Economic policy uncertainty and carbon neutrality in China
Do sustainable energy and eco‐innovation make a difference
Bibliographic Data
| ID | 12308657 |
|---|---|
| Authors | Xiaowei Song (0000-0001-6146-3381, Shangqiu Medical College Shangqiu China), Muhammad Irfan (0000-0003-1446-583X, Adnan Kassar School of Business Lebanese American University Beirut Lebanon, corresponding author), Ibrahim Alnafrah (0000-0002-7448-8315, Graduate School of Economics and Management Ural Federal University Yekaterinburg Russia), Yu Hao (0000-0001-8394-4215, Operation Research & Management Sciences Research Group, Faculty of Business and Management Universiti Sultan Zainal Abidin (UniSZA) Kuala Nerus Malaysia, corresponding author) |
| Year | 2024 |
| Volume | 32 |
| Issue | 4 |
| Pages | 4057-4070 |
| Publication date | 2024-01-10 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Sustainable Development (JOURNAL) |
| Journal identifiers | ISSN: 0968-0802 • E-ISSN: 1099-1719 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1002/sd.2888 |
| OpenAlex | W4390721956 |
| Language | EN |
| Citations received | 8 |
| References cited | 67 |
Similar to many other developing and developed countries, China grapples with the challenge of balancing economic growth and environmental preservation. This study, anchored in Sustainable Development Goals (SDGs) 7, 11, 12, and 13, investigates the impact of eco‐innovation and sustainable energy on CO 2 emissions (CE) in China from 1980 to 2020, using the STIRPAT model. Employing the autoregressive distributed lag (ARDL) model with bootstrap rolling window causality analysis, we uncover causal relationships between CE and its determinants, assessing them in sub‐sample periods. ARDL estimates reveal that economic policy uncertainty, economic growth, and urbanization increase CE, while eco‐innovation and sustainable energy decrease it. Time‐varying causality analysis demonstrates predictive capabilities of all independent variables at various sub‐periods. The study recommends substantial increases in subsidies and tax incentives for renewable energy, emphasizing stable ecological policies, irrespective of economic conditions, for lasting benefits
Causality (physics · China · Distributed lag · Econometrics · Economic growth · Economics · Geography · Incentive · Market economy · Microeconomics · Natural resource economics · Renewable energy · Sample (material · Subsidy · Sustainable development · Sustainable Growth Rate · Urbanization · Energy, Environment, and Transportation Policies · Energy, Environment, Economic Growth · Environmental Impact and Sustainability · Ecology
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| Unique citing works | 8 |
|---|---|
| Citations per year | 4 |
| Citation span | 2024 - 2026 (3) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 8 |