Is the Low-carbon Economy Efficient in China?

http://doi.org/10.62220/j.ssbpa.2024.01.005

Yuting Deng, Yalin Duan

ABSTRACT

China has been actively advancing towards a low-carbon economy (LCE), emphasizing the importance of evaluating its efficiency. This study utilizes panel data from 30 regions in China spanning 2005 to 2021. It integrates economic scale and carbon emissions in assessing low-carbon economy efficiency (LCEE) through the Super-slack-based Measure model and analyzes the evolving LCEE dynamics across these regions using the Malmquist Productivity Index. The findings reveal widespread low-carbon economic inefficiencies in these regions, with notable performance disparities in LCEE. Particularly, high-performing regions are predominantly situated in eastern China. Additionally, China has made significant strides in enhancing LCEE performance.

KEYWORDS

LCEE; Super-SBM; China; Malmquist; Productivity Index