Journal
ENERGIES
Volume 15, Issue 1, Pages -Publisher
MDPI
DOI: 10.3390/en15010062
Keywords
energy consumption; economic growth; CO2E; co-integration; Suzhou
Categories
Funding
- National Natural Science Foundation of China [7167031130, 71774071]
- Key Research Base of Universities in Jiangsu Province for Philosophy and Social Science Research Center for Green Development and Environmental Governance
- RUDN University Strategic Academic Leadership Program
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This study empirically examines the effect of economic development on carbon emissions and finds an inverted U-shape relationship between economic development and carbon emissions. Trade openness and industrial share positively contribute to increasing carbon emissions, while energy use shows an insignificant association with carbon emissions.
This study empirically examines the effect of economic development on carbon emissions and revisits the environmental Kuznets curve in Suzhou, China. The study made use of the Gross Domestic Product Per Capita (GDPPC) of Suzhou, China as an indicator of economic development as it depicts the entire developmental ecosystem that indicates the level of production activities and total energy consumption. Bearing this in mind, the authors postulate that economic development directly increases carbon emissions through industrial and domestic consumptions. For this purpose, linear and non-linear approaches to cointegration are applied. The study finds the existence of an inverted U-shape relationship between economic development and carbon emission in the long run. Trade openness and industrial share are positively contributing to increasing carbon emissions. Energy use shows a positive sign but an insignificant association with carbon emissions. The study concludes that carbon emissions in Suzhou should be further decreased followed by policy recommendations.
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