Energy consumption promotes economic growth or economic growth causes energy use in China? A panel data analysis

Energy consumption promotes economic growth or economic growth causes energy use in China? A panel data analysis
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能源消费促进经济增长还是经济增长导致中国能源使用?

DOI:
10.1007/s00181-017-1319-1
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发表时间:
2018-11
影响因子:
3.2
通讯作者:
Liao Ying
Liao Ying
中科院分区:
经济学4区
文献类型:
--
作者:
Chen Shyh-Wei;Xie Zixiong;Liao Ying

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本文运用面板格兰杰因果关系分析方法,对中国29个省份的能源消费与经济增长之间的因果关系进行了实证检验。本文使用的计量经济学方法使我们能够解开能源消费和经济增长之间的因果关系,并帮助我们区分哪些假设适用于中国的竞争理论。在主要结果中,发现29个省份中有2个省份不存在因果关系,29个省份中有16个省份存在双向因果关系。在中国29个省份中,有11个省份存在单向因果关系。当使用自举临界值时,我们的实证结果表明,中国存在从真实的产出到能源消费的单向因果关系,这意味着经济增长显著影响能源消费,因此,守恒假说适用于中国。
This study tries to examine the causal relationship between energy consumption and economic growth for twenty-nine provinces of China by employing the panel Granger causality analysis. The econometric methodology used in this paper allows us to untangle the causal nexus between energy consumption and economic growth and helps us to discriminate between competing theories on which hypothesis is applicable to China. Among the main results, it is found that there is no causality in two out of twenty-nine provinces and bidirectional causality is observed in sixteen out of twenty-nine provinces. Unidirectional causality is observed in eleven out of twenty-nine provinces of China. When bootstrap critical values are used, our empirical findings indicate that there is an unidirectional causal link running from real output to energy use for China, implying that economic growth significantly affects energy consumption, and hence, the conservation hypothesis is applicable to China.
DOI: --
发表时间: 1991-05
期刊: --
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