Green Consumption, Environmental Regulation and Carbon Emissions—An Empirical Study Based on a PVAR Model

Dianwu Wang, Zina Yu (), Haiying Liu (), Xianzhe Cai and Zhiqun Zhang
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Dianwu Wang: School of Maritime Economics and Management, Dalian Maritime University, Dalian 116026, China
Zina Yu: School of Maritime Economics and Management, Dalian Maritime University, Dalian 116026, China
Haiying Liu: School of Maritime Economics and Management, Dalian Maritime University, Dalian 116026, China
Xianzhe Cai: School of Maritime Economics and Management, Dalian Maritime University, Dalian 116026, China
Zhiqun Zhang: School of Maritime Economics and Management, Dalian Maritime University, Dalian 116026, China

Sustainability, 2024, vol. 16, issue 3, 1-16

Abstract: China’s proposed double carbon goal makes it urgent to promote green consumption and green lifestyles. The present study selected separate economic indicators of urban and rural areas and assigned different weights in the construction of a green consumption indicator system. Based on data from 30 provinces (excluding Tibet) between 2003 and 2019, this study investigated the connections between green consumption, environmental regulations, and carbon emissions, analyzing their mechanism. This study found that green consumption will reduce anthropogenic carbon emissions in the short term but will result in low carbon emissions in the long term. Environmental rules have a definite long-term impact on green consumption, as evidenced by the “U”-shaped trend they follow. Second, this study found that the level of green consumption exhibits a rising and then falling trend on the vegetation’s capacity to sequester carbon, and the impeding force will become stronger over time. Third, this study found that green consumption innately has a degree of inertia and self-enhancement bias.

Keywords: green consumption; environmental regulation; carbon emissions; green consumption index; PVAR model (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
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