The Economic Analysis of Carbon Emissions: Evidence from China
Yu Kun Wang,
Li Zhang and
We-me Ho
Applied Finance and Accounting, 2019, vol. 5, issue 2, 42-52
Abstract:
Transitioning away from coal supply is a cost-effective path to a low-carbon economy. Although many articles have considered the issue of manufacturers' production and emission of pollution. Few papers have discussed the interrelations among CO2 emissions, economic growth and coal supply on the cost of environmental degradation.This paper seeks to fill this gap by using some empirical tests including unit root, ARDL bounds test and impulse effect to check the causality among carbon emission, economic growth and coal supply The time series used in the model ranged from 1990 to 2016. We specifically take China as a case to analyze. The main results show that there exist only one-way positive causality between LGDP (dependent variable) and LCO2 (independent variable), in addition, we show China's GDP growth in recent years has gradually decoupled from CO2 emissions, in other words, the current growth of China's economy is not at the cost of worsening the environmental degradation, Furthermore, we outline that the generalized impulse response between LCO2 and LGDP is higher than that of LCOALSUPPLY and LGDP.
Keywords: China; carbon emission; unit root; bounds test; cointegration (search for similar items in EconPapers)
JEL-codes: H23 H26 P43 Q53 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://redfame.com/journal/index.php/afa/article/view/4422/4610 (application/pdf)
http://redfame.com/journal/index.php/afa/article/view/4422 (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:rfa:afajnl:v:5:y:2019:i:2:p:42-52
Access Statistics for this article
More articles in Applied Finance and Accounting from Redfame publishing Contact information at EDIRC.
Bibliographic data for series maintained by Redfame publishing ().