Original scientific paper
https://doi.org/10.1080/1331677X.2022.2081236
Is China’s financing for climate change prevention ensure green environment? Evaluating the role of higher education
Gang Ji
Abstract
Over the last few years, China has maintained rapid economic
growth globally. China has initiated various investments and
improved higher education to tackle climate change issues and
ensure a green environment. This study examines the influence of
economic growth, higher education graduates, household consumption
expenditures, industrial pollution prevention investment,
and energy industry investment. Covering the period from
2000 to 2017, this study investigated a panel of 30 Chinese provinces.
The data under study follows an irregular pattern, and all
the variables are cointegrated; therefore, this study employed the
novel method of moment quantile regression. Empirical findings
suggest that economic growth and investment in the energy
industry are the significant contributors to carbon emission in all
the quantiles Q0.25, Q0.50, and Q0.75. However, higher education
graduates, household consumption expenditures, and investment
in industrial pollution prevention negatively and significantly
affect carbon emissions and promote environmental sustainability.
The Granger causality test reveals a bidirectional causal association
between carbon emissions and the explanatory variables.
Based on the empirical findings, this study suggests investment in
environmental recovery plans, adopting renewable energy sources,
improving the level of higher education by more investments
for higher education graduates, environmental education, and
increased investment in pollution prevention industries.
Keywords
Carbon Emissions; higher education graduates; Investment in Education; Energy Investment; Consumption Expenditure
Hrčak ID:
303776
URI
Publication date:
31.3.2023.
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