RE-REVALUATING THE IMPACT OF INDUSTRIALIZATION AND URBANIZATION ON CARBON DIOXIDE AND ENERGY CONSUMPTION OF CHINA

Emma Serwaa Obobisa, Chen Hai-bo, Stephany Abokzele Adongo

Abstract


This study examines the linkage between energy consumption, carbon dioxide emissions, economic growth, trade openness and urbanization for a panel of China over the period. A recent econometric techniques such as the Dynamic OLS and the bootstrapped Granger causality are used to examine this relationship. The main results provide evidence supporting the Environmental Kuznets Curve hypothesis. Hence, there is an inverted U-shaped relationship between environment and income for the sampled countries. Our study additionally revealed that rise in urban population to total pollution causes export to rise. Moreover, our study established the presence of a Bi-directional causality between carbon emission and economic growth (Y) in the shortrun


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