Does economic growth stimulate energy consumption?New evidence from national and regional levels in China

A detailed investigation of the nexus between economic growth and energy use is imperative for formulating sustainable development policies.In this study,we examine panel cointegration and causality relations among economic growth,energy use,capital stock,and labor in 30 Chinese provinces between 2000-2019.We conduct a comprehensive empirical analysis based on panel modeling and a neoclassical production function.The findings of the second-generation panel unit root and co-integration tests reveal that these variables have long term co-integration linkages.We then perform a panel cointegration estimation using the fully modified ordinary least squares technique and find that total energy consumption,electricity consumption,capital stock,and labor significantly influence economic growth at the national and regional levels in China.Moreover,the outcomes of the Dumitrescu-Hurlin causality test indicate the existence of a two-way causal nexus between economic output and total energy consumption at the national level,but only a causal link from GDP to total energy use in the eastern and central regions.Conversely,a causality from total energy use to economic output is identified in the western region.Finally,we provide policy implications for the sustainable development of both energy and the economy at the national and regional levels.

ECONOMIC GROWTH AND CYCLES IN MODERN CHINA

If the theory of cyclical fluctuation can be applied to modern China, the economic development ofChina in this period can be seen as consisting of several stages. At each stage as well as in the wholeperiod, chosen index system is likely to help measure the growth rate. By vertical and horizontal com-parison, this paper will try to settle the disputes on China’s modern economic development.

Understanding Relationship Between Accessibility and Economic Growth:A Case Study from China(1990–2010)

China′s economy and transport infrastructure have both experienced rapid development since 1978, and especially since 1990. Today, China is the second-largest economic entity in terms of GDP and has the largest high-speed rail(HSR) network and the second-largest expressway network in the world. This paper explores the relationship between accessibility and economic growth in China from 1990 to 2010. In the study, the basic research units include 333 prefecture-level cities and four municipalities. We explore a bivariate analysis framework of accessibility and economic growth, and their increase rates, to examine this relationship using long-term panel data. The results indicate that, first, accessibility and economic growth show a significant positive relationship using both cross-section and panel data, while the increase rate in accessibility and GDP indicate no significant relationship using cross-section data and a poor significant relationship using panel data. Second, the distributions of local advantage are uneven. Cities with low local advantage with respect to accessibility and GDP are mainly located in China′s eastern coastal region or the provincial capitals, while those with low local advantage in terms of their increase rates are located in the western region. Third, as China′s economic growth and transport networks have evolved, the distribution of local advantage shows little change in terms of accessibility and GDP, but a greater change in terms of their increase rates, which is largely influenced by the distribution of expressway and HSR networks.

Environmental Pollution and Economic Growth in China: A Test of the Environmental Kuznets Curve

We apply a two pronged approach to analyze the presence of Environmental Kuznets Curve, EKC, in three types of emissions in the People’s Republic of China from 1994 to 2014: a structural breakpoint analysis and a model based test. We apply it to PM2.5, industrial waste and domestic water pollution time series, and find evidence of EKC in all three types of emissions that require appropriate policy.

The decoupling relationship between China’s economic growth and carbon emissions from the perspective of industrial structure

This study analyses the decoupling relationship between energy-related CO_(2) emissions and economic growth in China from 2000-2017 from the perspective of industrial structure using the LMDI method and Tapio decoupling model.The decoupling driving force was decomposed into emission,energy intensity,industrial structure,economic activity,and population factors.Studies have shown that the restructuring of China’s industries has not led to a significant increase in CO_(2) emissions.Specifically,from 2000 to 2017,China’s economic development and carbon emissions are generally in a weak decoupling state.Strong decoupling occurred from 2000 to 2001 and from 2013 to 2016.The industrial structure change has a substantial impact on the primary sector(agriculture),followed by the tertiary sector(services),while the impact on the secondary sector(industry)is negligible.The GDP contribution of the primary industry is small,but it is an indispensable guarantee for a country.With the development of agricultural mechanization and technology,human and animal power in this industry has been decreasing year by year,and large-scale planting has improved energy efficiency.The level of technology should be continuously strengthened to promote the decoupling of carbon emissions.The contribution of the secondary industry to GDP is around 40%,but the secondary industry accounts for more than 80%of CO_(2) emissions,mainly caused by the use of fossil energy.In 2017,fossil energy still accounted for about 86.2%of China’s energy consumption,so fossil energy remains the most critical energy source for China’s economic development.Coal,in turn,accounts for the largest share of fossil energy consumption.Therefore,emphasis should be placed on increasing technological innovation and conversion from fossil to non-fossil energy sources.The Chinese government considers the service industry a new engine for sustainable social and economic development.The contribution of the tertiary sector to GDP has increased from 2000 to 2017,followed by resource and environmental problems.Although the current share of CO_(2) emissions directly caused by the tertiary sector is not high,as the tertiary sector continues to grow,plans to reduce the decoupling of carbon emissions from the tertiary sector should be made in advance.

