The dynamic relationship between energy consumption, investment and economic growth in China's rural area: New evidence based on provincial panel data
Author
Abstract
Suggested Citation
DOI: 10.1016/j.energy.2018.04.142
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Shahbaz, Muhammad & Khan, Saleheen & Tahir, Mohammad Iqbal, 2013.
"The dynamic links between energy consumption, economic growth, financial development and trade in China: Fresh evidence from multivariate framework analysis,"
Energy Economics, Elsevier, vol. 40(C), pages 8-21.
- Muhammad, Shahbaz & Saleheen, Khan & Mohammad, Iqbal Tahir, 2012. "The Dynamic Link between Energy Consumption, Economic Growth, Financial Development and Trade in China: Fresh Evidence from Multivariate Framework Analysis," MPRA Paper 42974, University Library of Munich, Germany, revised 26 Nov 2012.
- Salim, Ruhul & Yao, Yao & Chen, George & Zhang, Lin, 2017. "Can foreign direct investment harness energy consumption in China? A time series investigation," Energy Economics, Elsevier, vol. 66(C), pages 43-53.
- Edoardo Gaffeo & Petya Garalova, 2014. "On the finance-growth nexus: additional evidence from Central and Eastern Europe countries," Economic Change and Restructuring, Springer, vol. 47(2), pages 89-115, May.
- Zhang, Xing-Ping & Cheng, Xiao-Mei, 2009. "Energy consumption, carbon emissions, and economic growth in China," Ecological Economics, Elsevier, vol. 68(10), pages 2706-2712, August.
- Chandran Govindaraju, V.G.R. & Tang, Chor Foon, 2013. "The dynamic links between CO2 emissions, economic growth and coal consumption in China and India," Applied Energy, Elsevier, vol. 104(C), pages 310-318.
- Pedroni, Peter, 2004.
"Panel Cointegration: Asymptotic And Finite Sample Properties Of Pooled Time Series Tests With An Application To The Ppp Hypothesis,"
Econometric Theory, Cambridge University Press, vol. 20(3), pages 597-625, June.
- Peter Pedroni, 2004. "Panel Cointegration: Asymptotic and Finite Sample Properties of Pooled Time Series Tests with an Application to the PPP Hypothesis," Department of Economics Working Papers 2004-15, Department of Economics, Williams College.
- Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
- repec:dau:papers:123456789/11438 is not listed on IDEAS
- Irina Dolgopolova & Qazi Hye & Iyala Stewart, 2014. "Energy consumption and economic growth: evidence from non-OPEC oil producing states," Quality & Quantity: International Journal of Methodology, Springer, vol. 48(2), pages 887-898, March.
- Greenwood, Jeremy & Smith, Bruce D., 1997.
"Financial markets in development, and the development of financial markets,"
Journal of Economic Dynamics and Control, Elsevier, vol. 21(1), pages 145-181, January.
- Greenwood, J. & Smith, B.D., 1995. "Financial Markets in Development, and the Development of Financial Markets," RCER Working Papers 406, University of Rochester - Center for Economic Research (RCER).
- Terry Sicular & Yue Ximing & Björn Gustafsson & Li Shi, 2007.
"The Urban–Rural Income Gap And Inequality In China,"
Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 53(1), pages 93-126, March.
- Terry Sicular & Ximing Yue & Björn Gustafsson & Shi Li, 2006. "The Urban-Rural Income Gap and Inequality in China," WIDER Working Paper Series RP2006-135, World Institute for Development Economic Research (UNU-WIDER).
- Greenwood, Jeremy & Jovanovic, Boyan, 1990.
"Financial Development, Growth, and the Distribution of Income,"
Journal of Political Economy, University of Chicago Press, vol. 98(5), pages 1076-1107, October.
- Greenwood, Jeremy & Jovanovic, Boyan, 1988. "Financial Development, Growth, And The Distribution Of Income," Working Papers 88-12, C.V. Starr Center for Applied Economics, New York University.
- Jeremy Greenwood & Boyan Jovanovic, 1990. "Financial Development, Growth, and the Distribution of Income," University of Western Ontario, Departmental Research Report Series 9002, University of Western Ontario, Department of Economics.
