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Energy Economy Aspect of Sustainability

A special issue of Sustainability (ISSN 2071-1050). This special issue belongs to the section "Energy Sustainability".

Deadline for manuscript submissions: 31 October 2024 | Viewed by 10939

Special Issue Editors


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Guest Editor
School of Management and Economics, Beijing Institute of Technology, Beijing 100081, China
Interests: environmental policy; ecological economics; energy economics
Special Issues, Collections and Topics in MDPI journals

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Guest Editor
School of Economics and Resource Management, Beijing Normal University, Beijing 100875, China
Interests: energy economics; resource economics; environmental policy

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Guest Editor
School of Management and Economics, Beijing Institute of Technology, Beijing 100081, China
Interests: environmental policy; ecological economics; energy economics
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

Economic development requires a lot of energy; however, the excessive consumption of energy causes environmental pollution. Due to this and to the fact that energy resources are limited, it has become increasingly important to improve energy efficiency so to control in a coordinated manner energy production and use, environment health, and economic development. The development of new energy production technologies and the improvement of energy utilization technologies can, to a certain extent, improve energy efficiency, save production costs, and reduce pollutant emissions. So far, the increase in energy demands has led to a waste of energy resources without improving their utilization, thus causing serious environmental damage. The emission of environmental pollutants has become the now unsustainable output of energy input. In fact, on the one hand, it damages the ecosystem and affects human life; on the other hand, the investment of capital, labor, technology, and other elements to control environmental pollution is hindering the economic growth. Therefore, it is necessary to find a way to improve energy efficiency and reduce the negative effects of uncontrolled energy consumption. In this respect, technological progress is an effective means to improve energy efficiency and promote sustainable development.

This Special Issue will collect selected papers presenting original and innovative contributions to the study of technological progress, green investment, digital economy, energy efficiency, and sustainable development.

Prof. Dr. Yu Hao
Prof. Dr. Shengling Zhang
Dr. Haitao Wu
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • green investment
  • total factor energy efficiency
  • digital economy
  • environmental regulation
  • ecological sustainability
  • sustainable development
  • technological progress

Published Papers (4 papers)

