Causality between Energy Conservation and Economic Growth in China

2013 ◽  
Vol 291-294 ◽  
pp. 1251-1254
Author(s):  
Yun Bing Hou ◽  
Jian Min Wang ◽  
Sen Sen Shi ◽  
Xiao Zhang ◽  
Chun Lin Liu ◽  
...  
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Energy Conservation ◽  
Carbon Dioxide Emissions ◽  
Carbon Dioxide Emission ◽  
Emissions Reduction ◽  
Causality Analysis ◽  
Long Run ◽  
Equilibrium Relationship ◽  
The Relationship

The relationship between carbon dioxide emissions and economic growth is analyzed and the results show that there exists a long-run equilibrium relationship between carbon dioxide emissions and economic growth to clear some people’s mind of doubts that energy conservation and carbon dioxide emissions reduction policy will hamper the economic development. When GDP increases, the carbon dioxide emission will increase too. Causality analysis shows that the unidirectional causal relationship exists and the direction is from GDP to carbon dioxide emission. The result implies that when a certain technique of carbon dioxide emissions reduction is used, it can not only reduce the carbon dioxide amount but promote the growth of GDP. Energy conservation and carbon dioxide reduction can form a new economic growth industry. To fulfill the promise of carbon dioxide emissions reduction to the world, China should make policies based on the relationship between carbon emissions and economic growth.

scholarly journals The relationship of economic growth and carbon-dioxide emissions: an application on member countries of Organization of Islamic Cooperation

2021 ◽  
Vol 20 (4) ◽  
pp. 813-833
Author(s):  
Muhammed Veysel Kaya ◽  
Suat Serhat Yilmaz ◽  
Mehmet Gökhan Özdemir
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Natural Resources ◽  
Carbon Dioxide Emissions ◽  
Carbon Dioxide Emission ◽  
Environmental Damage ◽  
Homogeneity Test ◽  
Annual Data ◽  
Causality Analysis ◽  
The Relationship

Motivation: Humanity has benefited from natural resources in production activities throughout history and this pressure on natural resources has increased even more with the efforts of industrialization. In this process, people benefited heavily from fossil fuels in their production and distribution activities, thereby damaging the environment and the atmosphere to a large extent. With the destruction of the environment, it has become important for the countries and the academic circles to measure environmental damage with the increase of economic activities in order to take various measures. Aim: At this point, in this study, the relationship between economic growth and carbon-dioxide emissions was examined within the scope of 50 countries that are members of the Organization of Islamic Cooperation (OIC). In this process, annual data of the countries concerned between 1995 and 2017 were used; Pedroni Cointegration Analysis, Granger Causality Analysis, Pooled Mean Group Estimator (PMGE) and Mean Group Estimator (MGE) methods were used to measure and estimate the relationship between these two variables. The causality analysis shows that the economic growth is the Granger cause of carbon-dioxide emissions in the country group studied. In addition, the coefficients obtained in PMGE and MGE analyzes were found as 0.43 and 0.33 and were statistically significant and positive. Then, with the help of Hausman Homogeneity Test, it was decided between the two estimators, and it concluded that PMGE Estimator is the more reliable estimator. Results: The results obtained with the PMGE estimator indicate that the 1% increase in economic growth increased carbon dioxide emission by 0.43%.

scholarly journals Causality Analysis: Economic Growth, Economic Openness, Energy Consumption, and Carbon Dioxide Emission Indonesia

2021 ◽  
Vol 36 (2) ◽  
pp. 124
Author(s):  
Azhima Muhammad Fattah ◽  
Jaka Aminata ◽  
Indah Susilowati ◽  
Arief Pujiyono
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Economic Development ◽  
Energy Consumption ◽  
Carbon Dioxide Emissions ◽  
Causality Analysis ◽  
Economic Openness ◽  
Long Run ◽  
Short Run ◽  
Growth Economic

The purpose of this research is to analyze the causality between economic variables, i.e. economic growth, economic openness, and energy consumption to carbon dioxide emissions, and analyze short-run and long-run connections between research variables in Indonesia during the period 1971 to 2018. This research is using VECM analysis and Granger Causality. The results of the VECM analysis in this research show that in the short-run the variable carbon dioxide emissions in the previous period, economic openness, and energy consumption have a significant effect on carbon dioxide emissions in Indonesia, and in the long run, the variables of economic growth, economic openness, and energy consumption have a significant effect on carbon dioxide emissions in Indonesia. The Granger Causality analysis found a bidirectional causality between energy consumption and carbon dioxide emissions. It also found unidirectional causality between economic growth and carbon dioxide emissions. The recommendations that can be shared are that The Government of Indonesia should be more worried about the degradation in environmental quality in Indonesia as a result of economic development. On the other hand, in achieving sustainable economic development, the Indonesian Government must immediately use energy resources more efficiently and environmentally friendly

scholarly journals Energy Consumption and Economic Growth Nexus in China: Autoregressive Distributed Lag (ARDL)

