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The Impact Of Covid-19 On Carbon Emissions: Empirical Evidence From China

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  • Yanwei Lyu

    (Shandong University, Weihai, China)

  • You Wu

    (Shandong University, Weihai, China)

  • Wenqiang Wang

    (Shandong University, Weihai, China)

  • Jinning Zhang

    (Shandong University, Weihai, China)

Abstract

As the global COVID-19 rages around and world, economic uncertainty increases, and green and sustainable development is facing tough challenges. Based on a panel data of 30 Chinese provinces from January to December 2020, we investigate the short-term impact of the COVID-19 pandemic on China’s carbon emissions. The results indicate that carbon emissions in China decreased considerably during the COVID-19 outbreak. This finding remains robust after replacing the core variables. The negative impact of COVID-19 on China’s carbon emissions is not sustainable in the long run though. This study provides valuable recommendations for China and other countries to achieve green economic recovery and reach climate goals in the post-epidemic era.

Suggested Citation

  • Yanwei Lyu & You Wu & Wenqiang Wang & Jinning Zhang, 2023. "The Impact Of Covid-19 On Carbon Emissions: Empirical Evidence From China," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 26(4), pages 571-586, November.
    • Handle: RePEc:idn:journl:v:26:y:2023:i:4b:p:571-586
    DOI: https://doi.org/10.59091/2460-9196.1762
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    References listed on IDEAS

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    More about this item

    Keywords

    COVID-19; Carbon emissions; Emission reduction effects; Green economic recovery; Post-epidemic era;
    All these keywords.

    JEL classification:

    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes

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