Which Factors Determine CO 2 Emissions in China? Trade Openness, Financial Development, Coal Consumption, Economic Growth or Urbanization: Quantile Granger Causality Test

Zhenkai Yang, Mei-Chih Wang, Tsangyao Chang, Wing-Keung Wong and Fangjhy Li
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Zhenkai Yang: Department of Finance, School of Economics and Management, Wuhan University, No. 299 Bayi Road, Wuchang District, Wuhan 430072, China
Mei-Chih Wang: Department of Insurance and Finance, National Taichung University of Science and Technology, 129 Sec. 3, Sanmin Rd., Taichung 404336, Taiwan
Fangjhy Li: Department of Finance, School of Finance, Hubei University of Economics, No. 8 Yangqiaohu Road, Jiangxia District, Wuhan 430205, China

Energies, 2022, vol. 15, issue 7, 1-18

Abstract: The current study employs a Granger causality test within a Quantile approach investigating CO 2 emission determinants in China. Results show urbanization, financial development and openness to trade are leading determinants of CO 2 emissions in China. These results highlight climate change issues while taking advantage of a new methodology to fill a gap in the current literature. Our findings show key implications for PRC government policy related to pollutant reduction policy.

Keywords: financial development; CO 2 emissions; economic growth; trade openness; quantile Granger causality test (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (30)

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