2020 ◽  
Vol 10 (2) ◽  
pp. 194
Author(s):  
Wan-Lin Yong ◽  
Jerome Kueh ◽  
Yong Sze Wei ◽  
Jang-Haw Tiang
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Energy Consumption ◽  
Carbon Dioxide Emissions ◽  
Carbon Dioxide Emission ◽  
Sustainable Growth ◽  
Total Export ◽  
Distributed Lag ◽  
Autoregressive Distributed Lag ◽  
Long Run

This paper intends to investigate the nexus between energy consumption, carbon dioxide emission, total export and economic growth of China from 1971 to 2014. This study adopted Autoregressive Distributed Lag (ARDL) bounds test to examine the existence of short-run and long-run relationships among the variables. Empirical findings indicated that energy consumption contribute to economic growth while carbon dioxide emission is impeding the growth. There is a positive long-run relationship between both energy consumption and total export with economic growth of China. However, a negative relationship is observed between carbon dioxide emissions and economic growth. Hence, in terms of policy recommendation, policymakers can implement a balance environment-economic policy; reduce the carbon dioxide emission by imposing carbon tax; promote renewable energy among the industries and households and promoting reserves forest policy is needed for aspiration of sustainable growth for both environmental and economic.

scholarly journals The Long Run Relationship between Economic Growth and Environmental Quality

2019 ◽  
pp. 1-10 ◽  
Author(s):  
Redwan Ahmed ◽  
Gabriela Sabau ◽  
Morteza Haghiri
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Gross Domestic Product ◽  
Environmental Economics ◽  
Carbon Dioxide Emissions ◽  
Graphical Analysis ◽  
Domestic Product ◽  
Long Run ◽  
Per Capita ◽  
The Relationship

One of the controversial debates in environmental economics, which began in the 1980s, is the relationship between environmental pollution and economic growth. The study investigated the relationship between per capita carbon dioxide emissions and gross domestic product per capita in 63 countries over 51 years during 1960 to 2010. Using a graphical analysis approach, the results of this study showed that the relationship between per capita carbon dioxide emissions and gross domestic product per capita amongst the sample data followed a sigmoid curve indicating that the per capita carbon dioxide emissions of a country increased when its economy transitioned from a labor-intensive technology to a capital-intensive one caused by an increase in the rate of economic growth. The results also showed that the amount of relative emissions varied amongst the countries. The variability could be imputed to the following reasons: (i) the heterogeneity in the structure of the economies, and (ii) the disparity in the mode of production used in the countries’ manufacturing processes.     

Driving Factors Analysis of Carbon Dioxide Emissions in China Based on STIRPAT Model

2013 ◽  
Vol 734-737 ◽  
pp. 1910-1914 ◽  
Author(s):  
Qiao Zhi Zhao ◽  
Qing You Yan
Keyword(s):  
Economic Growth ◽  
Carbon Dioxide ◽  
Carbon Dioxide Emissions ◽  
High Speed ◽  
Carbon Dioxide Emission ◽  
Urbanization Process ◽  
Stirpat Model ◽  
Factors Analysis ◽  
Secondary Industry

China is developing at relatively high speed, not only the regional development speed should be focused upon, but also the environmental impact of economic growth should be paid attention to, especially the level change of carbon dioxide emission. To some degree, quantity of carbon dioxide emission has become one of the most important indexes for measuring quality of a nations economic growth. Thus, this thesis is trying to analyze the driving relations between economic growth and carbon dioxide. Upon STIRPAT model, ridge regression method and elasticity theory are applied to analyze the influencing factors of carbon dioxide quantity such as the population quantity, Chinas urbanization process, per capita GDP, energy density and the percentage of the secondary industry. Correspondingly, based on the different influencing variables to carbon dioxide emission quantity, needy measures are brought out to control and decrease emissions. Feasible suggestions are trying to improve Chinas economic development quality.

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