Publication:
Assessing the impact of green fiscal policies and energy poverty on energy efficiency
Assessing the impact of green fiscal policies and energy poverty on energy efficiency
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Date
2021
Authors
Fengsheng Chien
Ching-Chi Hsu
YunQian Zhang
Tai Duc Tran
Li Li
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Research Projects
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Abstract
This article estimates the ties between green fiscal policies and energy efficiency in COVID-19 era. For this purpose, data
envelopment analysis (DEA) approach is considered and applied. The study findings show that green fiscal policies, such as
public supports and tax rebates, have significant role in reducing energy poverty of different international countries by advancing
energy efficiency. Therefore, a panel data ranging from 2010 to 2020 is used. Our findings indicate that the aggregate degree of
green fiscal policies help to decline energy poverty. Renewable energy companies had larger series of net fiscal competence and
size efficiency, and their levels of energy efficiency were greater than 0.457%, with the 16%effect of current public supports and
11% effect of taxation rebates supported to diminish energy poverty with 29.7% in different international economies. This is a
positive effect by green fiscal policies. The study also presented policy implications suggesting effectively implementing green
fiscal policies for more efficient carbon reduction and making climate change supportive for peoples in post COVID-19 period.
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Keywords
Green fiscal policies,
Energy efficiency,
COVID-19 era,
Financing efficiency,
Fiscal restructuring