Abstract
Policymakers around the world are confronted with the challenge of balancing between economic development and environmental friendliness, which entails a robust set of measures in energy efficiency and environmental protection. The increasing complexity of these issues has imposed pressure on the Asian countries that have been acting as global factories. This paper proposes a meta-frontier slacks-based measure (SBM) data envelopment analysis (DEA) model, with the hope that policymakers clarify the relationship between labor force, energy consumption, government expenditures, GDP, and CO2 emissions. Clarification of the causal relationship can serve as a template for policy decisions and ease concerns regarding the potential adverse effects of carbon reduction and energy efficiency on the economy. The results show: (1) Developing countries should establish their own climate change governance and policy frameworks; (2) Developed economies should seek to lower carbon emissions; (3) Energy policies play a pivotal role in energy efficiency improvement; (4) Top-down efforts are critical for the success of carbon reduction policies; (5) Learning from the success of developed countries helps to improve the effectiveness of energy policies; (6) Environmental policies should be formulated, and new production technologies, pollution prevention measures, and treatment methods should be introduced; (7) Governments are suggested to build long-term independent management institutions to promote energy cooperation and exchange.
Highlights
The human race has fought with nature for survival and a better life, and as a consequence, the human factor has become one of the causes of environmental changes
Dasgupta et al [30], and Lozano and Gutierrez [31] applied the data envelopment analysis (DEA) method to examine the relationship among energy consumption, gross domestic product (GDP), and CO2 emissions, and the empirical results suggested that GDP growth and greenhouse gas reductions can be simultaneously achieved with high energy efficiency
This paper explores the variances between groups and meta-efficiency values; differing from existing literature, this paper refers to European and Asian countries as the benchmarks, employs the DEA method to examine the efficiency of the inputs required for GDP growth, and takes the level of CO2 emissions as undesirable outputs
Summary
The human race has fought with nature for survival and a better life, and as a consequence, the human factor has become one of the causes of environmental changes. The problem confronting the policymakers of all countries is how to formulate a set of effective policies regarding environmental protection and energy conservation in the pursuit of economic development. This involves a wide range of decision-making factors, such as energy consumption and environmental issues, which significantly increases the complexity of policymaking [6]. There are both differences and similarities in the environments of energy development between European and Asian countries. They can serve as important references for the decision-makers of different governments in their formulation of policies
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
