scholarly journals ENERGY EFFICIENCY AS AN ECONOMIC POTENTIAL DEVELOPMENT OF THE COUNTRY

2021 ◽  
Vol 137 (3) ◽  
pp. 52-61
Author(s):  
KVACH Yaroslav ◽  
KUZMYNCHUK Nataliia ◽  
KUTSENKO Tetiana
Keyword(s):  
Economic Growth ◽  
Energy Efficiency ◽  
Economic Development ◽  
Electricity Market ◽  
Energy Efficient ◽  
Energy Intensity ◽  
Economic Recession ◽  
Energy Resources ◽  
Domestic Economy ◽  
Theoretical Foundations

Background. The energy sector in the structure of the domestic economy remains one of the most vulnerable sectors of the domestic economy. Therefore, solving the problem of reducing energy intensity and energy efficiency of the domestic economy will solve the problem of economic growth of the domestic economy in a global recession due to the effects of the coronavirus pandemic and restrictive measures, which significantly reduced national production. Analysis of recent research and publications. Despite a wide range of research on energy conservation and energy efficiency, most of them are limited to general recom­mendations for sustainable development of the national economy. The aim of this article is to develop the theoretical foundations of energy efficiency as a factor in increasing the financial potential and intensification of economic development of the domestic economy in terms of the need to overcome the effects of the global economic recession. The aim of the paper is to develop theoretical foundations of energy efficiency as a factor of increasing the financial potential and intensification of economic development of the domestic economy while there is the need to overcome the effects of the global economic recession. Materials and methods. The information base of the study were scientific public­cations of foreign and domestic scientists in the field of research on the development of the electricity market, areas of energy efficiency. The research was conducted using such general scientific methods as: generalization and comparison; deductive and inductive analysis; method of statistical analysis to identify and summarize trends in the electricity market, the choice of areas of energy efficiency and the development of energy saving measures. Results. The article presents the results of a study of energy efficiency and energy saving as a basis for economic growth of the domestic economy in terms of overcoming the effects of the global economic crisis. The reasons for the high energy intensity of GDP, which poses a threat to the country’s national security, in particular in the energy sector, have been identified. Conclusion. The necessity of transformation of the electricity market on the prin­ciples of market pricing, energy efficient and energy efficient use and consumption of energy resources, implementation of energy efficiency programs and use of renewable energy sources is proved. Prospects for further research are the development and implementation of modern tools for implementing energy efficient and energy efficient use and consumption of energy resources.

Does total factor productivity affect the energy efficiency

2020 ◽  
Vol 14 (1) ◽  
pp. 108-125 ◽  
Author(s):  
Salman Haider ◽  
Javed Ahmad Bhat
Keyword(s):  
Energy Efficiency ◽  
Environmental Sustainability ◽  
Energy Efficient ◽  
Energy Intensity ◽  
Paper Industry ◽  
Labour Productivity ◽  
Efficient Technology ◽  
Content Type ◽  
Efficiency Performance ◽  
Energy Efficient Technology

