Alternative Energy and CO2 Emission in China: Evidence from Bounds Testing and Vector Error Correction Model Approach
文献类型：期刊论文
| 作者 | Tao, Hai1; Mu, Hailin1; Li, Nan1; Wang, Peng2 |
| 刊名 | ENERGIES
 |
| 出版日期 | 2023-04-01 |
| 卷号 | 16期号:8页码:19 |
| 关键词 | CO2 emissions alternative energy ARDL bounds test VECM Granger test China |
| DOI | 10.3390/en16083436 |
| 通讯作者 | Mu, Hailin(hailinmu@dlut.edu.cn) |
| 英文摘要 | This empirical study investigates the dynamic interconnection between fossil fuel consumption, alternative energy consumption, economic growth and carbon emissions in China over the 1981 to 2020 time period within a multivariate framework. The long-term relationships between the sequences are determined through the application of the Autoregressive Distributed Lag (ARDL) bounds test and augmented by the Johansen maximum likelihood procedure. The causal relationships between the variables are tested with the Granger causality technique based on the Vector Error Correction Model (VECM). Empirical results reveal the existence of a statistically significant negative relationship between alternative energy consumption and carbon emissions in the long-term equilibrium. Furthermore, the VECM results demonstrate that both carbon emissions and fossil fuel consumption have unidirectional effects on economic growth. Additionally, the study highlights a short-term unidirectional causal relationship from economic growth to alternative energy consumption. These findings suggest that a reduction in fossil fuel consumption in the short run may indirectly impede the development of alternative energy. The study proposes that China should expedite the development of alternative energy and control the expansion of fossil fuel consumption to attain its carbon reduction target without hindering economic growth. |
| WOS关键词 | ENVIRONMENTAL KUZNETS CURVE ; CARBON-DIOXIDE EMISSIONS ; ECONOMIC-GROWTH EVIDENCE ; RENEWABLE ENERGY ; ELECTRICITY CONSUMPTION ; FINANCIAL DEVELOPMENT ; NONRENEWABLE ENERGY ; TIME-SERIES ; COINTEGRATION ; REGRESSION |
| WOS研究方向 | Energy & Fuels |
| 语种 | 英语 |
| WOS记录号 | WOS:000977134200001 |
| 出版者 | MDPI |
| 源URL | [http://ir.giec.ac.cn/handle/344007/38819]  |
| 专题 | 中国科学院广州能源研究所 |
| 通讯作者 | Mu, Hailin |
| 作者单位 | 1.Dalian Univ Technol, Key Lab Ocean Energy Utilizat & Energy Conservat, Minist Educ, Dalian 116024, Peoples R China 2.Chinese Acad Sci, Guangzhou Inst Energy Convers, Guangzhou 510640, Peoples R China |
| 推荐引用方式 GB/T 7714 | Tao, Hai,Mu, Hailin,Li, Nan,et al. Alternative Energy and CO2 Emission in China: Evidence from Bounds Testing and Vector Error Correction Model Approach[J]. ENERGIES,2023,16(8):19. |
| APA | Tao, Hai,Mu, Hailin,Li, Nan,&Wang, Peng.(2023).Alternative Energy and CO2 Emission in China: Evidence from Bounds Testing and Vector Error Correction Model Approach.ENERGIES,16(8),19. |
| MLA | Tao, Hai,et al."Alternative Energy and CO2 Emission in China: Evidence from Bounds Testing and Vector Error Correction Model Approach".ENERGIES 16.8(2023):19. |
入库方式： OAI收割
来源：广州能源研究所
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