Energy–economic transition and total factor productivity: empirical evidence from China
Baoshuai Yao
Promoting energy economic transition is a critical pathway for achieving high-quality economic growth and improving total factor productivity (TFP), especially in the context of China’s carbon peaking and carbon neutrality goals. Based on panel data of Chinese prefecture-level cities, this study constructs a comprehensive index to measure the level of energy economic transition and empirically examines its impact on total factor productivity. Using a two-way fixed effects model and a threshold r