Decomposition analysis of the decoupling indicator of carbon emissions due to fossil energy consumption from economic growth in China

2017 ◽  
Vol 10 (6) ◽  
pp. 1365-1380 ◽  
Author(s):  
Shi-Chun Xu ◽  
Wen-Wen Zhang ◽  
Zheng-Xia He ◽  
Hui-min Han ◽  
Ru-Yin Long ◽  
...  
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Carbon Emissions ◽  
Decomposition Analysis ◽  
Fossil Energy ◽  
Decoupling Indicator

scholarly journals THE ECONOMY-ENERGY-ENVIRONMENT NEXUS IN IMF’S TOP 2 BIGGEST ECONOMIES: A TY APPROACH

2019 ◽  
Vol 21 (1) ◽  
pp. 1-22
Author(s):  
Ebenezer Fiifi Emire Atta Mills ◽  
Kailin Zeng ◽  
Mavis Agyapomah Baafi
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Granger Causality ◽  
Financial Development ◽  
Carbon Emissions ◽  
Energy Use ◽  
Trade Openness ◽  
Decomposition Analysis ◽  
The Usa ◽  
Variance Decomposition Analysis

This paper assesses the relationship between carbon emissions, economic growth and, energy consumption, in USA and China from the perspective of Granger causality, in a multivariate framework controlling for financial development, urbanization, and trade openness. Econometric techniques employed include unit root tests, Toda and Yamamoto Granger causality, and generalized impulse response and variance decomposition analysis for the time horizon 1980–2017. Test results indicate that governments of the USA and China cannot implement sturdier strategic energy policies in the long run without inhibiting the growth of the economy because of the bidirectional causative linkage between economic growth and energy use. A causal link does not exist between carbon emissions and financial development for both countries. Nevertheless, in the USA, there exists a unidirectional Granger causality controlling from energy consumption to financial development. In both economies, urbanization Granger causes CO2 emissions and energy use but the reverse does not hold. An upsurge in energy consumption and carbon emissions will lead to a surge in trade openness but not vice versa for China. A noteworthy result is that there is a substantiation of unidirectional causality from energy consumption to carbon emissions in both countries. In the USA, impulse response and variance decomposition analysis disclosed the effect of financial development is projected to have diminutive magnitude whiles in the future, energy use, economic growth, trade openness, and urbanization would influence carbon emissions significantly. The impacts of trade openness and financial development are expected to be of little importance in China. The general findings implied that urbanization, economic growth, and energy consumption influenced CO2 emissions significantly in the USA and China. Understanding these similar and contrasting situations is essential to reaching a global agreement on climate change affecting IMF’s top 2 biggest economies.

Analysing Nexus between Economic Growth, GHG Emissions, and Energy Consumption for India

2021 ◽  
Vol 17 (1) ◽  
pp. 1-16
Author(s):  
Asim Hasan ◽  
Rahil Akhtar Usmani
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Greenhouse Gas Emissions ◽  
Greenhouse Gas ◽  
Carbon Emissions ◽  
Series Data ◽  
Gas Emissions ◽  
Current Time ◽  
Causal Influence ◽  
Integration Test

Rising greenhouse gas emissions is an important issue of the current time. India’s massive greenhouse gas emissions is ranked third globally. The escalating energy demand in the country has opened the gateway for further increase in emissions. Recent studies suggest strong nexus between energy consumption, economic growth, and carbon emissions. This study has the objective to empirically test the aforementioned interdependencies. The co-integration test and multivariate vector error correction model (VECM) are used for the analysis and the Granger Causality test is used to establish the direction of causality. The time-series data for the period of 1971–2011 is used for the analysis. The results of the study confirm strong co-integration between variables. The causality results show that economic growth exerts a causal influence on carbon emissions, energy consumption exerts a causal influence on economic growth, and carbon emissions exert a causal influence on economic growth. Based on the results, the study suggests a policy that focuses on energy conservation and gradual replacement of fossil fuels with renewable energy sources, which would be beneficial for the environment and the society.

scholarly journals Economic Development, CO2 Emissions and Energy Use Nexus-Evidence from the Danube Region Countries

Energies ◽  
2021 ◽  
Vol 14 (11) ◽  
pp. 3165
Author(s):  
Eva Litavcová ◽  
Jana Chovancová
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Co2 Emissions ◽  
Carbon Emissions ◽  
Bounds Testing ◽  
Mutual Cooperation ◽  
Long Run ◽  
Short Run ◽  
Danube Region ◽  
The Impact

The aim of this study is to examine the empirical cointegration, long-run and short-run dynamics and causal relationships between carbon emissions, energy consumption and economic growth in 14 Danube region countries over the period of 1990–2019. The autoregressive distributed lag (ARDL) bounds testing methodology was applied for each of the examined variables as a dependent variable. Limited by the length of the time series, we excluded two countries from the analysis and obtained valid results for the others for 26 of 36 ARDL models. The ARDL bounds reliably confirmed long-run cointegration between carbon emissions, energy consumption and economic growth in Austria, Czechia, Slovakia, and Slovenia. Economic growth and energy consumption have a significant impact on carbon emissions in the long-run in all of these four countries; in the short-run, the impact of economic growth is significant in Austria. Likewise, when examining cointegration between energy consumption, carbon emissions, and economic growth in the short-run, a significant contribution of CO2 emissions on energy consumptions for seven countries was found as a result of nine valid models. The results contribute to the information base essential for making responsible and informed decisions by policymakers and other stakeholders in individual countries. Moreover, they can serve as a platform for mutual cooperation and cohesion among countries in this region.

Study on the Relationship between Energy Consumption, Carbon Emission and Economic Growth in China

2013 ◽  
Vol 869-870 ◽  
pp. 746-749
Author(s):  
Tian Tian Jin ◽  
Jin Suo Zhang
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Carbon Emissions ◽  
Carbon Emission ◽  
Energy Structure ◽  
Ardl Model ◽  
Relationship Of ◽  
The Relationship ◽  
Reducing Energy

Abstract. Based on ARDL model, this paper discussed the relationship of energy consumption, carbon emission and economic growth.The results indicated that the key to reduce carbon emissions lies in reducing energy consumption, optimizing energy structure.

Decomposing the decoupling indicator between the economic growth and energy consumption in China

2015 ◽  
Vol 8 (6) ◽  
pp. 1231-1239 ◽  
Author(s):  
Ming Zhang ◽  
Yan Song ◽  
Bin Su ◽  
Xiumei Sun
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Decoupling Indicator

The Study on Impact Degree between Carbon Emissions and Economic Growth in the Construction Industry of Five Northwestern Provinces

2013 ◽  
Vol 838-841 ◽  
pp. 2818-2822
Author(s):  
Su Xian Zhang ◽  
Xian Wei Tang
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Construction Industry ◽  
Development Strategy ◽  
Carbon Emissions ◽  
High Energy ◽  
Low Carbon ◽  
Western Development ◽  
High Energy Consumption ◽  
Great Stress

With the highly praised development of low-carbon and implementation of western development strategy, the various industries of northwest faced great stress with how to weigh the economic growth and reduce carbon emissions. In this study, based on the data about energy consumption and GDP in the construction industry of five northwestern provinces, and estimates the carbon emissions of construction indirectly. Then combined withDecoupling Theoryanalysis the interacted impact among carbon emissions, energy consumption and economic growth in the construction industry of five northwestern provinces .The results shows that the development of construction industry in provinces is still based on high energy consumption and high carbon emissions, but each impact degree of them are different. Finally, put some suggest improvements to reduce the energy consumption and carbon emissions in the construction industry path of five northwestern provinces.

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