination of heterogeneus.pdf Version: Published Version Available under License Creative Commons BY 4.0: Attribution
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Project information

Project financing:	Andere

Abstract

Based on the new structural economics view that the combination of effective governments and efficient markets is the fundamental path to high-quality development, this study investigates how heterogeneous environmental policy instruments combine with marketization to improve the total factor energy-environmental efficiency (TFEEE) in China's metal sector. Utilizing the provincial panel data from 2006 to 2019, a super-efficiency slacks-based measure data envelopment analysis (SBM-DEA) integrated with the global Malmquist-Luenberger (GML) index is employed to estimate the energy-environmental efficiency and its dynamic changes. The evaluation results imply a significant increasing trend in the energy-environmental efficiency, but the overall level is rather low with disparities between sub-sectors and different regions. Using a dynamic panel threshold model, the “strong” version of the Porter Hypothesis is validated that command-and-control environmental policy (CEP), market-incentive environmental policy (MEP), and voluntary environmental policy (VEP) have an optimum stringency range to induce TFEEE growth, while the impact modes are drastically diverse. Further study verifies that higher marketization is conducive to triggering the facilitation effect of heterogeneous environmental policy instruments on the TFEEE but with completely different threshold values of marketization, which decrease sequentially corresponding to VEP, CEP, and MEP.

Further data

Item Type:	Article in a journal
Keywords:	Energy-environmental efficiency; Heterogeneous environmental policy instruments Marketization; Dynamic panel threshold model; Provincial metal sector
DDC Subjects:	600 Technology, medicine, applied sciences > 620 Engineering
Institutions of the University:	Faculties > Faculty of Engineering Science Faculties > Faculty of Engineering Science > Lehrstuhl Ökologische Ressourcentechnologie > Lehrstuhl Ökologische Ressourcentechnologie - Univ.-Prof. Dr.-Ing. Christoph Helbig Faculties Faculties > Faculty of Engineering Science > Lehrstuhl Ökologische Ressourcentechnologie
Language:	English
Originates at UBT:	No
URN:	urn:nbn:de:bvb:703-epub-8975-2
Date Deposited:	16 Mar 2026 08:22
Last Modified:	16 Mar 2026 08:23
URI:	https://epub.uni-bayreuth.de/id/eprint/8975

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