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Spatial characteristics and dynamic differences of power industry's low carbon transition efficiency
Chaoyong Qin1,2, Yizheng Liang1,2, Yun Cao3,4
1School of Business, Guangxi University, Nanning, 530004, China.
Abstract:
The power industry's low carbon transition is pivotal for achieving carbon reduction and sustainable development. This study uses the super epsilon-based measurement (Super-EBM) model and the Malmquist index to evaluate the power industry's low carbon transition efficiency using data from 30 provinces in China from 2010 to 2020, and utilizes the Tobit model to comprehensively analyze the factors affecting the low carbon transition of power industry. In addition, this paper examines the spatial differences in the power industry's low carbon transition efficiency as well as its distributional characteristics and dynamic evolutionary patterns. Conclusion is drawn as follows this paper analyzes the regional differences, spatial distribution characteristics and dynamic evolutionary trends of the power industry's low carbon transition. The main conclusions are as follows: (1) The power industry's low carbon transition efficiency in China shows an uptrend, with the western China region having the highest overall level of efficiency, greater fluctuations in the central China region, and more stability in the eastern China region, technological progress is a central factor in increasing total factor productivity, the efficiency of the power industry's low carbon transition is positively influenced by the electricity prices, and negatively influenced by the energy structure, environmental regulations and economic structure; (2) the Intraregional differences and hypervariable density are the main reasons sources of the overall differences in the efficiency of the power industry's low carbon transition; Intraregional differences in the eastern, central, and western China regions are decreasing year by year, but the efficiency of the power industry's low carbon transition in the western China region is still distributed in a multipolar way; (3) The dynamic evolutionary trends of the efficiency distribution of the low carbon transition in power industry is influenced by the type of spatial lag in the neighboring area. Where areas with low efficiency makes it difficult to achieve short-term leapfrog development, and areas with a cluster of high-efficiency provinces are prone to "Siphon Effect". The findings provide a theoretical basis for promoting the efficiency of the power industry's low carbon transition and coordinating the strategic adjustment of economic and environmental green development.
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