Purpose Because of growing energy consumption and increasing absolute CO2 emissions, the recent calibrations about the environmental sustainability across the globe have mandated to achieve the minimal energy consumption through employing energy-efficient technology. This study aims to estimate linkage between simple measure of energy efficiency indicator that is reciprocal of energy intensity and total factor productivity (TFP) in case of Indian paper industry for 21 major states. In addition, the study incorporates the other control variables like labour productivity, capital utilization and structure of paper industry to scrutinize their likely impact on energy efficiency performance of the industry. Design/methodology/approach To derive the plausible estimates of TFP, the study applies the much celebrated Levinsohn and Petrin (2003) methodology. Using the regional level data for the period 2001-2013, the study employs instrumental variable-generalized method of moments (GMM-IV) technique to examine the nature of relationship among the variables involved in the analysis. Findings An elementary examination of energy intensity shows that not all states are equally energy intensive. States like Goa, Rajasthan, Jharkhand and Tamil Nadu are less energy intensive, whereas Uttar Pradesh, Kerala, Chhattisgarh, Assam and Punjab are most energy-intensive states on the basis of their state averages over the whole study period. The results estimated through GMM-IV show that increasing level of TFP is associated with lower level of energy per unit of output. Along this better skills and capacity utilization are also found to have positive impact on energy efficiency performance of industry. However, the potential heterogeneity within the structure of industry itself is found responsible for its higher energy intensity. Practical implications States should ensure and undertake substantial investment projects in the research and development of energy-efficient technology and that targeted allocations could be reinforced for more fruitful results. Factors aiming at improving the labour productivity should be given extra emphasis together with capital deepening and widening, needed for energy conservation and environmental sustainability. Given the dependence of structure of paper industry on the multitude of factors like regional inequality, economic growth, industrial structure and the resource endowment together with the issues of fragmented sizes, poor infrastructure and availability and affordability of raw materials etc., states should actively promote the coordination and cooperation among themselves to reap the benefits of technological advancements through technological spill overs. In addition, owing to their respective state autonomies, state governments should set their own energy saving targets by taking into account the respective potentials and opportunities for the different industries. Despite the requirement of energy-efficient innovations, however, the cons of technological advancements and the legal frameworks on the employment structure and distributional status should be taken care of before their adoption and execution. Originality/value To the best of our knowledge, this is the first study that empirically examines the linkage between energy efficiency and TFP in case of Indian paper industry. The application of improved methods like Levinsohn and Petrin (2003) to derive the TFP measure and the use of GMM-IV to account for potential econometric problems like that of endogeneity will again add to the novelty of study.

scholarly journals Energy Price and Energy Efficiency in China: A Linear and Nonlinear Empirical Investigation

Energies ◽  
2020 ◽  
Vol 13 (16) ◽  
pp. 4068 ◽  
Author(s):  
Peng Hou ◽  
Yilin Li ◽  
Yong Tan ◽  
Yuanjie Hou
Keyword(s):  
Economic Growth ◽  
Growth Rate ◽  
Energy Efficiency ◽  
Economic Development ◽  
Energy Price ◽  
Effect Analysis ◽  
Economic Growth Rate ◽  
Development Level ◽  
Linear And Nonlinear ◽  
The Impact

The empirical conclusions regarding the relationship between energy price and energy efficiency are relatively mixed. This paper systematically examines the influence of energy price on energy efficiency in China based on data from 30 provinces between 2003 and 2017, using linear and nonlinear effect analysis. We found that the impact of energy price on energy efficiency in China was positive in general. However, there existed heterogeneous effects of energy price on energy efficiency in various regions, and the effect differed with differences in energy efficiency levels based on the panel quantile regression analysis. Finally, the nonlinear effect analysis based on the panel threshold model indicated that the effect of energy price on energy efficiency increased with the rise of the environmental regulation level and economic growth rate, while it decreased with the ascent of the degree of energy price distortion and economic development level. In particular, when the value of a region’s economic development level and economic growth rate was within a certain range, the impact was not statistically significant. Overall, these findings contribute to a deeper understanding regarding the effect of energy price on energy efficiency in China.

scholarly journals Examining the Asymmetric Nexus between Energy Consumption, Technological Innovation, and Economic Growth; Does Energy Consumption and Technology Boost Economic Development?

2020 ◽  
Vol 12 (21) ◽  
pp. 8867
Author(s):  
Ayoub Zeraibi ◽  
Daniel Balsalobre-Lorente ◽  
Khurram Shehzad
Keyword(s):  
Economic Growth ◽  
Energy Efficiency ◽  
Sustainable Development ◽  
Energy Consumption ◽  
Technological Innovation ◽  
Energy Efficient ◽  
Chinese Government ◽  
Significant Step ◽  
Asymmetric Connection ◽  
Econometric Approach

This study aims to explore the connection between the potential effects of energy consumption and technological innovation on economic growth in China from 1980 to 2018. The Non-Linear Autoregressive Distributive Lag (NARDL) econometric approach reveals an asymmetric connection between technological innovation, energy consumption, and economic growth in China from 1980 to 2018. The empirical results also reveal that a 1% decrease in energy consumption would imperatively decline economic growth by 12.5%. Moreover, a 1% upsurge in trademark applications improves economic growth by 8.2%. For the case of China, this study reveals that a large portion of the energy was used by families, which is regarded as a non-contributing element to the economy of China. This study suggests that the promotion and production of energy-efficient processes and products is necessary in order to make a more significant step toward sustainable development. The empirical findings also suggest that the Chinese government should regulate suitable policies aimed at promoting energy efficiency and the control of inefficient energy uses.

