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Research on regional differences of the impact of clean energy development on carbon dioxide emission and economic growth

Author

Listed:
  • Weiping Jia

    (Hunan University of Arts and Science)

  • Xianwen Jia

    (Hunan University of Arts and Science)

  • Ling Wu

    (Hunan University of Arts and Science)

  • Yanbing Guo

    (Hunan University of Arts and Science)

  • Teng Yang

    (Hunan University of Arts and Science)

  • Ermei Wang

    (Hunan University of Arts and Science)

  • Pan Xiao

    (Hunan University of Arts and Science)

Abstract

“China is by far the world’s largest importer of oil and emitter of carbon dioxide.” Therefore, clean energy development (CED) is of great practical significance to reduce carbon dioxide emission (CDE), ensure energy security, and achieve green economic growth. What is the role of CED in reducing CDE? Can CED, which requires significant investment, promote economic growth? For the above aims, according to the panel data of 30 provinces composed of accurate data during 1979 to 2016 and prediction data from 2017 to 2030 in China, this research employs “a non-parametric and additive regression model” to explore the linear and nonlinear influence of CED on CDE and economic growth. The results show that CED does not play an essential role in reducing CDE and fostering economic growth from a linear perspective; the influence of CED on CDE and economic growth in China’s western, central and eastern regions is significantly different from a nonlinear perspective. Hence, the Chinese government ought to fully play the critical role of clean energy in reducing CDE and fostering economic growth.

Suggested Citation

  • Weiping Jia & Xianwen Jia & Ling Wu & Yanbing Guo & Teng Yang & Ermei Wang & Pan Xiao, 2022. "Research on regional differences of the impact of clean energy development on carbon dioxide emission and economic growth," Palgrave Communications, Palgrave Macmillan, vol. 9(1), pages 1-9, December.
    • Handle: RePEc:pal:palcom:v:9:y:2022:i:1:d:10.1057_s41599-021-01030-2
    DOI: 10.1057/s41599-021-01030-2
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    2. Lei Li & Xiaoyu Ma & Shaojun Ma & Feng Gao, 2024. "Role of green finance in regional heterogeneous green innovation: Evidence from China," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-13, December.
    3. Yue Yu & Yishuang Xu, 2023. "The Roles of Carbon Trading System and Sustainable Energy Strategies in Reducing Carbon Emissions—An Empirical Study in China with Panel Data," IJERPH, MDPI, vol. 20(8), pages 1-20, April.
    4. Weijian Du & Mengjie Li & Zhaohua Wang, 2024. "The inferiors imitate the superiors: the government’s low-carbon concerns and the renewable energy technology of firms," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-10, December.
    5. Ru Sha & Tao Ge & Jinye Li, 2022. "How Energy Price Distortions Affect China’s Economic Growth and Carbon Emissions," Sustainability, MDPI, vol. 14(12), pages 1-27, June.
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    8. Xu, Xin & An, Haizhong & Huang, Shupei & Jia, Nanfei & Qi, Yajie, 2024. "Measurement of daily climate physical risks and climate transition risks faced by China's energy sector stocks," International Review of Economics & Finance, Elsevier, vol. 93(PB), pages 625-640.

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