- Greenwood, J. & Jovanovic, B., 1990. "Financial Development, Growth, And The Distribution Of Income," University of Western Ontario, The Centre for the Study of International Economic Relations Working Papers 9002, University of Western Ontario, The Centre for the Study of International Economic Relations.
- Jeremy Greenwood & Boyan Jovanovic, 1989. "Financial Development, Growth, and the Distribution of Income," NBER Working Papers 3189, National Bureau of Economic Research, Inc.
- Greenwood, J. & Jovanovic, B., 1988. "Financial Development, Growth, And The Distribution Of Income," RCER Working Papers 131, University of Rochester - Center for Economic Research (RCER).
- Stern, David I. & Enflo, Kerstin, 2013.
"Causality between energy and output in the long-run,"
Energy Economics, Elsevier, vol. 39(C), pages 135-146.
- Stern, David & Enflo, Kerstin, 2013. "Causality Between Energy and Output in the Long-Run," Lund Papers in Economic History 126, Lund University, Department of Economic History.
- David I. Stern & Kerstin Enflo, 2013. "Causality Between Energy and Output in the Long-Run," CAMA Working Papers 2013-01, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Chontanawat, Jaruwan & Hunt, Lester C. & Pierse, Richard, 2008. "Does energy consumption cause economic growth?: Evidence from a systematic study of over 100 countries," Journal of Policy Modeling, Elsevier, vol. 30(2), pages 209-220.
- Herrerias, M.J. & Joyeux, R. & Girardin, E., 2013.
"Short- and long-run causality between energy consumption and economic growth: Evidence across regions in China,"
Applied Energy, Elsevier, vol. 112(C), pages 1483-1492.
- Maria J. Herrerias & Roselyne Joyeux & Eric Girardin, 2013. "Short- and long-run causality between energy consumption and economic growth : evidence across regions in China," Post-Print hal-01499624, HAL.
- N. Gregory Mankiw & David Romer & David N. Weil, 1992.
"A Contribution to the Empirics of Economic Growth,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(2), pages 407-437.
- N. Gregory Mankiw & David Romer & David N. Weil, 1990. "A Contribution to the Empirics of Economic Growth," NBER Working Papers 3541, National Bureau of Economic Research, Inc.
- N. Gregory Mankiw & David Romer & David Weil, 1990. "A Contribution to the Empirics of Economic Growth," Working Papers 1990-24, Brown University, Department of Economics.
- Stephan B. Bruns & Christian Gross & David I. Stern, 2014.
"Is There Really Granger Causality between Energy Use and Output?,"
The Energy Journal, , vol. 35(4), pages 101-134, October.
- Stephan B. Bruns, Christian Gross and David I. Stern, 2014. "Is There Really Granger Causality Between Energy Use and Output?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
- Stephan B. Bruns & Christian Gross & David I. Stern, 2013. "Is There Really Granger Causality Between Energy Use and Output?," Crawford School Research Papers 1307, Crawford School of Public Policy, The Australian National University.
- Bruns, Stephan B. & Gross, Christian & Stern, David I., 2013. "Is There Really Granger Causality Between Energy Use and Output?," FCN Working Papers 11/2013, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
- Tang, Chor Foon & Tan, Bee Wah & Ozturk, Ilhan, 2016. "Energy consumption and economic growth in Vietnam," Renewable and Sustainable Energy Reviews, Elsevier, vol. 54(C), pages 1506-1514.
- Zhang, Lixiao & Yang, Zhifeng & Chen, Bin & Chen, Guoqian, 2009. "Rural energy in China: Pattern and policy," Renewable Energy, Elsevier, vol. 34(12), pages 2813-2823.
- Yuan, Jia-Hai & Kang, Jian-Gang & Zhao, Chang-Hong & Hu, Zhao-Guang, 2008. "Energy consumption and economic growth: Evidence from China at both aggregated and disaggregated levels," Energy Economics, Elsevier, vol. 30(6), pages 3077-3094, November.
- Xin Tang & Hua Liao, 2014. "Energy poverty and solid fuels use in rural China: Analysis based on national population census," CEEP-BIT Working Papers 57, Center for Energy and Environmental Policy Research (CEEP), Beijing Institute of Technology.
