FACTORS INFLUENCING CO₂ EMISSIONS IN CHINA : A NONLINEAR AUTOREGRESSIVE DISTRIBUTED LAGS INVESTIGATION

This paper investigates the environmental impact of economic growth, energy consumption, financial development, and globalization in China over the period 1970Q1-2015Q4. In particular we consider four dimensions of globalization, namely, economic, social, political, and overall globalization. The no...

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Veröffentlicht in:The Journal of Energy and Development. - International Research Center for Energy and Economic Development (ICEED). - 44(2019), 1/2, Seite 95-128
1. Verfasser: Atil, Ahmed (VerfasserIn)
Weitere Verfasser: Bouheni, Faten Ben, Lahiani, Amine, Shahbaz, Muhammad
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 2019
Zugriff auf das übergeordnete Werk:The Journal of Energy and Development
Schlagworte:Environmental studies Physical sciences Social sciences Economics Business Applied sciences
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520 |a This paper investigates the environmental impact of economic growth, energy consumption, financial development, and globalization in China over the period 1970Q1-2015Q4. In particular we consider four dimensions of globalization, namely, economic, social, political, and overall globalization. The nonlinear autoregressive distributed lags (NARDL) model has been employed to capture the potential asymmetric impact of the determinants of carbon dioxide (CO₂) emissions in China. This work presents a number of interesting findings. (1) In the short run, economic growth and financial development have a significant symmetric impact on CO₂ emissions. Energy consumption has a nonlinear and asymmetric influence on CO₂ emissions. However, economic globalization does not impact CO₂ emissions. (2) In the long run, economic growth, financial development, and economic globalization exhibit an asymmetric influence on CO₂ emissions in the model, including the economic dimension of globalization. Economic growth has a positive and symmetric impact on CO₂ emissions in the model, including social globalization; however, it does not influence CO₂ emissions in the case of political or overall globalization. In addition, energy consumption is positively linked to CO₂ emissions. Moreover, financial development does not influence CO₂ emission in the models, including social, political, and overall globalization. Social and overall globalization have a significant influence on CO₂ emissions. The results of this paper are important for policies that would promote sustainable development and environment protection. 
540 |a Copyright © 2019 by the International Research Center for Energy and Economic Development (ICEED) 
650 4 |a Environmental studies  |x Environmental quality  |x Environmental degradation  |x Environmental pollution  |x Carbon dioxide emissions 
650 4 |a Physical sciences  |x Chemistry  |x Chemical compounds  |x Carbon compounds  |x Carbon dioxide 
650 4 |a Social sciences  |x Development studies  |x International development  |x Globalization  |x Economic globalization 
650 4 |a Social sciences  |x Development studies  |x Development economics  |x Economic development  |x Financial development 
650 4 |a Economics  |x Economic disciplines  |x Consumer economics  |x Consumption  |x Energy consumption 
650 4 |a Environmental studies  |x Environmental quality  |x Environmental degradation  |x Environmental pollution  |x Pollutants  |x Pollutant emissions 
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650 4 |a Social sciences  |x Development studies  |x International development  |x Globalization 
650 4 |a Applied sciences  |x Engineering  |x Energy engineering  |x Renewable energy 
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655 4 |a research-article 
700 1 |a Bouheni, Faten Ben  |e verfasserin  |4 aut 
700 1 |a Lahiani, Amine  |e verfasserin  |4 aut 
700 1 |a Shahbaz, Muhammad  |e verfasserin  |4 aut 
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