期刊名称:American Journal of Industrial and Business Management
印刷版ISSN:2164-5167
电子版ISSN:2164-5175
出版年度:2021
卷号:11
期号:6
页码:599-610
DOI:10.4236/ajibm.2021.116038
语种:English
出版社:Scientific Research Publishing
摘要:This study explores the effect of human capital on energy efficiency in a panel of developing countries from 1990 to 2017. Using the stochastic frontier model and the energy demand function, our results show that human capital can increase energy efficiency. Even after controlling for certain factors, the variable for human capital result remains unchanged. With regards to the controls, green innovation increased energy efficiency, while institutional quality showed an insignificant relation with energy efficiency. In general, the research results show that one essential positive externality of human capital development is that it promotes a greener future through energy conservation. Our findings can provide policymakers and governments with good reasons why more attention should be paid to human capital development to stimulate energy efficiency and a green future.
关键词:Human Capital;Energy Efficiency;Stochastic Frontier Analysis;Energy Demand Function