Towards common prosperity: The role of mitigating energy inequality

Yang Liu, Junying Du (Corresponding Author), Kun Wang

Research output: Journal article publicationJournal articleAcademic researchpeer-review

2 Citations (Scopus)

Abstract

China's economy is growing at an impressive pace, but it also reveals some issues with uneven and inadequate development. This is particularly evident in the energy sector, where renewable energy is making rapid progress, but energy inequality remains a persistent concern that could impede efforts to achieve common prosperity. This paper analyzes the challenges posed by energy inequality to achieving common prosperity in China. This study analyzes the influence of energy inequality on common prosperity using the system-generalized method of moments (SYS-GMM) technique. The study results indicate that energy inequality has a significant negative impact on common prosperity. This Research also conducts a mechanism analysis, which demonstrates that energy inequality has an indirect impact on reducing common prosperity by decreasing labor productivity and increasing air pollution. In addition, the heterogeneity analysis also shows that in regions with high levels of energy inequality and high levels of common prosperity, as well as in western regions, the problem of energy inequality has a more significant obstructive effect on achieving common prosperity. Drawing from the findings, this study suggests several policy implications that the Chinese government can implement to address energy inequality and promote common prosperity.

Original languageEnglish
Article number114386
Number of pages10
JournalEnergy Policy
Volume195
DOIs
Publication statusPublished - Dec 2024

Keywords

  • Air pollution
  • China
  • Common prosperity
  • Energy inequality
  • Labor productivity

ASJC Scopus subject areas

  • General Energy
  • Management, Monitoring, Policy and Law

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