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Empirical Research on the Relationship between China Export and New Energy Consumption

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  • Lili Li

    (Department of International Business School, Tianjin Foreign Studies University China.)

Abstract

With the development of the reform and opening-up, China s volume of export trade has grown rapidly; meanwhile the new energy consumption has risen vigorously. Export trade plays extremely important role in China s national economy, and consumption of clean energy provides significant support to China s export. Cointegration analysis of new energy consumption is adopted based on the data from 1979 to 2011, with the result showing that there exists bi-directional Grand causal relationship between China s export trade and new energy consumption. According to the impulse response and variance decomposition, the contribution of exports to consumption of new energy is more than that of new energy consumption to export trade.

Suggested Citation

  • Lili Li, 2014. "Empirical Research on the Relationship between China Export and New Energy Consumption," International Journal of Energy Economics and Policy, Econjournals, vol. 4(2), pages 229-237.
    • Handle: RePEc:eco:journ2:2014-02-13
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    Cited by:

    1. Muhammad Shahid Hassan & Amna Kausar & Noman Arshed, 2022. "Investigating Export Determinants: A Time Series Evidence From Canada," SAGE Open, , vol. 12(2), pages 21582440221, June.
    2. Imtiaz Arif; Syeda Wajiha Kazmi; Lubna Khan, 2017. "Relationship between Trade Openness and Energy Consumption in Oil Importing Asian Countries," Journal of Finance and Economics Research, Geist Science, Iqra University, Faculty of Business Administration, vol. 2(1), pages 30-39, March.

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    More about this item

    Keywords

    New energy consumption; Export trade; Grand Causal relationship; Impulse response; Variance decomposition;
    All these keywords.

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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