Faculty of Economics Administrative and Social sciences, Istanbul Gelisim University, Istanbul, Turkey.
Department of Accounting, Analysis and Audit, School of Economics and Management, South Ural State University, 76, Lenin Aven., Chelyabinsk, 454080, Russia.
Environ Sci Pollut Res Int. 2020 Aug;27(23):29644-29658. doi: 10.1007/s11356-020-08866-2. Epub 2020 May 22.
This study is primarily motivated by exploring the role of globalization, energy intensity over economic expansion, and its impact on environmental sustainability in China. To this end, a sequence of econometrics tests were conducted to address this hypothesized relationship. The choice of China is informed by intense industrial activities and being one of the leading world economies. Annual frequency data from 1971 to 2015 is utilized for the current study. Empirical finding from novel and robust Bayer and Hanck combined cointegration test supports cointegration equilibrium relationship among the variables under review. This indicates a convergence between the explanatory variable and the explained variable in the fitted model. Further empirical evidence shows a positive statistically significant relationship between real income, ecological footprint, and globalization index. This outcome is insightful for environmental economists and policymakers. The causality analysis supports the growth-induced energy consumption hypothesis. Based on these revelations, policy direction for the energy sector in China in the face of global interconnectedness is offered in the concluding remark of this study.
本研究主要旨在探索全球化、能源强度对经济扩张的影响及其对中国环境可持续性的影响。为此，进行了一系列计量经济学检验来验证这一假设关系。选择中国是因为其工业活动密集，并且是世界主要经济体之一。本研究使用了 1971 年至 2015 年的年度频率数据。新颖而稳健的 Bayer 和 Hanck 联合协整检验的实证结果支持了所审查变量之间的协整均衡关系。这表明在拟合模型中解释变量和被解释变量之间存在收敛。进一步的实证证据表明，实际收入、生态足迹和全球化指数之间存在正相关的统计显著关系。这一结果对环境经济学家和政策制定者具有启示意义。因果关系分析支持增长引起的能源消费假说。基于这些发现，本研究在结论部分为中国在全球互联的背景下面临的能源部门政策方向提供了建议。
