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The impact of growth, energy and financial development on environmental pollution in China: New evidence from a spatial econometric analysis

Zhao, Jing, Zhao, Ziru, Zhang, Huan·2021·Energy Economics
DOI 10.1016/j.eneco.2019.104506
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Abstract

Abstract This research examines data from 30 Chinese provinces from 1999 to 2017 to investigate the impacts of economic growth, energy consumption, and financial development on environmental pollution. Using spatial econometrics, we find that energy consumption has increased environmental pollution. Moreover, the direct effects of two indicators measuring financial development—financial depth and financial efficiency—on environmental pollution are directly negative and positive, respectively. Moreover, these two financial development indicators moderate the effects of technical progress and industry structure on environmental pollution differently. The “inverted N”-shaped environmental Kuznets curve relationship is well supported for SO2 and solid waste.

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Metadata

Authors
Zhao, J., Zhao, Z., & Zhang, H.
Venue
Energy Economics
Publisher
Elsevier BV
Published
2021-01
Volume
93
Pages
104506
ISSN
0140-9883 (ISSN-L)
DOI
10.1016/j.eneco.2019.104506
OpenAlex
W2971691957
Cited by
261
References
4
FWCI
32.11
Type
journal article
Language
en
Open access
closed
Licence
  • www.elsevier.com/tdm/userlicense/1.0/ (tdm)
  • www.elsevier.com/legal/tdmrep-license (tdm)
Funders
National Planning Office of Philosophy and Social Science

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Zhao, J., Zhao, Z., & Zhang, H. (2021). The impact of growth, energy and financial development on environmental pollution in China: New evidence from a spatial econometric analysis. Energy Economics. https://doi.org/10.1016/j.eneco.2019.104506

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