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Research

25 pages, 8932 KiB  
Article
Marketization of Energy Resources in China: An Environmental CGE Analysis
by Li Yang and Ya Gao
Sustainability 2024, 16(4), 1463; https://doi.org/10.3390/su16041463 - 8 Feb 2024
Viewed by 569
Abstract
This study aims to examine the effects of energy price fluctuations on China’s energy-environment-economy system under different scenarios. To achieve this, a computable general equilibrium model is constructed using the 2020 macroeconomic SAM table and microeconomic SAM tables that encompass 8 energy sectors [...] Read more.
This study aims to examine the effects of energy price fluctuations on China’s energy-environment-economy system under different scenarios. To achieve this, a computable general equilibrium model is constructed using the 2020 macroeconomic SAM table and microeconomic SAM tables that encompass 8 energy sectors and 13 intermediate sectors. The model is utilized to analyze the impacts of various policies on variables within the energy-environment-economy system. The findings indicate that an increase in energy prices will lead to a contraction effect on multiple industrial sectors and the overall macroeconomy. Higher energy prices result in elevated prices, reduced output, decreased investment, and decreased consumer spending across most industrial sectors, negatively affecting the macroeconomy. However, government regulation of secondary energy prices can mitigate the influence of primary energy prices on the national economy. Such regulation hinders the transmission of primary energy price fluctuations to downstream industrial chains, thereby alleviating its impact on different sectors and the macroeconomy to varying extents. In order to mitigate the adverse effects of energy price fluctuations, it is crucial to reduce energy consumption while promoting economic growth and enhancing resident welfare. This paper presents relevant measures and suggestions to address these challenges. Full article
(This article belongs to the Special Issue Energy Economy Aspect of Sustainability)
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18 pages, 279 KiB  
Article
The Value of Internal Control during a Crisis: Evidence from Enterprise Resilience
by Nannan Wang, Dengfeng Cui and Chengguo Jin
Sustainability 2023, 15(1), 513; https://doi.org/10.3390/su15010513 - 28 Dec 2022
Cited by 1 | Viewed by 2858
Abstract
Internal control is an important internal governance mechanism of enterprises and plays an important role in preventing and controlling corporate risks. This paper utilizes COVID-19 shocks and uses data from listed companies in China for 2019–2021 in order to study the impact of [...] Read more.
Internal control is an important internal governance mechanism of enterprises and plays an important role in preventing and controlling corporate risks. This paper utilizes COVID-19 shocks and uses data from listed companies in China for 2019–2021 in order to study the impact of internal control on enterprise resilience and its functioning mechanism. The findings show that internal control significantly improves enterprise resilience during a crisis. By using firm characteristic quantile regressions, it is found that under a crisis, larger firms with sufficient cash flow from operating activities are more protected by internal control and more resilient. Mechanistic analysis suggests that internal control further increases enterprise resilience by improving resource allocation efficiency, reducing operating risk, and increasing innovation output. Further analysis shows that government support can enhance the resilience of firms during crises through tax and fiscal policies; a better business environment enhances firms’ ability to withstand risks in crisis situations and helps them gain a competitive advantage in crisis situations. Based on this, this paper provides empirical evidence for revising and improving the internal control system of enterprises to reduce the negative impact of public health emergencies in the context of epidemics. Full article
(This article belongs to the Special Issue Energy Economy Aspect of Sustainability)
21 pages, 8970 KiB  
Article
How Do International Conflicts Impact China’s Energy Security and Economic Growth? A Case Study of the US Economic Sanctions on Iran
by Xiaoxiao Hu, Ling He and Qi Cui
Sustainability 2021, 13(12), 6903; https://doi.org/10.3390/su13126903 - 18 Jun 2021
Cited by 3 | Viewed by 3723
Abstract
International conflicts cause global energy price fluctuations and supply disruptions, which can threaten energy security and economic growth in energy-importing countries, including China. However, the implications and impact mechanisms of international conflicts on the energy security and economy of oil-importing countries have been [...] Read more.
International conflicts cause global energy price fluctuations and supply disruptions, which can threaten energy security and economic growth in energy-importing countries, including China. However, the implications and impact mechanisms of international conflicts on the energy security and economy of oil-importing countries have been poorly explored. Using US economic sanctions on Iran as a case, a global energy-extended computable general equilibrium model, GTAP-E, is employed to assess the impacts of international conflicts on China’s energy production, trade and supply, sectoral outputs, and economic growth. The results indicate that the USA–Iran tension would threaten China’s energy security, mainly due to the instability of the energy supply and the consequent upsurge of energy prices. However, if increased oil exports from other Persian Gulf countries compensate for the global oil supply shortages, China’s energy supply would be generally assured. Moreover, because of the close energy cooperation links between Iran and China, the sanctions could decrease the Chinese outputs of non-energy sectors and economic growth. Nevertheless, compared with sole-sanction situations, the results from a possible USA–Iran tension escalation, going as far as Iran’s closure of the Hormuz Strait, could pose a more serious risk to China’s energy security and economic growth. Full article
(This article belongs to the Special Issue Energy Economy Aspect of Sustainability)
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17 pages, 1999 KiB  
Article
Analysis of the Impacts of Economic Growth Targets and Marketization on Energy Efficiency: Evidence from China
by Xufeng Su, Xiaodong Yang, Jinning Zhang, Jinling Yan, Junfeng Zhao, Jianliang Shen and Qiying Ran
Sustainability 2021, 13(8), 4393; https://doi.org/10.3390/su13084393 - 15 Apr 2021
Cited by 45 | Viewed by 2702
Abstract
OEnergy efficiency is a vital factor to promote sustainable development. In this paper, the directional distance function–global Malmquist–Luenberger model (DDF-GML) is applied to measure the energy efficiency levels of 30 provinces in China from 2000 to 2017. Simultaneously, the impacts of the economic [...] Read more.
OEnergy efficiency is a vital factor to promote sustainable development. In this paper, the directional distance function–global Malmquist–Luenberger model (DDF-GML) is applied to measure the energy efficiency levels of 30 provinces in China from 2000 to 2017. Simultaneously, the impacts of the economic growth targets and marketization on energy efficiency are empirically tested using the generalized system moment estimation (SYS-GMM) and mediation effect model. The statistical results reveal that energy efficiency is on the rise every year as a whole. Mediated by marketization, economic growth targets inhibit energy efficiency by distorting marketization. Moreover, there is significant regional heterogeneity in the impacts of economic growth targets on energy efficiency. The inhibition effect of economic growth targets on energy efficiency in the eastern region is greater than in the central and western regions. The above empirical results are determined to be robust through testing. Full article
(This article belongs to the Special Issue Energy Economy Aspect of Sustainability)
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