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The Spatial Spillover Effect of Energy Insecurity on the Total Factor Productivity of the Iron and Steel Industry: Does Industrial Agglomeration Matter? SUN Xiaojie, GE Zehui, Guo Zhiyuan 能源不安全对钢铁产业全要素生产率的空间溢出效应：产业集聚是否具有重要影响？ 孙小杰，葛泽慧，郭志远 DOI: 10.5814/j.issn.1674-764x.2025.02.009 Abstract: The spatial spillover effect of energy insecurity on total factor productivity in the iron and steel industry, as well as the potential moderating role of industrial agglomeration, remains poorly understood. This study investigated the spatial spillover effect of energy security on total factor productivity and the moderating role of industrial agglomeration in the relationship between energy security and total factor productivity in the iron and steel industry. Panel data from 24 provinces in China spanning the years 2010 to 2019 were used for this analysis. The research findings demonstrate a po
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