China s Economic Growth and Energy Consumption

Huanying Cui
Additional contact information
Huanying Cui: School of Economics and Management, Southwest Jiaotong University, China

International Journal of Energy Economics and Policy, 2016, vol. 6, issue 2, 349-355

Abstract: Economic growth needs to consume large amounts of fossil energy, which will result in greenhouse gas emissions and global climate warming. Therefore, how to save energy and protect environment has become a worldwide problem. This paper establishes an econometric model including labor, fixed capital stock, energy inputs and other explanatory variables based on the Cobb-Douglas production function to empirically analyze the relation between China s economic growth and energy consumption. Meanwhile, this paper illustrates the relation of China s carbon dioxide emissions to export trade, too. The study results show that China still promotes economic growth at the costs of high energy consumption and heavily environment pollution. Therefore, how to achieve the transition of a high carbon economy to a low carbon economy will be a fundamental problem that has to solve in China s future development. To this end, China should participate in international environmental cooperation, promote energy saving and environment conservation

Keywords: Economic Growth; Energy Consumption; The Cobb-Douglas Production Function (search for similar items in EconPapers)
JEL-codes: C32 O13 O24 (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.econjournals.com/index.php/ijeep/article/download/1637/1440 (application/pdf)
http://www.econjournals.com/index.php/ijeep/article/view/1637/1440 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2016-02-22

Access Statistics for this article

International Journal of Energy Economics and Policy is currently edited by Ilhan Ozturk

More articles in International Journal of Energy Economics and Policy from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().