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How does trade and fiscal decentralization leads to green growth; role of renewable energy development

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  • Huang, Feipeng

Abstract

China has to balance economic growth with environmental protection and carbon reduction. This study examines China's 2000–2017 trade, fiscal decentralization, renewable energy development, and green growth. To understand how these elements affect sustainable and environmentally friendly economic growth. We use a panel model to evaluate how trade openness and fiscal decentralization affect renewable energy development and green growth trade openness boosts renewable energy development and green growth in China. Fiscal decentralization also promotes renewable energy and local economic growth. These findings emphasize trade liberalization and fiscal decentralization as policy levers for green growth through renewable energy development. Policymakers should promote international economic integration and give local governments more authority and fiscal incentives to embrace and expand renewable energy technologies. This research helps policymakers understand green growth in China and promote sustainable economic development while addressing environmental issues.

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  • Huang, Feipeng, 2023. "How does trade and fiscal decentralization leads to green growth; role of renewable energy development," Renewable Energy, Elsevier, vol. 214(C), pages 334-341.
    • Handle: RePEc:eee:renene:v:214:y:2023:i:c:p:334-341
    DOI: 10.1016/j.renene.2023.05.116
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    1. Xueyang Wang & Xiumei Sun & Mahmood Ahmad & Jiawei Chen, 2024. "Towards high-quality energy development: role of trade liberalization," Economic Change and Restructuring, Springer, vol. 57(1), pages 1-36, February.

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