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Title Does smart city policy improve energy efficiency? Evidence from a quasi-natural experiment in China
ID_Doc 36993
Authors Yu, YT; Zhang, N
Title Does smart city policy improve energy efficiency? Evidence from a quasi-natural experiment in China
Year 2019
Published
Abstract This paper investigates the effect of the implementation of smart city policy (SCP) on energy efficiency (EE) in China. For this purpose, we have developed a non-convex metafrontier data envelopment analysis (DEA) approach to measure EE, and empirically examine the impacts of SCP on China's EE using Difference-in-Differences (DID) analysis, using a dataset of 251 cities between 2003 and 2016. Results show that there exists significant regional heterogeneity across cities, with the SCP exerting a significant positive effect on EE, indicating that the SCP can effectively improve EE during the study period. These findings are robust to different sub-sample, energy efficiency alternative measures, estimation strategies, and Baidu Search Index. Based on empirical results, the implications of SCP are outlined. (C) 2019 Elsevier Ltd. All rights reserved.
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