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Is China's financing for climate change prevention ensure green environment? Evaluating the role of higher education

Bibliographic Data

ID15068426
AuthorsJi Gang (0009-0009-5370-5438, Anhui University of Finance and Economics, corresponding author), Gang Ji (0000-0002-2415-6275, Anhui University of Finance and Economics)
Year2023
Volume36
Issue1
Pages1076-1098
Publication date2023-03-31
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEconomic Research-Ekonomska Istraživanja (JOURNAL)
Journal identifiersISSN: 1331-677X • E-ISSN: 1848-9664
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/1331677x.2022.2081236
OpenAlexW4281635825
LanguageEN
References cited94

Over the last few years, China has maintained rapid economic growth globally.China has initiated various investments and improved higher education to tackle climate change issues and ensure a green environment.This study examines the influence of economic growth, higher education graduates, household consumption expenditures, industrial pollution prevention investment, and energy industry investment.Covering the period from 2000 to 2017, this study investigated a panel of 30 Chinese provinces.The data under study follows an irregular pattern, and all the variables are cointegrated; therefore, this study employed the novel method of moment quantile regression.Empirical findings suggest that economic growth and investment in the energy industry are the significant contributors to carbon emission in all the quantiles Q 0.25 , Q 0.50, and Q 0.75 .However, higher education graduates, household consumption expenditures, and investment in industrial pollution prevention negatively and significantly affect carbon emissions and promote environmental sustainability.The Granger causality test reveals a bidirectional causal association between carbon emissions and the explanatory variables.Based on the empirical findings, this study suggests investment in environmental recovery plans, adopting renewable energy sources, improving the level of higher education by more investments for higher education graduates, environmental education, and increased investment in pollution prevention industries

Business · China · Econometrics · Economic growth · Economics · Empirical research · Energy consumption · Environmental pollution · Environmental protection · Geography · Granger causality · Natural resource economics · Panel data · Political science · Quantile regression · Sustainability · Climate Change Policy and Economics · Energy, Environment, and Transportation Policies · Energy, Environment, Economic Growth · Engineering

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