Postgraduate Student, Marketing Department, Sumy State University, Ukraine
The article examines approaches to the analysis of factors that influence the difference between capacity and current energy production in the country, that is, the gap in energy efficiency in the economy. To investigate the main trends in the theory of energy efficiency and energy conservation, a bibliometric analysis was carried out (using VOSViewer v.1.6.10 toolkit), the object of which was 1428 scientific articles in publications indexed by the Scopus scientometric database. The analysis showed that in 2019, scientists published 1.5 times more work on the subject than in 2005, and revealed five clusters of scientists who investigated the problems of the connection between institutional determinants and lack of electricity in the country. The research hypothesis is to test the impact of institutional determinants on the energy efficiency gap in the economy. For the assessment of institutional determinants, such indicators of public administration effectiveness as: “rule of law”, “government efficiency”, “political stability and the absence of violence / terrorism”, “quality of regulatory activity” and “anti-corruption” have been used. The source of statistical information is the Worldwide Governance Indicator Global Eurojustice Reports and Eurostat data, the Pedroni co-integration test and the least-squares method, the calculations were made using EViews 11. Objects of study are EU and Ukraine, period for analysis – 2009-2018. The findings confirmed the statistically significant impact of institutional determinants on the energy efficiency gap in the economy: increasing government efficiency and political stability by 1 mind. units leads to a reduction in the energy efficiency gap of 0.47 and 0.54 dm. units in accordance. It has been empirically proven that improving the quality of regulatory activity and improving the rule of law in Ukraine is one mind. units causes energy efficiency gains of 0.34 and 0.41 dm. units in accordance. The results of the study can be used by state and local authorities to improve the country’s energy efficiency and energy efficiency systems.
Keywords: energy balance, renewable energy sources, energy gap, corruption, quality of public administration, political stability, government efficiency, energy efficiency, energy conservation, institutional determinants.
JEL Classification: O13, P18, P28, P48, Q42, Q43.
Cite as: Pavlyk, V. (2020). Institutional Determinants Of Assessing Energy Efficiency Gaps In The National Economy. SocioEconomic Challenges, 4(1), 122-128. http://doi.org/10.21272/sec.4(1).122-128.2020.
- Alberini, A. (2019). Revealed versus stated preferences: What have we learned about valuation and behavior? Review of Environmental Economics and Policy, 13(2), 283-298. doi:10.1093/reep/rez010
- Broberg, T., Egüez, A., & Kažukauskas, A. (2019). Effects of energy performance certificates on investment: A quasi-natural experiment approach. Energy Economics, 84 doi: 10.1016/j.eneco.2019.104480
- Chygryn, O. Yu., & Krasniak, V. S. (2015). Theoretical and applied aspects of the development of environmental investment in Ukraine. Marketing and Management of Innovations, (3), 226–234. http://mmi.fem.sumdu.edu.ua/en/journals/2015/3/226-234
- Chygryn, O., Pimonenko, T., Luylyov, O., & Goncharova, A. (2018). Green Bonds like the Incentive Instrument for Cleaner Production at the Government and Corporate Levels Experience from EU to Ukraine. Journal of Advanced Research in Management, 9(7), 1443-1456. https://doi.org/10.14505//jemt.v9.7(31).09
- Dunlop, T. (2019). Mind the gap: A social sciences review of energy efficiency. Energy Research and Social Science, 56. doi: https://doi.org/10.1016/j.erss.2019.05.026
- Eurostat. (2019). Energy efficiency. Available at: https://ec.europa.eu/eurostat/cache/metadata/EN/nrg_ind_eff_esms.htm
- Kaufmann Daniel, Kraay Aart and Mastruzzi Massimo (2010-2019). “The Worldwide Governance Indicators : A Summary of Methodology, Data and Analytical Issues”. World Bank Policy Research Working Paper No. 5430. Available at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1682130
- Konur, O., Bayraktar, M., Pamik, M., Kuleyin, B., & Nuran, M. (2019). The energy efficiency gap in turkish maritime transportation. Polish Maritime Research, 26(3), 98-106. doi: https://doi.org/10.2478/pomr-2019-0050
- Kwilinski, A. (2018). Mechanism of modernisation of industrial sphere of industrial enterprise in accordance with requirements of the information economy. Marketing and Management of Innovations, (4), 117. http://doi.org/10.21272/mmi.2018.4-11
- Lyulyov, O., Chygryn, O., & Pimonenko, T. (2018). National brand as a marketing determinant of macroeconomic stability. Marketing and Management of Innovations, (3), 142–152. https://doi.org/10.21272/mmi.2018.3-12
- Newell, R. G., Jaffe, A. B., & Stavins, R. N. (1999). The induced innovation hypothesis and energy-saving technological change. Quarterly Journal of Economics, 114(3), 941-975. doi: https://doi.org/10.1162/003355399556188
- Omer, A. M. (2008). Energy, environment and sustainable development. Renewable and Sustainable Energy Reviews, 12(9), 2265-2300. doi: https://doi.org/10.1016/j.rser.2007.05.001
- Pimonenko, T., Lyulyov, O., Chygryn, O., & Palienko, M. (2018). Environmental Performance Index: relation between social and economic welfare of the countries. Environmental Economics, 9(3), 1. Doi: 10.21511/ee.09(3).2018.01
- Şengül, Ü., Eren, M., Eslamian Shiraz, S., Gezder, V., & Sengül, A. B. (2015). Fuzzy TOPSIS method for ranking renewable energy supply systems in turkey. Renewable Energy, 75, 617-625. doi: https://doi.org/10.1016/j.renene.2014.10.045
- Wang, Q., & Yuan, Q. (2020). Energy-saving and emission reduction potential of the tobacco industry: A case study of Сhina’s 18 cigarette enterprises. Journal of Cleaner Production, 244 doi: 10.1016/j.jclepro.2019.118429
- Yevdokimov, Y., Chygryn, O., Pimonenko, T., & Lyulyov, O. (2018). Biogas as an alternative energy resource for Ukrainian companies: EU experience. Innov. Mark, 14, 7-15. https://doi.org/10.3390/en12203891