- Zao Sun & Chun-Ping Chang & Yu Hao, 2017. "Fiscal decentralization and China’s provincial economic growth: a panel data analysis for China’s tax sharing system," Quality & Quantity: International Journal of Methodology, Springer, vol. 51(5), pages 2267-2289, September.
- Ghosh, Sajal & Kanjilal, Kakali, 2014. "Long-term equilibrium relationship between urbanization, energy consumption and economic activity: Empirical evidence from India," Energy, Elsevier, vol. 66(C), pages 324-331.
- Dong, Xiao-Ying & Hao, Yu, 2018. "Would income inequality affect electricity consumption? Evidence from China," Energy, Elsevier, vol. 142(C), pages 215-227.
- Jin Zhang & David C. Broadstock, 2016.
"The Causality between Energy Consumption and Economic Growth for China in a Time-varying Framework,"
The Energy Journal, , vol. 37(1_suppl), pages 29-54, January.
- Jin Zhang and David C. Broadstock, 2016. "The Causality between Energy Consumption and Economic Growth for China in a Time-varying Framework," The Energy Journal, International Association for Energy Economics, vol. 0(China Spe).
- Rahman, Mohammad Mafizur & Mamun, Shamsul Arifeen Khan, 2016. "Energy use, international trade and economic growth nexus in Australia: New evidence from an extended growth model," Renewable and Sustainable Energy Reviews, Elsevier, vol. 64(C), pages 806-816.
- Hondroyiannis, George & Lolos, Sarantis & Papapetrou, Evangelia, 2005. "Financial markets and economic growth in Greece, 1986-1999," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 15(2), pages 173-188, April.
- Fu, Feng & Liu, Hongtao & Polenske, Karen R. & Li, Zheng, 2013. "Measuring the energy consumption of China’s domestic investment from 1992 to 2007," Applied Energy, Elsevier, vol. 102(C), pages 1267-1274.
- Wang, Yuan & Wang, Yichen & Zhou, Jing & Zhu, Xiaodong & Lu, Genfa, 2011. "Energy consumption and economic growth in China: A multivariate causality test," Energy Policy, Elsevier, vol. 39(7), pages 4399-4406, July.
- Iris Claus & Les Oxley & Chen Wang & Guanghua Wan & Dan Yang, 2014. "Income Inequality In The People'S Republic Of China: Trends, Determinants, And Proposed Remedies," Journal of Economic Surveys, Wiley Blackwell, vol. 28(4), pages 686-708, September.
- Debashis Chakraborty & Jaydeep Mukherjee, 2012. "Is There Any Relationship Between Foreign Direct Investment, Domestic Investment and Economic Growth in India? A Time Series Analysis," Review of Market Integration, India Development Foundation, vol. 4(3), pages 309-337, December.
- Jobert, Thomas & Karanfil, Fatih, 2007. "Sectoral energy consumption by source and economic growth in Turkey," Energy Policy, Elsevier, vol. 35(11), pages 5447-5456, November.
- Oh, Wankeun & Lee, Kihoon, 2004. "Energy consumption and economic growth in Korea: testing the causality relation," Journal of Policy Modeling, Elsevier, vol. 26(8-9), pages 973-981, December.
- Salahuddin, Mohammad & Gow, Jeff, 2014. "Economic growth, energy consumption and CO2 emissions in Gulf Cooperation Council countries," Energy, Elsevier, vol. 73(C), pages 44-58.
- Chen, Po-Chi & Yu, Ming-Miin & Chang, Ching-Cheng & Hsu, Shih-Hsun, 2008. "Total factor productivity growth in China's agricultural sector," China Economic Review, Elsevier, vol. 19(4), pages 580-593, December.
- Kanbur, Ravi & Zhang, Xiaobo, 1999. "Which Regional Inequality? The Evolution of Rural-Urban and Inland-Coastal Inequality in China from 1983 to 1995," Journal of Comparative Economics, Elsevier, vol. 27(4), pages 686-701, December.
- Wang, S.S. & Zhou, D.Q. & Zhou, P. & Wang, Q.W., 2011. "CO2 emissions, energy consumption and economic growth in China: A panel data analysis," Energy Policy, Elsevier, vol. 39(9), pages 4870-4875, September.
