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Energy Production and Regional Economic Growth in China: A More Comprehensive Analysis Using a Panel Model

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  • Yaobin Liu

    (School of Economics and Management, Nanchang University, Nanchang 330031, China)

Abstract

China has witnessed a fast economic growth in the recent two decades. However, the heavy energy exploitation seems to show a negative relation to regional economic growth. Thus, the issue is whether the energy production is a curse or blessing for the regional economic growth in China. The present study deploys a comprehensive approach to rigorously prove the validity of a proposed panel data model that includes a second generation panel unit root test and panel cointegration and a spatial panel model. The results from the second generation panel unit root test and panel cointegration allowing for cross-sectional dependences show the differenced series are stationary and there exists a cointegration relationship among these variables for all sub-regions. The results from the spatial panel data model support the conjecture of the spatial dependent and show that there is a “resource curse” only for the Western region and Central region in China.

Suggested Citation

  • Yaobin Liu, 2013. "Energy Production and Regional Economic Growth in China: A More Comprehensive Analysis Using a Panel Model," Energies, MDPI, vol. 6(3), pages 1-12, March.
    • Handle: RePEc:gam:jeners:v:6:y:2013:i:3:p:1409-1420:d:24009
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    Cited by:

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    2. Farah Amir, 2020. "Role of Financial Development in Economic Globalization: Evidence from Six Developing Countries," Journal of Accounting, Business and Finance Research, Scientific Publishing Institute, vol. 10(1), pages 26-33.
    3. Sharma, Rajesh & Shahbaz, Muhammad & Sinha, Avik & Vo, Xuan Vinh, 2021. "Examining the temporal impact of stock market development on carbon intensity: Evidence from South Asian countries," MPRA Paper 108925, University Library of Munich, Germany, revised 2021.
    4. Hualin Xie & Guiying Liu & Qu Liu & Peng Wang, 2014. "Analysis of Spatial Disparities and Driving Factors of Energy Consumption Change in China Based on Spatial Statistics," Sustainability, MDPI, vol. 6(4), pages 1-17, April.
    5. Hui Hu & Weijun Ran & Yuchen Wei & Xiang Li, 2020. "Do Energy Resource Curse and Heterogeneous Curse Exist in Provinces? Evidence from China," Energies, MDPI, vol. 13(17), pages 1-26, August.
    6. Cheng Peng & Dianzhuang Feng & Hai Long, 2022. "Assessing the Contribution of Natural Gas Exploitation to the Local Economic Growth in China," Energies, MDPI, vol. 15(16), pages 1-17, August.
    7. Sharma, Rajesh & Sinha, Avik & Kautish, Pradeep, 2021. "Do economic endeavors complement sustainability goals in the emerging economies of South and Southeast Asia?," MPRA Paper 108163, University Library of Munich, Germany, revised 2021.
    8. Rajesh Sharma & Muhammad Shahbaz & Pradeep Kautish & Xuan Vinh Vo, 2023. "Diversified imports as catalysts for ecological footprint: examining the BRICS experience," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 25(4), pages 3153-3181, April.
    9. Sharma, Rajesh & Sinha, Avik & Kautish, Pradeep, 2021. "Does financial development reinforce environmental footprints? Evidence from emerging Asian countries," MPRA Paper 108161, University Library of Munich, Germany, revised 2021.
    10. Xu, Bin & Lin, Boqiang, 2015. "How industrialization and urbanization process impacts on CO2 emissions in China: Evidence from nonparametric additive regression models," Energy Economics, Elsevier, vol. 48(C), pages 188-202.
    11. Yi Hu & Dongmei Guo & Mingxi Wang & Xi Zhang & Shouyang Wang, 2015. "The Relationship between Energy Consumption and Economic Growth: Evidence from China’s Industrial Sectors," Energies, MDPI, vol. 8(9), pages 1-15, August.

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