scholarly journals Analysis of Factors Influencing Carbon Emissions in the Energy Base, Xinjiang Autonomous Region, China

2020 ◽  
Vol 12 (3) ◽  
pp. 1089
Author(s):  
Jiancheng Qin ◽  
Hui Tao ◽  
Chinhsien Cheng ◽  
Karthikeyan Brindha ◽  
Minjin Zhan ◽  
...  
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Carbon Emissions ◽  
Energy Intensity ◽  
Economic Structure ◽  
Energy Structure ◽  
Intensity Effect ◽  
Entire Energy ◽  
Key Factor ◽  
Main Factors

Analyzing the driving factors of regional carbon emissions is important for achieving emissions reduction. Based on the Kaya identity and Logarithmic Mean Divisia Index method, we analyzed the effect of population, economic development, energy intensity, renewable energy penetration, and coefficient on carbon emissions during 1990–2016. Afterwards, we analyzed the contribution rate of sectors’ energy intensity effect and sectors’ economic structure effect to the entire energy intensity. The results showed that the influencing factors have different effects on carbon emissions under different stages. During 1990–2000, economic development and population were the main factors contributing to the increase in carbon emissions, and energy intensity was an important factor to curb the carbon emissions increase. The energy intensity of industry and the economic structure of agriculture were the main factors to promote the decline of entire energy intensity. During 2001–2010, economic growth and emission coefficient were the main drivers to escalate the carbon emissions, and energy intensity was the key factor to offset the carbon emissions growth. The economic structure of transportation, and the energy intensity of industry and service were the main factors contributing to the decline of the entire energy intensity. During 2011–2016, economic growth and energy intensity were the main drivers of enhancing carbon emissions, while the coefficient was the key factor in curbing the growth of carbon emissions. The industry’s economic structure and transportation’s energy intensity were the main factors to promote the decline of the entire energy intensity. Finally, the suggestions of emissions reductions are put forward from the aspects of improving energy efficiency, optimizing energy structure and adjusting industrial structure etc.

scholarly journals A Novel Effective Indicator of Weighted Inter-City Human Mobility Networks to Estimate Economic Development

2019 ◽  
Vol 11 (22) ◽  
pp. 6348
Author(s):  
Jincheng Jiang ◽  
Jinsong Chen ◽  
Wei Tu ◽  
Chisheng Wang
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Human Mobility ◽  
Economic Status ◽  
Economic Trend ◽  
Economic Recession ◽  
Distinct Advantage ◽  
Coordinated Development ◽  
Outstanding Question ◽  
Hub Cities

Estimation of economic development in advance is benefit to test the validity of economic policy or to take timely remedial measures for economic recession. Due to the inevitable connections between human mobility and economic status, estimation of economic trend in advance from easily observable big data in human mobility has the superiority of authenticity, timeliness, and convenience. However, high-precision quantitative relations between human mobility and economic growth remain an outstanding question. To this issue, we firstly analyzed and compared the general patterns of human mobility and economic development; then, a novel, simple, and effective hybrid human mobility indicator ( H H M I i ) of weighted human mobility networks was proposed to quantitatively estimate economic growth. H H M I i contained two parts, that is, the interaction volumes of a given city with all participation cities and only top hub cities, respectively. This implied that the economic growth of a city is affected by not only its own strength, but also the cooperation with hub cities. Several empirical experiments demonstrated that the proposed H H M I i had an exceedingly high estimation ability of economic growth, especially for the tertiary industry. Compared with other complex network indicators, H H M I i had a distinct advantage and its best accuracy reached 0.9543. These results can provide policy-making supports for inter-city sustainable coordinated development.

scholarly journals Systematic review of energy efficiency (E.E.). Basis for an alternative vision of E.E. in Colombia

