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How Do the Industrial Structure Optimization and Urbanization Development Affect Energy Consumption in Zhejiang Province of China?

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  • Huiqin Jiang

    (College of Politics and Public Administration, Zhejiang University of Technology, Hangzhou 310023, China
    Center for Green Low-Carbon Development Research, Zhejiang University of Technology, Hangzhou 310023, China
    College of Economics and Management, Zhejiang University of Technology, Hangzhou 310023, China)

  • Xiao Zhang

    (College of Politics and Public Administration, Zhejiang University of Technology, Hangzhou 310023, China)

  • Xinxiao Shao

    (College of Politics and Public Administration, Zhejiang University of Technology, Hangzhou 310023, China)

  • Jianqiang Bao

    (College of Politics and Public Administration, Zhejiang University of Technology, Hangzhou 310023, China
    Center for Green Low-Carbon Development Research, Zhejiang University of Technology, Hangzhou 310023, China)

Abstract

In response to global climate change, China has voluntarily assumed responsibility and has pledged to reach its peak in carbon emissions by 2030. Industrial structure and urbanization have important impacts on energy consumption. This paper empirically analyzes the dynamic influence of industrial structure and urbanization on energy consumption in the Zhejiang Province of China by constructing a structural vector auto regressive model using impulse response function and variance decomposition. The results show a positive impact of urbanization on energy consumption, which increases and then gradually decreases, and an impact of industrial structure on energy consumption. The results also indicate that it will take a certain period of time for an increase in the proportion of tertiary industry to curb the growth of energy consumption. Urbanization has a greater impact on energy consumption than does industrial structure.

Suggested Citation

  • Huiqin Jiang & Xiao Zhang & Xinxiao Shao & Jianqiang Bao, 2018. "How Do the Industrial Structure Optimization and Urbanization Development Affect Energy Consumption in Zhejiang Province of China?," Sustainability, MDPI, vol. 10(6), pages 1-12, June.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:6:p:1889-:d:150811
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    2. Zeeshan Khan & Muhsin Ali & Dervis Kirikkaleli & Salman Wahab & Zhilun Jiao, 2020. "The impact of technological innovation and public‐private partnership investment on sustainable environment in China: Consumption‐based carbon emissions analysis," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(5), pages 1317-1330, September.
    3. Ying Jiang & Chong Li & Jizhou Zhang & Xiaoyi Zhou, 2019. "Financial Stability and Sustainability under the Coordination of Monetary Policy and Macroprudential Policy: New Evidence from China," Sustainability, MDPI, vol. 11(6), pages 1-21, March.
    4. Shengli Dai & Yingying Wang & Weimin Zhang, 2022. "The Impact Relationships between Scientific and Technological Innovation, Industrial Structure Advancement and Carbon Footprints in China Based on the PVAR Model," IJERPH, MDPI, vol. 19(15), pages 1-21, August.

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