King Mongkut's Institute of Technology Ladkrabang, Bangkok, Thailand.
School of Public Administration, Xiangtan University, Hunan, People's Republic of China.
Environ Sci Pollut Res Int. 2022 Oct;29(48):73542-73551. doi: 10.1007/s11356-022-21011-5. Epub 2022 May 27.
China is the most polluted economy in the world, facing the challenges of increased CO emissions. In this way, energy consumption is a key factor in CO emissions. To this end, this study empirically examines the effects of financial inclusion and education on energy consumption by employing the ARDL approach for China during the period 1995-2019. The results suggest that financial inclusion has a positive effect on renewable energy consumption, but a negative impact on renewable energy and total energy consumption. The results show that education reduces non-renewable consumption and increases renewable energy consumption in the long term. Long-run and short-run findings are also consistent and robust in the sensitivity analysis. Based on findings, China should invest in the education sector and increase financial inclusion to reduce energy consumption to meet environmental sustainability.
中国是世界上污染最严重的经济体，面临着 CO 排放量增加的挑战。在这种情况下，能源消耗是 CO 排放的关键因素。为此，本研究采用 1995-2019 年中国的 ARDL 方法，实证检验了金融包容性和教育对能源消耗的影响。结果表明，金融包容性对可再生能源消费有正向影响，但对可再生能源和总能源消费有负向影响。结果表明，教育在长期内减少了不可再生能源的消耗，增加了可再生能源的消耗。在敏感性分析中，长期和短期的结果也是一致和稳健的。基于这些发现，中国应该投资于教育部门，增加金融包容性，以减少能源消耗，实现环境可持续性。