- Alshehry, Atef Saad & Belloumi, Mounir, 2015. "Energy consumption, carbon dioxide emissions and economic growth: The case of Saudi Arabia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 41(C), pages 237-247.
- Ouedraogo, Nadia S., 2013. "Energy consumption and economic growth: Evidence from the economic community of West African States (ECOWAS)," Energy Economics, Elsevier, vol. 36(C), pages 637-647.
- Zhang, Chuanguo & Xu, Jiao, 2012. "Retesting the causality between energy consumption and GDP in China: Evidence from sectoral and regional analyses using dynamic panel data," Energy Economics, Elsevier, vol. 34(6), pages 1782-1789.
- Nasreen, Samia & Anwar, Sofia, 2014. "Causal relationship between trade openness, economic growth and energy consumption: A panel data analysis of Asian countries," Energy Policy, Elsevier, vol. 69(C), pages 82-91.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Sofien, Tiba & Omri, Anis, 2016. "Literature survey on the relationships between energy variables, environment and economic growth," MPRA Paper 82555, University Library of Munich, Germany, revised 14 Sep 2016.
- Tiba, Sofien & Omri, Anis, 2017. "Literature survey on the relationships between energy, environment and economic growth," Renewable and Sustainable Energy Reviews, Elsevier, vol. 69(C), pages 1129-1146.
- Fang, Zheng & Chen, Yang, 2017. "Human capital, energy, and economic development – Evidence from Chinese provincial data," RIEI Working Papers 2017-03, Xi'an Jiaotong-Liverpool University, Research Institute for Economic Integration.
- Fang, Zheng & Chen, Yang, 2017. "Human capital and energy in economic growth – Evidence from Chinese provincial data," Energy Economics, Elsevier, vol. 68(C), pages 340-358.
- Xiao-Ying Dong & Qiying Ran & Yu Hao, 2019. "On the nonlinear relationship between energy consumption and economic development in China: new evidence from panel data threshold estimations," Quality & Quantity: International Journal of Methodology, Springer, vol. 53(4), pages 1837-1857, July.
- Pradhan, Rudra P. & Arvin, Mak B. & Nair, Mahendhiran & Bennett, Sara E. & Hall, John H., 2018. "The dynamics between energy consumption patterns, financial sector development and economic growth in Financial Action Task Force (FATF) countries," Energy, Elsevier, vol. 159(C), pages 42-53.
- Zhihui Lv & Amanda M. Y. Chu & Michael McAleer & Wing-Keung Wong, 2019. "Modelling Economic Growth, Carbon Emissions, and Fossil Fuel Consumption in China: Cointegration and Multivariate Causality," IJERPH, MDPI, vol. 16(21), pages 1-35, October.
- Kyophilavong, Phouphet & Shahbaz, Muhammad & Anwar, Sabeen & Masood, Sameen, 2015.
"The energy-growth nexus in Thailand: Does trade openness boost up energy consumption?,"
Renewable and Sustainable Energy Reviews, Elsevier, vol. 46(C), pages 265-274.
- Kyophilavong, Phouphet & Shahbaz, Muhammad & Anwar, Sabeen & Masood, Sameen, 2015. "The Energy-Growth Nexus in Thailand: Does Trade Openness Boost up Energy Consumption?," MPRA Paper 61914, University Library of Munich, Germany, revised 05 Feb 2015.
- Herrerias, M.J. & Joyeux, R. & Girardin, E., 2013.
"Short- and long-run causality between energy consumption and economic growth: Evidence across regions in China,"
Applied Energy, Elsevier, vol. 112(C), pages 1483-1492.
- Maria J. Herrerias & Roselyne Joyeux & Eric Girardin, 2013. "Short- and long-run causality between energy consumption and economic growth : evidence across regions in China," Post-Print hal-01499624, HAL.
- Hao, Yu & Peng, Hui, 2017. "On the convergence in China's provincial per capita energy consumption: New evidence from a spatial econometric analysis," Energy Economics, Elsevier, vol. 68(C), pages 31-43.
