Research methods in economics to evaluate the role of energy efficiency and financial inclusion in achieving China’s carbon neutrality target
Bibliographic Data
| ID | 15068082 |
|---|---|
| Authors | Bowen Luo (0000-0002-9560-5701, Northwest A&F University), Arshad Ahmad Khan (Northwest A&F University), Adnan Safi (0000-0002-6228-1421, Qingdao University), Jin Yu (0000-0003-2049-3677, Northwest A&F University, corresponding author) |
| Year | 2023 |
| Volume | 36 |
| Issue | 1 |
| Pages | 1774-1802 |
| Publication date | 2023-03-31 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economic Research-Ekonomska Istraživanja (JOURNAL) |
| Journal identifiers | ISSN: 1331-677X • E-ISSN: 1848-9664 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/1331677x.2022.2093245 |
| OpenAlex | W4284896632 |
| Language | EN |
| Citations received | 6 |
| References cited | 74 |
In the recent literature, energy efficiency got the attention of scholars due to its discouraging impact on CO2 emissions, which is considered the most prevalent greenhouse gas that human activities produce. Data reports that China is the leading CO2 emitting country across the globe, and still the environmental degradation is in progress. Thus, the current paper empirically investigates the impact of energy efficiency (ENEF), financial inclusion (FD), GDP, export diversification (EXD), and human capital index (HCI) on the environmental degradation of China over the period from 1988 to 2018. This study uses various time-series tests to empirically investigate the determinant of CO2 emissions, including normality tests, unit root tests, and combined cointegration tests. Besides, the long-run coefficients are analyzed via the fully modified ordinary least square (FMOLS), dynamic OLS (DOLS), and the Canonical Cointegrating Regression (CCR) estimators. The empirical findings reveal that all the variables are cointegrated in the long run. However, the coefficient estimate shows that ENEF and HCI significantly promote environmental sustainability. While GDP, FD, and EXD significantly promote environmental degradation by enhancing the CO2 level in the atmosphere. This study recommends practical policy implications based on the empirical findings: energy-efficient products and energy sources could be promoted
Carbon neutrality · China · Economics · Environmental economics · Financial economics · Financial inclusion · Financial services · Neutrality · Political science · Public economics · Renewable energy · Energy, Environment, and Transportation Policies · Energy, Environment, Economic Growth · Engineering · Environmental Impact and Sustainability · Law · Psychology · Social Psychology · Finance
Bridging the Gap
Energy‐saving technologies and energy efficiency in the post‐ Covid era
What Drives Energy Efficiency in the G20 ? Evidence From Finance, Education, and Sustainable Development
Formulating sustainable development policy for a developed nation
Are oil efficiency, hydro energy and environmental related technology solution for attaining carbon neutrality
Energy efficiency, carbon neutrality and technological innovation
The dynamic nonlinear influence of ICT, financial development, and institutional quality on CO2 emission in Pakistan
A Simple Test for Heteroscedasticity and Random Coefficient Variation
Estimation and Hypothesis Testing of Cointegration Vectors in Gaussian Vector Autoregressive Models
Does green investment, financial development and natural resources rent limit carbon emissions? A provincial panel analysis of China
How does fiscal decentralization affect CO2 emissions? The roles of institutions and human capital
Dynamic and causality interrelationships from municipal solid waste recycling to economic growth, carbon emissions and energy efficiency using a novel bootstrapping autoregressive distributed lag
A Test for Normality of Observations and Regression Residuals
Canonical Cointegrating Regressions
Consumption-based carbon emissions and trade nexus
The impact of financial development on carbon emissions
Green growth and low carbon emission in G7 countries
Mitigating degradation and emissions in China
The nexus between financial development and energy consumption in the EU
Heterogeneous effects of energy efficiency and renewable energy on carbon emissions
Testing for a unit root in time series regression
A Simple, Positive Semi-Definite, Heteroskedasticity and Autocorrelation Consistent Covariance Matrix
Distribution of the Estimators for Autoregressive Time Series with a Unit Root
Role of Environmental Degradation, Institutional Quality, and Government Health Expenditures for Human Health
Nexus between energy consumption, information and communications technology, and economic growth
Gender disparity in the digitalization of financial services
Theoretical Framework for the Carbon Emissions Effects of Technological Progress and Renewable Energy Consumption
Does financial inclusion limit carbon dioxide emissions? Analyzing the role of globalization and renewable electricity output
A green ideology in Asian emerging economies
Toward a New Conception of the Environment-Competitiveness Relationship
| Unique citing works | 6 |
|---|---|
| Citations per year | 2 |
| Citation span | 2023 - 2025 (3) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 6 |