Abstract
This paper examines the causal relationships between carbon dioxide emissions, energy consumption and real economic output using panel cointegration and panel vector error correction modeling techniques based on the panel data for 28 provinces in China over the period 1995-2007. Our empirical results show that CO{sub 2} emissions, energy consumption and economic growth have appeared to be cointegrated. Moreover, there exists bidirectional causality between CO{sub 2} emissions and energy consumption, and also between energy consumption and economic growth. It has also been found that energy consumption and economic growth are the long-run causes for CO{sub 2} emissions and CO{sub 2} emissions and economic growth are the long-run causes for energy consumption. The results indicate that China's CO{sub 2} emissions will not decrease in a long period of time and reducing CO{sub 2} emissions may handicap China's economic growth to some degree. Some policy implications of the empirical results have finally been proposed. - Highlights: > We conduct a panel data analysis of the energy-CO{sub 2}-economy nexus in China. > CO{sub 2} emissions, energy use and economic growth appear to be cointegrated. > There exists bidirectional causality between energy consumption and economic growth. > Energy consumption and economic growth are the
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Wang, S S;
Zhou, D Q;
[1]
Research Centre for Soft Energy Science, Nanjing University of Aeronautics and Astronautics, Nanjing 210016 (China)];
Zhou, P;
[1]
Research Centre for Soft Energy Science, Nanjing University of Aeronautics and Astronautics, Nanjing 210016 (China)];
Wang, Q W;
[2]
School of Business, Soochow University, 50 Donghuan Road, Suzhou 215021 (China)]
- College of Economics and Management, Nanjing University of Aeronautics and Astronautics, Nanjing 210016 (China)
- Research Centre for Soft Energy Science, Nanjing University of Aeronautics and Astronautics, Nanjing 210016 (China)
Citation Formats
Wang, S S, Zhou, D Q, Research Centre for Soft Energy Science, Nanjing University of Aeronautics and Astronautics, Nanjing 210016 (China)], Zhou, P, Research Centre for Soft Energy Science, Nanjing University of Aeronautics and Astronautics, Nanjing 210016 (China)], Wang, Q W, and School of Business, Soochow University, 50 Donghuan Road, Suzhou 215021 (China)].
CO{sub 2} emissions, energy consumption and economic growth in China: A panel data analysis.
United Kingdom: N. p.,
2011.
Web.
doi:10.1016/j.enpol.2011.06.032.
Wang, S S, Zhou, D Q, Research Centre for Soft Energy Science, Nanjing University of Aeronautics and Astronautics, Nanjing 210016 (China)], Zhou, P, Research Centre for Soft Energy Science, Nanjing University of Aeronautics and Astronautics, Nanjing 210016 (China)], Wang, Q W, & School of Business, Soochow University, 50 Donghuan Road, Suzhou 215021 (China)].
CO{sub 2} emissions, energy consumption and economic growth in China: A panel data analysis.
United Kingdom.
https://doi.org/10.1016/j.enpol.2011.06.032
Wang, S S, Zhou, D Q, Research Centre for Soft Energy Science, Nanjing University of Aeronautics and Astronautics, Nanjing 210016 (China)], Zhou, P, Research Centre for Soft Energy Science, Nanjing University of Aeronautics and Astronautics, Nanjing 210016 (China)], Wang, Q W, and School of Business, Soochow University, 50 Donghuan Road, Suzhou 215021 (China)].
2011.
"CO{sub 2} emissions, energy consumption and economic growth in China: A panel data analysis."
United Kingdom.
https://doi.org/10.1016/j.enpol.2011.06.032.
@misc{etde_21589706,
title = {CO{sub 2} emissions, energy consumption and economic growth in China: A panel data analysis}
author = {Wang, S S, Zhou, D Q, Research Centre for Soft Energy Science, Nanjing University of Aeronautics and Astronautics, Nanjing 210016 (China)], Zhou, P, Research Centre for Soft Energy Science, Nanjing University of Aeronautics and Astronautics, Nanjing 210016 (China)], Wang, Q W, and School of Business, Soochow University, 50 Donghuan Road, Suzhou 215021 (China)]}
abstractNote = {This paper examines the causal relationships between carbon dioxide emissions, energy consumption and real economic output using panel cointegration and panel vector error correction modeling techniques based on the panel data for 28 provinces in China over the period 1995-2007. Our empirical results show that CO{sub 2} emissions, energy consumption and economic growth have appeared to be cointegrated. Moreover, there exists bidirectional causality between CO{sub 2} emissions and energy consumption, and also between energy consumption and economic growth. It has also been found that energy consumption and economic growth are the long-run causes for CO{sub 2} emissions and CO{sub 2} emissions and economic growth are the long-run causes for energy consumption. The results indicate that China's CO{sub 2} emissions will not decrease in a long period of time and reducing CO{sub 2} emissions may handicap China's economic growth to some degree. Some policy implications of the empirical results have finally been proposed. - Highlights: > We conduct a panel data analysis of the energy-CO{sub 2}-economy nexus in China. > CO{sub 2} emissions, energy use and economic growth appear to be cointegrated. > There exists bidirectional causality between energy consumption and economic growth. > Energy consumption and economic growth are the long-run causes for CO{sub 2} emissions.}
doi = {10.1016/j.enpol.2011.06.032}
journal = []
issue = {9}
volume = {39}
place = {United Kingdom}
year = {2011}
month = {Sep}
}
title = {CO{sub 2} emissions, energy consumption and economic growth in China: A panel data analysis}
author = {Wang, S S, Zhou, D Q, Research Centre for Soft Energy Science, Nanjing University of Aeronautics and Astronautics, Nanjing 210016 (China)], Zhou, P, Research Centre for Soft Energy Science, Nanjing University of Aeronautics and Astronautics, Nanjing 210016 (China)], Wang, Q W, and School of Business, Soochow University, 50 Donghuan Road, Suzhou 215021 (China)]}
abstractNote = {This paper examines the causal relationships between carbon dioxide emissions, energy consumption and real economic output using panel cointegration and panel vector error correction modeling techniques based on the panel data for 28 provinces in China over the period 1995-2007. Our empirical results show that CO{sub 2} emissions, energy consumption and economic growth have appeared to be cointegrated. Moreover, there exists bidirectional causality between CO{sub 2} emissions and energy consumption, and also between energy consumption and economic growth. It has also been found that energy consumption and economic growth are the long-run causes for CO{sub 2} emissions and CO{sub 2} emissions and economic growth are the long-run causes for energy consumption. The results indicate that China's CO{sub 2} emissions will not decrease in a long period of time and reducing CO{sub 2} emissions may handicap China's economic growth to some degree. Some policy implications of the empirical results have finally been proposed. - Highlights: > We conduct a panel data analysis of the energy-CO{sub 2}-economy nexus in China. > CO{sub 2} emissions, energy use and economic growth appear to be cointegrated. > There exists bidirectional causality between energy consumption and economic growth. > Energy consumption and economic growth are the long-run causes for CO{sub 2} emissions.}
doi = {10.1016/j.enpol.2011.06.032}
journal = []
issue = {9}
volume = {39}
place = {United Kingdom}
year = {2011}
month = {Sep}
}