Modelling economic growth, carbon emissions, and fossil fuel consumption in China: Cointegration and multivariate causality

ASIA unversity > 管理學院 > 財務金融學系 > 期刊論文 > Item 310904400/112780

jsp.display-item.identifier=請使用永久網址來引用或連結此文件: http://asiair.asia.edu.tw/ir/handle/310904400/112780

题名:	Modelling economic growth, carbon emissions, and fossil fuel consumption in China: Cointegration and multivariate causality
作者:	Lv, Zhihui;Lv, Zhihui;Amanda, M. Y.;Chu, Amanda M. Y.;馬可立;McAleer, Michael;黃永強;KEUNG, WONG WING
贡献者:	財務金融學系
关键词:	energy consumption, economic growth, gross domestic product, CO2 emissions, granger causality, China
日期:	2019-10
上传时间:	2020-08-27 09:05:15 (UTC+0)
出版者:	亞洲大學
摘要:	Most authors apply the Granger causality-VECM (vector error correction model), and Toda–Yamamoto procedures to investigate the relationships among fossil fuel consumption, emissions, and economic growth, though they ignore the group joint effects and nonlinear behaviour among the variables. In order to circumvent the limitations and bridge the gap in the literature, this paper combines cointegration and linear and nonlinear Granger causality in multivariate settings to investigate the long-run equilibrium, short-run impact, and dynamic causality relationships among economic growth, emissions, and fossil fuel consumption in China from 1965–2016. Using the combination of the newly developed econometric techniques, we obtain many novel empirical findings that are useful for policy makers. For example, cointegration and causality analysis imply that increasing emissions not only leads to immediate economic growth, but also future economic growth, both linearly and nonlinearly. In addition, the findings from cointegration and causality analysis in multivariate settings do not support the argument that reducing emissions and/or fossil fuel consumption does not lead to a slowdown in economic growth in China. The novel empirical findings are useful for policy makers in relation to fossil fuel consumption, emissions, and economic growth. Using the novel findings, governments can make better decisions regarding energy conservation and emission reductions policies without undermining the pace of economic growth in the long run.
關聯:	International Journal of Environmental Research and Public Health
显示于类别:	[財務金融學系] 期刊論文

文件中的档案:

档案	描述	大小	格式	浏览次数
index.html		0Kb	HTML	239	检视/开启

检视Licence

在ASIAIR中所有的数据项都受到原著作权保护.

数据加载中.....