2020 ◽  
Vol 25 (2) ◽  
pp. 329-336
Author(s):  
Cristian Méndez-Rodríguez ◽  
Carlos F. Rengifo-Rodas ◽  
Juan Carlos Corrales-Muñoz ◽  
Apolinar Figueroa-Casas
Keyword(s):  
Economic Growth ◽  
Systematic Review ◽  
Energy Efficiency ◽  
Natural Resources ◽  
Environmental Impacts ◽  
Energy Resources ◽  
Systematic Mapping ◽  
Natural Energy ◽  
Alternative Vision ◽  
Research Questions

The management of natural resources, especially energy resources, is a challenge for today's society. For this reason, Energy Efficiency (E.E.) is considered as a key tool to promote economic growth, reduce the consumption of natural energy resources, and help to solve multiple environmental impacts. In this study, a systematic mapping of the literature concerning E.E. is carried out. Based on the research questions formulated in the systematic mapping, a knowledge gap is identified, which is that the problems linked to energy are not being addressed from a systemic and interdisciplinary paradigm. This calls for the development of methodological, sociological, and technological processes that allow understanding of E.E. from a systemic perspective. Finally, the basis for an alternative vision of E.E. in Colombia is proposed, which tends towards the sustainability and conservation of natural energy resources.

scholarly journals Recovery After the Covid-19 Pandemic: the Case of Peruvian Tourism

2021 ◽  
Vol 4 (1) ◽  
pp. 13
Author(s):  
Jorge Torres Zorrilla
Keyword(s):  
Economic Development ◽  
Global Economy ◽  
Economic Recession ◽  
Domestic Demand ◽  
The Other ◽  
Domestic Economy ◽  
Demand Growth ◽  
The North ◽  
External Demand ◽  
Tropical Coast

The situation Peru is facing with the global COVID-19 pandemic and the economic recession during this 2020 constitutes the worst crisis over the last 100 years. This economic recession has not happened since the crisis of 1980. GPD may decline by 15 % this year. Also, the perspective on global economy is terrible and a sharp contraction of global GDP is expected. On the other hand, the period between 2020 and 2021 will be considered as years of economic development lost. Specifically, receptive tourism in Peru is in danger of extinction because of the pandemic. Activity in the tourism market, which gives employment to 1.4 million people who are mainly women, is in total collapse. This article aims to make a proposal to help tourism sales recover their position as the most important section of service exports in Peru. The proposal is intended to encourage a non-traditional form of tourism in the tropical coast of the north of the country that should complement the traditional archeological tourism. The conclusions make emphasis on the fact that, at present, Peru is not exploiting its historical richness or using its comparative advantage in tourism, which could become a leading sector of domestic economy. Finally, our thesis is based on the notion that, from 2021 onwards, the recovery of the Peruvian economy must necessarily be based on exploiting the recovery of external demand rather than putting our trust in domestic demand growth.

scholarly journals Energy Efficient Air Curtains for Industrial Gates in Cold Climates

2021 ◽  
Vol 246 ◽  
pp. 08005
Author(s):  
A.S. Strongin ◽  
A.M. Zhivov
Keyword(s):  
Energy Efficiency ◽  
Energy Consumption ◽  
Energy Efficient ◽  
Air Conditioning ◽  
Thermal Power ◽  
Hvac Systems ◽  
Energy Resources ◽  
Cold Climates ◽  
Construction Costs ◽  
Reduce Energy Consumption

In geographical areas with cold climates, large, massively constructed industrial and warehouse buildings and logistics complexes are large consumers of energy resources. The great height and large contained volumes of the premises, the presence of a significant number of doors, and building configurations that include many transport corridors all require the use of air-thermal curtains to increase the energy efficiency of the buildings’ heating, ventilating, and air-conditioning (HVAC) systems, which commonly produce several thousand kilowatts of thermal power. Optimization of air curtains can improve the microclimates of the premises, achieve savings in the initial construction costs, and also reduce energy consumption during operation by 10–20%.

scholarly journals Research on Resource Curse Effect of Resource-Dependent Cities: Case Study of Qingyang, Jinchang and Baiyin in China

