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DOI10.1016/j.spc.2021.01.006
An empirical analysis of the household consumption-induced carbon emissions in China
Liu J.; Murshed M.; Chen F.; Shahbaz M.; Kirikkaleli D.; Khan Z.
发表日期2021
ISSN23525509
起始页码943
结束页码957
卷号26
英文摘要As China is becoming a domestic demand oriented economy, it is pertinent to address its household consumption-induced carbon emissions for ensuring environmental sustainability. Besides, managing the household consumption-induced carbon emissions is vital to the attainment of the nation's carbon neutrality agenda of 2060. Hence, this study examines the effects of household consumption on carbon emissions using the Chinese provincial data from 1995 to 2017. The third-generation unit root and cointegration tests are employed to account for structural breaks. Moreover, simultaneously accounting for cross-sectional dependency and slope heterogeneity concerns, the short- and long-run elasticities of carbon emissions are predicted using the pooled mean group, the common correlated effects mean group and the recently developed cross-sectional augmented autoregressive distributed lag estimators. The results, in a nutshell, reveal that household consumption attributes to greater carbon emissions. Apart from household consumption, similar adverse environmental impacts of financial development are ascertained. In contrast, technological innovation and renewable energy consumption are found to curb the carbon emissions. In line with the findings, it is recommended that household consumption of direct and indirect energy should ideally be sourced from renewable resources whereby the adverse environmental impacts of household consumption in China can be reduced. Thus, investment in renewable energy production could be a key energy policy for China. Besides, levying a carbon tax on energy-intensive commodities can also be a means to further reduce the household-consumption induced carbon emissions. © 2021
英文关键词Carbon emissions; China; Cross-sectional dependency; Cs-ardl; Household consumption; Slope heterogeneity
scopus关键词Carbon; Economics; Energy utilization; Investments; Renewable energy resources; Sustainable development; Adverse environmental impacts; Co-integration tests; Environmental sustainability; Financial development; Household Consumption; Renewable energy consumption; Short and long-run elasticities; Technological innovation; Environmental impact
来源期刊Sustainable Production and Consumption
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/177078
作者单位The Postdoctoral Research Station of The China Securities Regulatory Commission, The China Institute of Finance and Capital Markets (CIFCM); School of Business and Economics, North South UniversityDhaka, Bangladesh; School of International Trade and Economics, University of International Business and Economics (UIBE), Beijing, 100029, China; School of Management and Economics, Beijing Institute of TechnologyBeijing, China; European University of Lefke, Faculty of Economic and Administrative Sciences, Department of Banking and Finance, Lefke, Northern Cyprus TR-10 Mersin, Turkey; School of Economics and Management (SEM), Tsinghua UniversityBeijing, China
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Liu J.,Murshed M.,Chen F.,et al. An empirical analysis of the household consumption-induced carbon emissions in China[J],2021,26.
APA Liu J.,Murshed M.,Chen F.,Shahbaz M.,Kirikkaleli D.,&Khan Z..(2021).An empirical analysis of the household consumption-induced carbon emissions in China.Sustainable Production and Consumption,26.
MLA Liu J.,et al."An empirical analysis of the household consumption-induced carbon emissions in China".Sustainable Production and Consumption 26(2021).
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