A new perspective on the U.S. energy efficiency: The political context
研究美国50个州的政治背景因素(如执政党、任期时长)如何影响能源效率,发现民主党执政更注重减少环境影响,而共和党更关注经济产出。
This paper offers a new perspective on the energy efficiency literature by bringing evidence of political contextual factors as the predictors of energy efficiency. Specifically, we posit that the Democrat administration is more energy-efficient considering the reduction of environmental impact, in contrast, the Republican administration is more efficient considering only financial expenditures leading to the production of economic growth. In addition, we predict that political administration tenure is negatively correlated with green energy efficiency and that political distancing moderates the relationship between political party administration and energy efficiency. This study sheds light on these matters by performing an efficiency analysis of fifty North American states through a bootstrap DEA non-parametric model, followed by Tobit regressions to evaluate our hypotheses concerning the effect of the contextual factors on the calculated efficiency scores.