Energy-Driven Economic Growth: Energy Consumption-Economic Growth Nexus Revisited for China

被引:29
作者
Jalil, Abdul [1 ]
Feridun, Mete [2 ]
机构
[1] Quaid I Azam Univ, Sch Econ, Islamabad, Pakistan
[2] Univ Greenwich, Sch Business, Dept Int Business, London SE18 6PF, England
关键词
ARDL; China; economic growth; energy consumption; ELECTRICITY CONSUMPTION; INTERNATIONAL-TRADE; CAUSAL RELATIONSHIP; CARBON EMISSIONS; REAL INCOME; GDP; COINTEGRATION; BOUNDS; OUTPUT; KOREA;
D O I
10.2753/REE1540-496X500511
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper revisits the relationship between energy consumption and economic growth in the case of China using an autoregressive distributed lag (ARDL) bounds testing procedure for the period from 1952 to 2008. The results suggest that energy is one of the engines of growth in China, along with labor, capital, and international trade. In particular, a 1 percent increase in energy consumption leads to a 0.17 percent increase in gross domestic product. In addition to energy consumption, results also suggest that labor, capital, and international trade are also important factors stimulating China's economic growth.
引用
收藏
页码:159 / 168
页数:10
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