- Bloch, Harry & Rafiq, Shuddhasattwa & Salim, Ruhul, 2015. "Economic growth with coal, oil and renewable energy consumption in China: Prospects for fuel substitution," Economic Modelling, Elsevier, vol. 44(C), pages 104-115.
- Sheilla Nyasha & Yvonne Gwenhure & Nicholas M Odhiambo, 2018.
"Energy consumption and economic growth in Ethiopia: A dynamic causal linkage,"
Energy & Environment, , vol. 29(8), pages 1393-1412, December.
- Nyasha , Sheilla & Gwenhure, Yvonne & Odhiambo, Nicholas M, 2016. "Energy consumption and economic growth in Ethiopia: A dynamic causal linkage," Working Papers 20288, University of South Africa, Department of Economics.
- Smyth, Russell & Narayan, Paresh Kumar, 2015. "Applied econometrics and implications for energy economics research," Energy Economics, Elsevier, vol. 50(C), pages 351-358.
- Shahbaz, Muhammad & Zakaria, Muhammad & Shahzad, Syed Jawad Hussain & Mahalik, Mantu Kumar, 2018.
"The energy consumption and economic growth nexus in top ten energy-consuming countries: Fresh evidence from using the quantile-on-quantile approach,"
Energy Economics, Elsevier, vol. 71(C), pages 282-301.
- Shahbaz, Muhammad & Zakaria, Muhammad & Syed, Jawad & Kumar, Mantu, 2018. "The Energy Consumption and Economic Growth Nexus in Top Ten Energy-Consuming Countries: Fresh Evidence from Using the Quantile-on-Quantile Approach," MPRA Paper 84920, University Library of Munich, Germany, revised 01 Mar 2018.
- Zheng Fang & Marcin Wolski, 2021. "Human capital, energy and economic growth in China: evidence from multivariate nonlinear Granger causality tests," Empirical Economics, Springer, vol. 60(2), pages 607-632, February.
- Farzana Sharmin & Mohammed Robayet Khan & Mohammed Robayet Khan, 2016. "A Causal Relationship between Energy Consumption, Energy Prices and Economic Growth in Africa," International Journal of Energy Economics and Policy, Econjournals, vol. 6(3), pages 477-494.
- Hao, Yu & Wang, Ling-Ou & Lee, Chien-Chiang, 2020. "Financial development, energy consumption and China's economic growth: New evidence from provincial panel data," International Review of Economics & Finance, Elsevier, vol. 69(C), pages 1132-1151.
- Omri, Anis & Daly, Saida & Rault, Christophe & Chaibi, Anissa, 2015.
"Financial development, environmental quality, trade and economic growth: What causes what in MENA countries,"
Energy Economics, Elsevier, vol. 48(C), pages 242-252.
- Anis Omri & Saida Daly & Christophe Rault & Anissa Chaibi, 2015. "Financial Devlopment, Environmental Quality, Trade and Economic Growth: What Causes What in MENA Countries?," CESifo Working Paper Series 5204, CESifo.
- Omri, Anis & Daly, Saida & Rault, Christophe & Chaibi, Anissa, 2015. "Financial Development, Environmental Quality, Trade and Economic Growth: What Causes What in MENA Countries," IZA Discussion Papers 8868, Institute of Labor Economics (IZA).
- Anis Omri & Saida Daly & Anissa Chaibi & Christophe Rault, 2015. "Financial Development, Environmental Quality, Trade and Economic Growth : What Causes What in MENA Countries," Working Papers 2015-622, Department of Research, Ipag Business School.
- Le, Thai-Ha & Nguyen, Canh Phuc, 2019. "Is energy security a driver for economic growth? Evidence from a global sample," Energy Policy, Elsevier, vol. 129(C), pages 436-451.
- Zhang, Qianxue & Liao, Hua & Hao, Yu, 2018. "Does one path fit all? An empirical study on the relationship between energy consumption and economic development for individual Chinese provinces," Energy, Elsevier, vol. 150(C), pages 527-543.
More about this item
Keywords
Rural area; Energy consumption; Investment; Economic growth; Panel data;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:energy:v:154:y:2018:i:c:p:374-382. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/energy .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.