Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2022.2114922
Revisiting economic growth and environment: evaluating the role of research and development for China
Gengcan Zhu
Jiangquan Wang
Yuping Shang
Sažetak
One of the most alarming issues of the current times is the
increasing level of carbon emissions and the depletion of Ozone
layer, which is due to the increased fossil fuel usage. Scholars and
governors are paying more attention towards identifying the factors
and remedial measures of environmental degradation. The
current study aims to analyse the influence of economic growth,
research and development (R.D.D.), renewable electricity output
(R.E.O.), and technological innovation (T.I.) on the carbon emissions
in China throughout 1988–2021. This study uses the time
series approach, that unveils the stationarity of variables, and the
existence of cointegration between the variables. Due to the issue
of data non-normality, this study uses the novel method of
moment quantile regression (M.M.Q.R.). The estimated results
asserted that economic growth and R.D.D. are the significant factors
of increased carbon emission level in the country. On the
other hand, renewable electricity is found adversely affecting the
carbon emissions level. Also, the T.I. is found negative, but insignificantly
affecting the carbon emission level of the country.
These results are found robust by using the novel Bootstrap
quantile regression (B.S.Q.R.). The empirical results suggest the
constriction policies that could consider the increased investment
in environmental-related R.D.D, T.I., and renewable energy sector
to attain sustainable development.
Ključne riječi
environmental quality; economic growth; carbon emission; renewable electricity output (R.E.O.); research and development (R.D.D.); method of moment quantile regression (M.M.Q.R.)
Hrčak ID:
306453
URI
Datum izdavanja:
31.3.2023.
Posjeta: 114 *