اثرات تحریف بازار عامل و نوآوری فنی در مصرف برق چین

This study integrates neoclassical economics and institutional theory to examine the relationship between market factor distortion, technical innovation, and China's electricity consumption, using business data from China (2008–2014). First, we provide evidence that factor market distortion promotes electricity consumption of industrial enterprises in China. Secondly, we divide technical innovation into traditional technical innovation and green innovation, finding that the level of technical innovation has an inverted U-shaped effect on the electricity consumption of industrial enterprises. Further, we also provide evidence that factor market distortion amplifies the inverted U-shaped effect of the technical innovation plot. The results show that accelerating the reform of the market, and promoting green innovation, should be regarded as important strategies for national energy saving and emission reduction.