Pathway to prosperity? The impact of low-carbon energy transition on China's common prosperity

A-Tier
Journal: Energy Economics
Year: 2023
Volume: 124
Issue: C

Authors (3)

Liu, Yang (not in RePEc) Dong, Xiucheng (not in RePEc) Dong, Kangyin (University of International Bu...)

Score contribution per author:

1.345 = (α=2.02 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Given the ongoing low-carbon energy transition in China, the social, economic, and environmental consequences of this transition cannot be overlooked. Achieving common prosperity is a key component of China's agenda, so it is important to consider the potential nexus between common prosperity and the low-carbon energy transition. Therefore, this study first offers a new comprehensive measure of common prosperity. Furthermore, we examine the impact of the low-carbon energy transition on common prosperity by applying the system-generalized method of moments (SYS-GMM) approach. The key conclusions reached regarding the impact of the low-carbon energy transition on common prosperity are: (1) the degree of common prosperity has continued to increase between 2006 and 2019; (2) the low-carbon energy transition significantly promotes common prosperity; (3) the low-carbon energy transition indirectly promotes common prosperity by expanding gross fixed capital formation, improving labor productivity, and promoting industrial structure upgrading; and (4) the low-carbon energy transition has a significantly stronger impact on common prosperity in provinces with higher levels of low-carbon energy transition and common prosperity. Finally, we suggest several policy implications for promoting low-carbon energy transition and common prosperity.

Technical Details

RePEc Handle
repec:eee:eneeco:v:124:y:2023:i:c:s0140988323003171
Journal Field
Energy
Author Count
3
Added to Database
2026-01-25