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Individual new energy consumption and economic growth in China

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  • Huang, Zhigang
  • Huang, Le

Abstract

We document the one-way relationship between individual new energy consumption and economic growth in China through the autoregressive distributed lag (ARDL) model from 2004 to 2017. Our results show that individual new energy consumption has a positive effect on economic growth. Moreover, the urbanization rate, import and export trade volume and foreign direct investment all affect the individual new energy consumption in the short run. The outcome of the causality test reveals a one-way Granger causal relationship from individual new energy consumption to economic growth, from the urbanization rate, and from the import and export trade volume to new energy consumption.

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  • Huang, Zhigang & Huang, Le, 2020. "Individual new energy consumption and economic growth in China," The North American Journal of Economics and Finance, Elsevier, vol. 54(C).
    • Handle: RePEc:eee:ecofin:v:54:y:2020:i:c:s1062940818306879
    DOI: 10.1016/j.najef.2019.101010
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    4. Qianwen Bai & Muhammad Yousaf Raza, 2024. "Analysis of energy consumption and change structure in major economic sectors of Pakistan," PLOS ONE, Public Library of Science, vol. 19(7), pages 1-24, July.
    5. Wang, Rongji & Laila, Ume & Nazir, Rabia & Hao, Xibin, 2023. "Unleashing the influence of industrialization and trade openness on renewable energy intensity using path model analysis: A roadmap towards sustainable development," Renewable Energy, Elsevier, vol. 202(C), pages 280-288.

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