IDEAS home Printed from https://ideas.repec.org/a/eee/renene/v217y2023ics0960148123010467.html
   My bibliography  Save this article

Developing a model between trade openness and economic recovery: Panel data analysis for Chinese pilot-regions

Author

Listed:
  • Li, Lin
  • Jiang, Hanye
  • Liu, Meishan
  • Wu, Qihan

Abstract

Understanding trade liberalization's influence on economic recovery is paramount in formulating efficacious policy measures, particularly within renewable energy advancement. This study utilizes panel data analysis to examine the correlation between trade liberalization and economic revitalization in the pilot regions of China, with a particular emphasis on the renewable energy sector. This study incorporates data collected from 30 provinces in China, covering the period from 1990 to 2019. This study examines the impact of trade openness on the economic recovery and growth of China's experimental zones, with a specific focus on the renewable energy sector. To achieve this objective, panel data approaches will be employed. The results of this research offer significant contributions for policymakers and academics interested in designing customized strategies to promote economic growth and stability, specifically focusing on the renewable energy sector in China's regions.

Suggested Citation

  • Li, Lin & Jiang, Hanye & Liu, Meishan & Wu, Qihan, 2023. "Developing a model between trade openness and economic recovery: Panel data analysis for Chinese pilot-regions," Renewable Energy, Elsevier, vol. 217(C).
    • Handle: RePEc:eee:renene:v:217:y:2023:i:c:s0960148123010467
    DOI: 10.1016/j.renene.2023.119132
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0960148123010467
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.renene.2023.119132?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Taylor, Linda, 1993. "Fuel Poverty: From Cold Homes to Affordable Warmth," Energy Policy, Elsevier, vol. 21(10), pages 1071-1072, October.
    2. Zhang, Dongyang & Mohsin, Muhammad & Rasheed, Abdul Khaliq & Chang, Youngho & Taghizadeh-Hesary, Farhad, 2021. "Public spending and green economic growth in BRI region: Mediating role of green finance," Energy Policy, Elsevier, vol. 153(C).
    3. Gao, Huasheng & Shi, Donghui & Zhao, Bin, 2021. "Does good luck make people overconfident? Evidence from a natural experiment in the stock market," Journal of Corporate Finance, Elsevier, vol. 68(C).
    4. Mohsin, Muhammad & Taghizadeh-Hesary, Farhad & Shahbaz, Muhammad, 2022. "Nexus between financial development and energy poverty in Latin America," Energy Policy, Elsevier, vol. 165(C).
    5. Haleemunnissa, S. & Didel, Siyaram & Swami, Mukesh Kumar & Singh, Kuldeep & Vyas, Varuna, 2021. "Children and COVID19: Understanding impact on the growth trajectory of an evolving generation," Children and Youth Services Review, Elsevier, vol. 120(C).
    6. Alkire, Sabina & Foster, James, 2011. "Counting and multidimensional poverty measurement," Journal of Public Economics, Elsevier, vol. 95(7-8), pages 476-487, August.
    7. Rafi, Muhammed & Naseef, Mohemmad & Prasad, Salu, 2021. "Multidimensional energy poverty and human capital development: Empirical evidence from India," Energy Economics, Elsevier, vol. 101(C).
    8. Xiuzhen, Xie & Zheng, Wenxiu & Umair, Muhammad, 2022. "Testing the fluctuations of oil resource price volatility: A hurdle for economic recovery," Resources Policy, Elsevier, vol. 79(C).
    9. Agyekum, Ephraim Bonah & Amjad, Fahd & Mohsin, Muhammad & Ansah, Michael Nii Sanka, 2021. "A bird's eye view of Ghana's renewable energy sector environment: A Multi-Criteria Decision-Making approach," Utilities Policy, Elsevier, vol. 70(C).
