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image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao The Science of The T...arrow_drop_down
image/svg+xml Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao Closed Access logo, derived from PLoS Open Access logo. This version with transparent background. http://commons.wikimedia.org/wiki/File:Closed_Access_logo_transparent.svg Jakob Voss, based on art designer at PLoS, modified by Wikipedia users Nina and Beao
The Science of The Total Environment
Article . 2018 . Peer-reviewed
License: Elsevier TDM
Data sources: Crossref
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The dynamic links between CO2 emissions, energy consumption and economic development in the countries along “the Belt and Road”

Authors: Yu Hao; Yunyang Liu; Yunyang Liu;

The dynamic links between CO2 emissions, energy consumption and economic development in the countries along “the Belt and Road”

Abstract

China has proposed the Belt and Road Initiative to promote the cooperation of energy production and trade between the relevant countries. This paper investigates the relationship between the energy consumption and economic growth of the countries along the Belt and Road using a panel of data for 69 countries during the period between 1970 and 2013. Both of the renewable and traditional fossil energy consumptions are investigated in this study. By employing vector error correction model (VECM), fully modified OLS (FMOLS) and dynamic OLS (DOLS) approaches, the estimation results indicate that the nexuses of the energy consumption and economic developments vary across different subgroups. For the entire group, there is evidence of long-run bidirectional causalities among carbon emissions, energy use, industry value added and GDP per capita. For the energy-importing countries along the Belt and Road, there exists unidirectional short-run causality running from GDP to renewable energy and long-run causality in the reverse direction. In contrast, for the energy-exporting countries, there is a bidirectional causality between the energy use and GDP per capita in the long run. These findings suggest significant cooperation potential in the economies and trades of China and the Belt and Road countries.

Related Organizations
Keywords

China, Gross Domestic Product, Carbon Dioxide, Air Pollution, Economic Development, Renewable Energy

  • BIP!
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    citations
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    influence
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    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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Found an issue? Give us feedback
citations
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
202
Top 0.1%
Top 10%
Top 1%