人力资本
经济
协整
能源消耗
消费(社会学)
能量(信号处理)
相互依存
中国
计量经济学
宏观经济学
货币经济学
经济增长
社会科学
生物
统计
社会学
数学
法学
生态学
政治学
作者
Muhammad Shahbaz,Malin Song,Shabbir Ahmad,Xuan Vinh Vo
标识
DOI:10.1016/j.eneco.2021.105662
摘要
This study evaluates the link between human capital, energy consumption, and economic growth using data for the Chinese economy from 1971 to 2018. To test the cointegration relationship between disaggregated energy, human capital, and economic growth, a bounds testing approach is applied by taking the structural breaks into consideration. The estimated results confirm that these variables are integrated. Further, human capital accumulation has a statistically significant negative effect on all types of energy consumption. We note a positive link between energy usage and economic growth. However, a significant negative relationship is found between R&D expenditures, and energy consumption. The results also show a one-way causal effect of human capital on all forms of energy consumption. However, the association between economic growth, dirty energy usage, and clean energy usage remains interdependent, indicating a feedback effect. Further, energy consumption and R&D exhibit bidirectional causal relationship.
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