2018 ◽  
Vol 11 (1) ◽  
pp. 91 ◽  
Author(s):  
Chenyu Lu ◽  
Dai Wang ◽  
Peng Meng ◽  
Jiaqi Yang ◽  
Min Pang ◽  
...  
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Resource Curse ◽  
Economic Recession ◽  
Resource Development ◽  
Dutch Disease ◽  
Development Economic ◽  
Small Scale ◽  
Different Types

For a specific small-scale region with abundant resources, its copious resources tend to dictate the basic direction of its development, and may subsequently give rise to an industrial structure centered on the advantageous resources. This can give rise to an economic structure that lacks diversity, causing the economic development in the entire local region to fall into the dilemma of the resource curse. The present study conducts a case study from the perspective of small-scale regions, incorporating various types of resource-dependent cities in China, including Qingyang, Jinchang, and Baiyin, to interpret and analyze the resource curse effect by calculating a resource curse coefficient. Moreover, based on the regression model, the present study further discusses the empirical relations associated with the resource curse phenomenon. The results show that, regardless of whether a resource-dependent city is in the early, intermediate or late stage of its resource development, economic development is always plagued by the resource curse effect to a certain degree. Resource development cannot promote economic development, rather, it inhibits economic growth to some extent, resulting in an array of effects that are unfavorable to economic development, rendering the development unsustainable. For different types of resource-dependent cities, resource curse effect exhibits distinct characteristics. The resource curse effect is strongest for a resource-dependent city during an economic recession, is less severe during a development period, and is weakest during maturation. Resource development not only has a direct adverse impact on economic growth, but also often affects economic growth in multiple ways and on various levels through the Dutch disease effect, the crowding out effect, and the institution weakening effect. Until now, most results show that there is no obvious resource curse effect at the national and provincial level. The verification results of small-scale regions show that the resource curse effect at the city level still exists. In addition, the resource curse effect differs across different types of resource-dependent cities.

Energy efficiency in housing and socio-economic development in Nigeria

2019 ◽  
pp. 238-243
Author(s):  
Albert Olotuah A ◽  
Rukayyatu Tukur B ◽  
Kingsley Dimuna O ◽  
Abiodun Olotuah O ◽  
Olutunde Adesiji S ◽  
...  
Keyword(s):  
Energy Efficiency ◽  
Economic Development ◽  
Energy Efficient ◽  
Residential Buildings ◽  
Electricity Consumption ◽  
Electricity Supply ◽  
Low Carbon ◽  
Design Strategies ◽  
Energy Efficient Buildings ◽  
Socio Economic Development

Energy efficient houses consume less energy while maintaining or improving the comfort conditions of occupants. Energy efficient buildings result in less environmental impact and are economically and environmentally sustainable. Residential buildings account for the majority of electricity consumption in Nigeria. Because of the poor state of energy generation and transmission in Nigeria energy efficiency measures are necessary to reduce the energy required in houses. This would substantially reduce the dependence on the grid electricity supply. Energy efficient buildings have tremendous benefits in social, economic, and environmental terms. In economic terms the production of energy-efficient buildings result in growing market demand with higher quality and innovative buildings, and in social terms it leads to improved urban space and local climate, and liveable buildings. Energy efficient buildings also ensure resource efficiency, and reduction of Green House Gas emissions. Energy efficiency in buildings starts from the design of buildings, and through to construction and operation. The objective of this paper is the examination of energy efficiency in housing in Nigeria and its impact upon socio-economic development in the country. The paper focuses on energy-efficient design strategies, and initiatives to achieve low carbon emission in housing in Nigeria The paper examines the housing situation in Nigeria and the phenomenon of urbanisation which has led to unplanned urban growth, grievous housing poverty, slum formation, and near collapse of urban services and infrastructure particularly electricity supply. It affirms the need to adopt energy efficiency in housing and it examines passive design strategies and low carbon initiatives in housing construction. It takes a critical look at the adoption of sustainability practices in housing. The paper asserts that energy efficiency would enhance the growth of electricity consumption and boost the socio-economic development of the country. The paper concludes that energy efficiency is capable of engendering socio-economic development of the country particularly productivity and income growth.

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