Does market segmentation necessarily discourage energy efficiency?
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- Record sourced from PubMed, PMID 32437475.
- Also identified by DOI 10.1371/journal.pone.0233061 and PMC identifier 7241797.
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Abstract
Prior research tends to propose and examine the negative relationship between market segmentation and energy efficiency. Does market segmentation necessarily impair energy efficiency? Considering the critical role that Chinaese government play in managing erergy efficiency, we propose a non-linear relationship between market segmentation and energy efficiency. Using data of 30 provinces in Mainland China during 2000 to 2017, we find an inverse U-shaped relationship between market segmentation and energy efficiency. Our findings remain robust after controlling endogeneity issues. Therefore, a moderate level of market segmentation is acceptable and beneficial for long-term improvement of energy efficiency in emerging economies.
Medical subject headings
- Economic Development
- Energy-Generating Resources