气候变化领域集成服务门户(CCPortal): Financial development, technological innovation and energy security: Evidence from Chinese provincial experience

CCPortal

DOI	10.1016/j.eneco.2022.106161
	Financial development, technological innovation and energy security: Evidence from Chinese provincial experience
	Lee, Chien-Chiang; Wang, Chang-song
发表日期	2022
ISSN	0140-9883
EISSN	1873-6181
卷号	112
英文摘要	Rapid growth in the demand for global energy has raised concerns about energy security and climate change. Based on statistical data of 30 provinces in China from 2000 to 2018, this paper takes energy security as the focus, adopting a fixed effect model, random effect model, instrumental variable estimation, and panel threshold model to systematically verify the influence of the relationship between financial development, technological innovation, and their interaction term on energy security. Through a series of empirical analyses, endogeneity tests, and robustness tests, the findings suggest that China's energy security is enhanced by financial develop-ment and technological innovation. Specifically, financial development can improve energy security through technological innovation. At the same time, there is a nonlinear threshold effect between financial development and energy security due to differences in technological innovation between regions. Further heterogeneity analysis shows that the constraint of technological innovation is significantly supported in coastal regions and regions with low capital stock. The empirical results of this paper provide policy recommendations and empirical insights for China's energy security.
英文关键词	Energy security; Financial development; Technological innovation; China
语种	英语
WOS研究方向	Economics
WOS类目	Social Science Citation Index (SSCI)
WOS记录号	WOS:000957492000006
来源期刊	ENERGY ECONOMICS
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/280878
作者单位	Nanchang University; Nanchang University; Jiangxi Academy of Agricultural Sciences
推荐引用方式 GB/T 7714	Lee, Chien-Chiang,Wang, Chang-song. Financial development, technological innovation and energy security: Evidence from Chinese provincial experience[J],2022,112.
APA	Lee, Chien-Chiang,&Wang, Chang-song.(2022).Financial development, technological innovation and energy security: Evidence from Chinese provincial experience.ENERGY ECONOMICS,112.
MLA	Lee, Chien-Chiang,et al."Financial development, technological innovation and energy security: Evidence from Chinese provincial experience".ENERGY ECONOMICS 112(2022).