    10. Hu, Feng & Xi, Xun & Zhang, Yueyue, 2021. "Influencing mechanism of reverse knowledge spillover on investment enterprises’ technological progress: An empirical examination of Chinese firms," Technological Forecasting and Social Change, Elsevier, vol. 169(C).
    11. Azer Dilanchiev & Aligul Aghayev & Md. Hasanur Rahman & Jannatul Ferdaus & Araz Baghirli, 2021. "Dynamic Analysis for Measuring the Impact of Remittance Inflows on Inflation: Evidence From Georgia," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 12(1), pages 339-347, January.
    12. Chang, Lei & Qian, Chong & Dilanchiev, Azer, 2022. "Nexus between financial development and renewable energy: Empirical evidence from nonlinear autoregression distributed lag," Renewable Energy, Elsevier, vol. 193(C), pages 475-483.
    13. Taghizadeh-Hesary, Farhad & Rasoulinezhad, Ehsan & Shahbaz, Muhammad & Vinh Vo, Xuan, 2021. "How energy transition and power consumption are related in Asian economies with different income levels?," Energy, Elsevier, vol. 237(C).
    14. Okushima, Shinichiro, 2017. "Gauging energy poverty: A multidimensional approach," Energy, Elsevier, vol. 137(C), pages 1159-1166.
    15. Eduard Petrovskiy & Fedor Buryukin & Vladimir Bukhtiyarov & Irina Savich & Mariya Gagina, 2015. "The FMEA-Risk Analysis of Oil and Gas Process Facilities with Hazard Assessment Based on Fuzzy Logic," Modern Applied Science, Canadian Center of Science and Education, vol. 9(5), pages 1-25, May.
    16. Leckel, Anja & Veilleux, Sophie & Dana, Leo Paul, 2020. "Local Open Innovation: A means for public policy to increase collaboration for innovation in SMEs," Technological Forecasting and Social Change, Elsevier, vol. 153(C).
    17. Liu, Yang & Dilanchiev, Azer & Xu, Kaifei & Hajiyeva, Aytan Merdan, 2022. "Financing SMEs and business development as new post Covid-19 economic recovery determinants," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 554-567.
    18. Falagiarda, Matteo & Prapiestis, Algirdas & Rancoita, Elena, 2020. "Public loan guarantees and bank lending in the COVID-19 period," Economic Bulletin Boxes, European Central Bank, vol. 6.
    19. Adedeji, Abdulkabir N. & Ahmed, Funmilola F. & Adam, Shehu U., 2021. "Examining the dynamic effect of COVID-19 pandemic on dwindling oil prices using structural vector autoregressive model," Energy, Elsevier, vol. 230(C).
    20. Li, ChangZheng & Umair, Muhammad, 2023. "Does green finance development goals affects renewable energy in China," Renewable Energy, Elsevier, vol. 203(C), pages 898-905.
    21. Thomas Stubbs & Bernhard Reinsberg & Alexander Kentikelenis & Lawrence King, 2020. "How to evaluate the effects of IMF conditionality," The Review of International Organizations, Springer, vol. 15(1), pages 29-73, January.
    22. Zhou, Liying & Jin, Fei & Wu, Banggang & Chen, Zhi & Wang, Cheng Lu, 2023. "Do fake followers mitigate influencers’ perceived influencing power on social media platforms? The mere number effect and boundary conditions," Journal of Business Research, Elsevier, vol. 158(C).
    23. Guo, Qingbin & Zhong, Jinrong, 2022. "The effect of urban innovation performance of smart city construction policies: Evaluate by using a multiple period difference-in-differences model," Technological Forecasting and Social Change, Elsevier, vol. 184(C).
    24. Matraeva, Lilia & Solodukha, Petr & Erokhin, Sergey & Babenko, Maria, 2019. "Improvement of Russian energy efficiency strategy within the framework of "green economy" concept (based on the analysis of experience of foreign countries)," Energy Policy, Elsevier, vol. 125(C), pages 478-486.
    Full references (including those not matched with items on IDEAS)