Cointegration Analysis on the Relation between Urbanization and Economic Growth in China

This paper utilizes cointegration theory,error correcting model and Granger causality testing theory to make an empirical research on the relation between urbanization and GDP in China,and also implements a comparative analysis to the relation between three industries and degree of urbanization,the related coeffecient is 0.97,0.95,0.97,0.97.And the result shows a long-term balance between these two factors,and the promoting effect to tertiary industry by urbanization is more obvious.Urbanization and economic growth are the long-term balanced relations.In the long-term balance,every 1% increment of urbanization can make 4.82% increment of GDP;In short-term balance,if the balance depart from the long-term balance at the i-th term,the model will take automatic reversal adjustment with-0.06 adjusting strength at the(i+1)th term,to make it move to the long-term balance.The economic growth onto urbanization is one-way causality relationship,the primary and secondary industry onto urbanization is also one-way causality relationship.However,the tertiary industry onto urbanization is both-way causality relationship.

Energy Abundance and China's Economic Growth: 2000–2014

Based on the interprovincial panel data of 2000–2014, this paper carries out an empirical analysis on the relationship between energy abundance and economic growth to test the theoretical hypothesis of ‘resource curse' and explore its transmission mechanism for China and its three regions. The results show that, at the national level, positive correlation is present between energy abundance and economic growth, proving that the ‘resource curse' phenomenon does not exist in China as a whole. Moreover, material capital input, human capital input and the level of opening to the outside world could promote economic growth, while technology innovation input may hinder economic growth. As seen by region, a positive correlation also exists between the energy abundance and economic growth in the eastern and western regions, and there is no ‘resource curse' phenomenon either. In all three regions, the human capital input could promote economic growth. Material capital input could promote economic growth in the eastern but hinder economic growth in the western region; the level of opening to the outside world could promote economic growth in the eastern region. It is known through further survey and analysis on the transmission mechanism of resource curse that, at the national level, material capital input, human capital input, and the level of opening to the outside world present positive correlation with energy abundance, indicating that energy development becomes an important transmission factor by strengthening material capital input and human capital input and raising the level of opening to the outside world. However, technology innovation input presents negative correlation with energy development. As seen by region, both the material capital input and human capital input present positive correlation with energy development strength in the three regions. Similar as the eastern region, the level of opening to the outside world presents positive correlation with energy industry development in the middle and western regions; however, the energy development presents negative correlation with technology input level in the western region.

The Impact of lntemational Business for Intensive and Effective Economic Growth of China

In this research work, author focuses on the analysis the impact of international business for intensive and effectiveeconomic growth of China. It must be emphasized that openess to trade is associated with higher incomes andgrowth and there are the need for new approaches to trade cooperation in light of the forces that are currentlyre-shaping international business. The key of trade developments within the broader socio-economic context isespecially the rise of global supply chains, the general shift of trade power away fi＇om the West towards AsiaPacific state. In the new circumstances for the development of the global economy and the international trade,People＇s Republic of China seems to be a production superpower, able to change the world trade. The questionraised is whether the West will see China＇s rise as an opportunity for cooperation and peace or for conflict.Economic growth is generally more preferable in China to military and extensive expansion. With new investments,a country can transform its position through industrial expansion at home and sustain it through international trade.The main aim of the paper is the presentation of the impact of international business for intensive and effectiveeconomic growth of China.

The Impacts of Lower Population Growth on the Quality of Life and Economic Development：China＇s Experience

China is the most populous country in the world.The total Population on the mainland of China has in-creased from 540 million in 1949 to 1.18 billion by the end of 1993.China adopted a population policy by namc of"controlling population growth and im-proving the quality of the human resources',which has been deeply rooted in the hearts of the Chinese pcoplc.The overw helming majority of the Chinese people have recognized the necessity for implementing the family planning programme not only for the sustained devel-opment of the country,but also for the benefits of their own familie cs.

Special Economic Zones——New growth points in China's economy

It was approved by the State Council in1984 to establish economic andtechnological development zones in 14coastal port cities to function as windows forthose cities to attract foreign investment,introduce advanced technology andmanagement methods and expand the export-oriented economy. Since 1992, 18 otherdevelopment zones have been approved bythe Council, increasing the number of suchzones to 32.

China’s Outward Foreign Direct Investment and Economic Growth in Developing Countries

The implementation of China’s open development strategy has unveiled a wave of outward foreign direct investment(OFDI)by Chinese companies,with global implications.Based on panel data from 146 developing countries from 2003 to 2017,we investigate the growth effects of China’s OFDI.We find that China’s OFDI has promoted significant economic growth in developing countries.Not only could China’s OFDI increase GDP per capita of a country in a short time but raise the country’s long-run equilibrium value as well.In addition,the growth effects of China’s OFDI were more significant for countries with weak governance,rich resource,and modest human capital,and were above the average level for Belt and Road Initiative(BRI)countries,African countries,and in the post-crisis era.Our research helps unravel the global significance of Chinese companies investing overseas and contributes to research on the growth effects of direct investment between developing countries.

