Energy consumption, carbon emissions, and economic growth in China
Energy consumption, carbon emissions, and economic growth in China
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DOI:
10.1016/j.ecolecon.2009.05.011
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发表时间:
2009-08
影响因子:
7
通讯作者:
Xingping Zhang;Xiao-Mei Cheng
中科院分区:
文献类型:
--
作者:
Xingping Zhang;Xiao-Mei Cheng
This paper investigates the existence and direction of Granger causality between economic growth, energy consumption, and carbon emissions in China, applying a multivariate model of economic growth, energy use, carbon emissions, capital and urban population. Empirical results for China over the period 1960–2007 suggest a unidirectional Granger causality running from GDP to energy consumption, and a unidirectional Granger causality running from energy consumption to carbon emissions in the long run. Evidence shows that neither carbon emissions nor energy consumption leads economic growth. Therefore, the government of China can purse conservative energy policy and carbon emissions reduction policy in the long run without impeding economic growth.