    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.
    1. Liu, Zhaoyi & Tu, Yongqian, 2023. "Nexus among financial innovation, natural resources and economic recovery: A fresh empirical insight from China," Resources Policy, Elsevier, vol. 84(C).
    2. Wang, Jiacheng & Yang, Jianchao & Yang, Li, 2023. "Do natural resources play a role in economic development? Role of institutional quality, trade openness, and FDI," Resources Policy, Elsevier, vol. 81(C).
    3. Zhang, Ziwei & Fu, Hu & Xie, Shiqi & Cifuentes-Faura, Javier & Urinov, Bobur, 2023. "Role of green finance and regional environmental efficiency in China," Renewable Energy, Elsevier, vol. 214(C), pages 407-415.
    4. Telfah, Sadeq & Chau, Ka Yin & Tran, Trung Kien & Bui, Anh Tuan & Tai, Nguyen Tan & Phan, Thi Thu Hien, 2023. "Role of financial markets and natural resource utilization in green economic recovery: Evidence from selected developing economies," Resources Policy, Elsevier, vol. 83(C).
    5. An, Zhengzhen & Zhao, Yue & Zhang, Yanfei, 2023. "Mineral exploration and the green transition: Opportunities and challenges for the mining industry," Resources Policy, Elsevier, vol. 86(PA).
    6. Yu, Mengyan & Umair, Muhammad & Oskenbayev, Yessengali & Karabayeva, Zhаnsaya, 2023. "Exploring the nexus between monetary uncertainty and volatility in global crude oil: A contemporary approach of regime-switching," Resources Policy, Elsevier, vol. 85(PB).
    7. Li, Junji & Wang, Rui & Aizhan, Duisebayeva & Karimzade, Mehriban, 2023. "Assessing the impacts of Covid-19 on stock exchange, gold prices, and financial markets: Fresh evidences from econometric analysis," Resources Policy, Elsevier, vol. 83(C).
    8. Zhang, Rongxin & Aljumah, Ahmad Ibrahim & Ghardallou, Wafa & Li, Zeyun & Li, Jinhua & Cifuentes-Faura, Javier, 2023. "How economic development promotes the sustainability targets? Role of natural resources utilization," Resources Policy, Elsevier, vol. 85(PA).
    9. Qi, Haozhi & Huang, Xucheng & Sheeraz, Muhammad, 2023. "Green financing for renewable energy development: Driving the attainment of zero-emission targets," Renewable Energy, Elsevier, vol. 213(C), pages 30-37.
    10. Fang, Ying & Fan, Ying & Haroon, Muhammad & Dilanchiev, Azer, 2023. "Exploring the relationship between global economic policy and volatility of crude futures: A two-factor GARCH-MIDAS analysis," Resources Policy, Elsevier, vol. 85(PA).
    11. Jianhe Wang & Mengxing Cui & Lei Chang, 2023. "Evaluating economic recovery by measuring the COVID-19 spillover impact on business practices: evidence from Asian markets intermediaries," Economic Change and Restructuring, Springer, vol. 56(3), pages 1629-1650, June.
    12. Tang, Qianning & Shahla, Rzayeva & Leyla, Aliyeva & Sevinj, Huseynova, 2023. "Moderating role of carbon emission and institutional stability on renewable energy across developing countries," Renewable Energy, Elsevier, vol. 209(C), pages 413-419.
    13. Fan, Weina & Anser, Muhammad Khalid & Nasir, Muhammad Hamid & Nazar, Raima, 2023. "Uncertainty in firm innovation scheme and impact of green fiscal policy; Economic recovery of Chinese firms in the post-Covid-19 era," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 1424-1439.
    14. Xia, Yu, 2023. "Role of stock market return and natural resources utilisation on green economic development: Empirical evidence from China," Resources Policy, Elsevier, vol. 81(C).
    15. Zhao, Xue & Xie, Chengyuan & Huang, Lu & Wang, Yaru & Han, Tongyun, 2023. "How digitalization promotes the sustainable integration of culture and tourism for economic recovery," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 988-1000.
    16. Xu, Zilin & Mohsin, Muhammad & Ullah, Kaleem & Ma, Xiaoyu, 2023. "Using econometric and machine learning models to forecast crude oil prices: Insights from economic history," Resources Policy, Elsevier, vol. 83(C).
    17. Li, Yali & Pang, Dezhi & Cifuentes-Faura, Javier, 2023. "Time-Varying linkages among financial development, natural resources utility, and globalization for economic recovery in China," Resources Policy, Elsevier, vol. 82(C).
    18. Cao, Feifei, 2023. "Digital financial innovation and renewable electrification: A step toward zero carbon nexus," Renewable Energy, Elsevier, vol. 215(C).
    19. Chen, Wei & Zou, Wandan & Zhong, Kaiyang & Aliyeva, Alina, 2023. "Machine learning assessment under the development of green technology innovation: A perspective of energy transition," Renewable Energy, Elsevier, vol. 214(C), pages 65-73.
    20. Sun, Gebing & Li, Guozhi & Dilanchiev, Azer & Kazimova, Asli, 2023. "Promotion of green financing: Role of renewable energy and energy transition in China," Renewable Energy, Elsevier, vol. 210(C), pages 769-775.

    Corrections

    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:renene:v:217:y:2023:i:c:s0960148123010467. 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/renewable-energy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.