Study on the Impact of Energy Structure Optimization on the High-quality Development of China's Economy

Abstract

Abstract: Energy is an important factor related to the national economic lifeline and social stability, and its structural optimization is of significant significance for promoting high-quality economic development in China. This paper takes data from 30 provinces in China from 2007 to 2020 as samples and uses a systematic GMM model to explore the impact of energy structure optimization on high-quality economic development from both supply and demand sides. The study finds that energy production structure and consumption structure optimization have a significant positive impact on high-quality economic development in China; There are positive government governance effects and energy investment effects on the supply side and demand side, respectively; There is regional heterogeneity in the impact of energy structure optimization on high-quality economic development in China. Among them, the promotion effect of energy production structure optimization on high-quality economic development is significant in the central region, while the promotion effect of energy consumption structure optimization is significant in the eastern and central regions. In summary, this study not only provides strong empirical support for the positive role of energy structure optimization in promoting high-quality economic development, but also provides useful reference and inspiration for continuing to deepen the energy revolution and promote higher quality economic development in China.

Key words: energy structure optimization, high-quality economic development, system-GMM

Feng Mei, Wei Tao, Lan Lan, Chen Yiqing. Study on the Impact of Energy Structure Optimization on the High-quality Development of China's Economy[J]. Management Review, 2025, 37(4): 33-45.

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