4.7 Article

How does fossil energy abundance affect China's economic growth and CO2 emissions?

Journal

SCIENCE OF THE TOTAL ENVIRONMENT
Volume 719, Issue -, Pages -

Publisher

ELSEVIER
DOI: 10.1016/j.scitotenv.2020.137503

Keywords

Fossil energy abundance; Economic growth; CO2 emissions; Nonparametric additive regression models

Funding

  1. Ministry of Education of China [10JBG013]
  2. China National Social Science Fund [17AZD013]
  3. National Natural Science Foundation of China [71974085, 61973145, 71863015, 71563014]
  4. Jiangxi Natural Science Foundation of Jiangxi Province [2018ACB29001]

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The paper uses the nonparametric additive regression model with data- driven characteristics to investigate the impact of fossil energy abundance on China's economic growth and carbon dioxide (CO2) emissions. The results show that the effect of fossil energy abundance on economic growth shows an inverted U-shaped pattern in the eastern region, due to the changes in coal mining, oil processing, and coking investments. On the contrary, fossil energy abundance exerts a positive U-shaped nonlinear effect on economic growth in the central region. This indicates that in the early stages fossil energy abundance did not play a role in promoting economic growth, and its driving effect was only prominent in the later stages. In addition, fossil energy abundance generates a positive U-shaped impact on CO2 emissions in the eastern and central regions, because of the changes in coal and oil consumption at different stages. However, fossil energy abundance has an inverted U-shaped nonlinear effect on CO2 emissions in the western region, on account of the phase difference in the production and consumption of natural gas and oil. (C) 2020 Elsevier B.V. All rights reserved.

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