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Impact of endogenous power factors and price marketization on agricultural energy efficiency: Based on the use of coal and oil energy in China

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  • Zhang, Ming
  • Du, Panpan
  • Jiang, Lixia

Abstract

In the face of the enormous challenge of climate change and environmental pollution, improving energy efficiency is currently the best option for achieving economic green recovery. Using generalized method of moments estimation of dynamic panel data models, we examined the effects of endogenous power factors (e.g., farmers' human capital, invention patents, and agricultural digitalization) on agricultural energy efficiency, as well as the moderating role of price marketization therein. The results show that farmers’ human capital and agricultural invention patents cannot significantly improve agricultural energy efficiency, whereas agricultural digitalization promotes it obviously. Meanwhile, price marketization has played an important role in improving agricultural energy efficiency. Moreover, the higher the price marketization level, the more significant the role of endogenous power factors in improving agricultural energy efficiency.

Suggested Citation

  • Zhang, Ming & Du, Panpan & Jiang, Lixia, 2023. "Impact of endogenous power factors and price marketization on agricultural energy efficiency: Based on the use of coal and oil energy in China," Resources Policy, Elsevier, vol. 83(C).
    • Handle: RePEc:eee:jrpoli:v:83:y:2023:i:c:s0301420723003641
    DOI: 10.1016/j.resourpol.2023.103653
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    1. Yang Qi & Mingyue Gao & Haoyu Wang & Huijie Ding & Jianxu Liu & Songsak Sriboonchitta, 2023. "Does Marketization Promote High-Quality Agricultural Development in China?," Sustainability, MDPI, vol. 15(12), pages 1-28, June.

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    More about this item

    Keywords

    Agricultural energy efficiency; Endogenous power factors; Price marketization; Agricultural digitalization; Moderating role;
    All these keywords.

    JEL classification:

    • Q34 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Natural Resources and Domestic and International Conflicts
    • Q38 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Government Policy (includes OPEC Policy)
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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