Individual new energy consumption and economic growth in China

Zhigang Huang and Le Huang

The North American Journal of Economics and Finance, 2020, vol. 54, issue C

Abstract: We document the one-way relationship between individual new energy consumption and economic growth in China through the autoregressive distributed lag (ARDL) model from 2004 to 2017. Our results show that individual new energy consumption has a positive effect on economic growth. Moreover, the urbanization rate, import and export trade volume and foreign direct investment all affect the individual new energy consumption in the short run. The outcome of the causality test reveals a one-way Granger causal relationship from individual new energy consumption to economic growth, from the urbanization rate, and from the import and export trade volume to new energy consumption.

Keywords: Individual new energy consumption; Economic growth; ARDL; Granger causality (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecofin:v:54:y:2020:i:c:s1062940818306879

DOI: 10.1016/j.najef.2019.101010

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