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Green finance, energy consumption, urbanization, and economic growth: Quantile based evidence from China.

Authors :
Liu, Jiexian
Fu, Quan'an
Source :
Environmental Science & Pollution Research; Aug2023, Vol. 30 Issue 37, p88155-88166, 12p
Publication Year :
2023

Abstract

This study investigates the relationships between energy consumption, urbanization, green finance, and economic growth in China. By utilizing the quantile ARDL model and considering labor and capital as input factors, we analyze the period from 1999 to 2022. Our findings reveal that green finance and urbanization have negative effects on economic growth across different quantiles, in both the short and long run. Conversely, energy consumption exhibits a significantly positive impact on growth in various quantiles. Policymakers are encouraged to implement sustainable energy measures, promote eco-friendly urban planning, and embrace green technology to achieve both economic growth and environmental sustainability. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
09441344
Volume :
30
Issue :
37
Database :
Complementary Index
Journal :
Environmental Science & Pollution Research
Publication Type :
Academic Journal
Accession number :
169808353
Full Text :
https://doi.org/10.1007/s11356-023-28590-x