The Shock Effect of Chinas Economic Growth on Main Energys Carbon Dioxide Emissions
In order to examine the shock effect of Chinas economic growth on main energys (consist of raw coal and crude oil in this paper) carbon dioxide emissions. The impulse response functions (IRF) derived from a factor-augmented vector autoregression (FAVAR) model are used in this paper. By intmducing models operation steps and conducting 153 macroeconomic time series in quarterly frequency over the period 2000:1 to 2009:3, The two-stage approach is put to use. Empirical results indicate that, in general, two kinds of energys carbon dioxide emissions respond positively to GDP, but with regards to the size and length of the impact, the responses are heterogeneous. Following the increase in GDP, the growth rate of CO2 emissions from raw coal is found to respond much more than the growth rate of CO2 emissions from crude oil. Energy conservation and emission reduction as to raw coal should be given first priority to other energy resource in China.
Shock effect Chinas economic growth Energys CO2 emissions FAVAR
Shanshen Li Yu Yao Kuisheng Zhou
School of Economics and Finance, Xian Jiaotong University,Xian 710061,China International Business School, Shaanxi Normal University,Xian 710062,China
国际会议
昆明、丽江
英文
1140-1144
2011-04-15（万方平台首次上网日期，不代表论文的发表时间）