Development of New Products and Energy Consumption in Industrial Production: Relationship and Evidence From China

Will energy consumption decrease when producers implement some innovative activities in industrial production? As a special but important innovation, how development of new products impacts is valuable issue. This study proposes model to analyze the relationship and finds that production probably increases total intensity by output simultaneously since productivity producing may be lower than those existing goods with mature processes production. Producers develop cleaner technology saving or/and higher initial possible consumption. After theoretical analysis, this empirically tests correlation between using 2016–2019 data Chinese industry reveals increased production, decreased usage final product as gasoline. These findings indicate sector developed only The effect implementing was very limited China. consumes huge amounts spends lot money on products; policy makers vision green need balance