China Patent-Intensive Industry Greatly Stimulates Economic Growth

On October 27th,the State Intellectual Property Office released the Patent-intensive Industry Directory(2016)(trial version)(hereinafter referred to as Directory)for the first time and the China Patent-intensive Industry Statistics Report(2015).Since the year 2012,the State Intellectual Property Office has conducted research of the patent-intensive industry for four consecutive years.Based on a large number of statistical results。

Spatio-temporal characteristics of regional sustainable economic growth drivers of China

Intellectual capital(IC)has become a universal performance indicator for the socioeconomic development of countries and regions.Based on a review ofnational intellectualcapital(NIC)and regional intellectualcapital(RIC)evaluation literature,we used the regional intellectualcapitalindicator(RICI)as a model for China’s RIC evaluation to indirectly understand China’s potential economic growth drivers.Specifically,we collected statisticaldata of31 provinces(including municipalities and autonomous regions)in China from 2004 to 2016to measure RICI and analyze its dynamic characteristics from temporal and spatial perspectives.In this paper,Delphi analysis was used to construct RICI model,and cluster analysisand exploratory spatial data analysis were used to analyze the temporal and spatial characteristics of RICI in China.The results showedthat RICI,which represents China’s overall economic growth drivers,increases annuallyand is consistent with economic developmentlevelduring the study period.Regarding the geo-spatial space,RICI follows the trend of“high in the east and low in the west”,gradually decreasing from eastern to western China.ForRIC structure,the shape of the radar chart of IC structure located in the eastern coastal areas is usually biased towards strong external relational capital,while that in western China is generally biased towards structural capital.For spatial correlation,China’s RICI has dependence on geographical adjacent space and economic space.Our research can provide policy suggestions for the sustainable development of regional economy from an IC perspective.

Empirical Analysis on the Determinants of Economic Growth in Shaanxi Province, China

Status of economic development in Shaanxi Province is analyzed, showing that Shaanxi Province has achieved the fast and stable economic growth; and total GDP and fixed assets investment have shown a sustainable growth. According to the time series statistics of Shaanxi Province in the years 1978-2008, Cobb-Douglas Function is used to carry out the empirical analysis on the contribution of fixed assets investment and labor input to economic growth of Shaanxi Province, China. Result shows that capital and labor input are the major driving forces for the economic growth of Shaanxi Province. In other words, economic growth mode of Shaanxi Province is still extensive. Economic growth of Shaanxi Province is increasingly dependent on capital investment and technological progress. Contribution rates of capital and labor to economic growth are 66.9% and 33.1%, respectively. Therefore, investment is a source of economic growth in Shaanxi Province through the reform and opening up in the last three decades.

Changes in China--Beijing is seeking less energy-intensive economic growth ＆ a less carbon-intensive energy mix and its impact over oil ＆ gas supply

Having experienced over 30 years of rapid growth,China’s economic development is entering a new normal featured by an ever optimizing economic structure shifting from high-speed to medium-high speed growth,and from factor-driven to innovation-driven pattern.In adapting

Five Areas for Sustained High Economic Growth in China

Afierhavingexperiencedtwodecadesofsustainedhigh.economicqrnwthwillithppossibleforChinatoseecontinuedsustainedhigheconomicgrowthinanother10to20years?Followingtheeconomicslowdowninthepastfewyears,manyholdpessimisticviewsonthis.Inaninterviewwithacorresp...

China's economic growth pushed by domestic demand and relevant measures

By contrast to a slowdown in the world economy, China kept up a rapid growth rate, a relatively high quality of growth and low inflation for the year 2001. This is mainly due to the result of proactive fiscal policies that the Chinese Government adopted to stimulate domestic demand. Domestic demand can be divided into investment demand and consumption demand,

Slowly But Surely Despite a slump in growth,China’s economic restructuring is progressing as planned

China had entered a period of moderate economic growtht one that is moving at an appropriate pace. China＇s economy is bottoming out and seeking a new balance,

Changes of China’s Status in the Global System and Its Influencing Factors:A Multiple Contact Networks Perspective

Clarifying China’s position in the global system is an important logical basis for developing national diplomacy.Although much research has been done on China’s development status,most studies have been based on country comparisons or institutional en-vironment.In today’s networked era in which the global economy,trade,personnel,and information are closely connected,studies on China’s global position and its status changes and influencing factors in multiple contact networks are still insufficient.In this study,from the perspective of diverse global contact networks,we constructed economic,cultural,and political influence indices to explore the changes and influencing factors on China’s status in the global system from 2005 to 2018.The results show that during the study period,China’s global influence in the fields of economic ties,cultural exchanges,and political contacts increased significantly,but its influ-ence in the fields of cultural exchanges and political contacts lagged far economic ties.The pattern of China’s economic influence on various economies around the world has shown a transformation from an‘upright pyramid’to an‘inverted pyramid’structure.The proportion of these economies in low-influence zones has decreased from more than 60%in 2005 to less than 20%in 2018.China’s cultural and political influence on various economies around the world has increased significantly;however,for the former,the percentage of high-influence areas is still less than 20%,whereas for the latter the percentage of these economies in medium-and high-influence areas is still less than 50%.Analyses such as a scatter plot matrix show that geographical proximity,economic globalization,close cooperation with developing countries,and a proactive and peaceful foreign policy are important factors in improving China’s status in the diverse global network system.