Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/257294 
Erscheinungsjahr: 
2021
Quellenangabe: 
[Journal:] Economies [ISSN:] 2227-7099 [Volume:] 9 [Issue:] 4 [Article No.:] 136 [Publisher:] MDPI [Place:] Basel [Year:] 2021 [Pages:] 1-24
Verlag: 
MDPI, Basel
Zusammenfassung: 
This paper aims to extend the literature on the impacts of China's policies on the world energy-growth nexus by analyzing the spillover effects of financial development and CO2 emissions. An autoregressive distributed lag approach was applied to annual series data from 1977 to 2016. Models for four world regions were developed, as well as a global model. The results reveal the traditional feedback hypothesis on the whole, both in the short- and long-run. Additionally, the results support that China's CO2 emission and financial development promote world energy consumption. In regard to the four world regions, heterogeneous results were observed. Overall, China's financial development and CO2 emissions also have heterogenous worldwide impacts with distinct magnitudes. Accordingly, no country should be indifferent to China's policies, and independence should be promoted for Europe, Central Asia and Asia Pacific aggregates.
Schlagwörter: 
CO2 emission
economic growth
energy consumption
financial development
spillover effects
Persistent Identifier der Erstveröffentlichung: 
Creative-Commons-Lizenz: 
cc-by Logo
Dokumentart: 
Article
Erscheint in der Sammlung:

Datei(en):
Datei
Größe





Publikationen in EconStor sind urheberrechtlich geschützt.