Which Factors Determine CO2 Emissions in China? Trade Openness, Financial Development, Coal Consumption, Economic Growth or Urbanization: Quantile Granger Causality Test
Zhenkai YangDepartment of Finance, School of Economics and Management, Wuhan University, No. 299 Bayi Road, Wuchang District, Wuhan 430072, ChinaMei-Chih WangDepartment of Insurance and Finance, National Taichung University of Science and Technology, 129 Sec. 3, Sanmin Rd., Taichung 404336, TaiwanTsangyao ChangDepartment of Finance, College of Finance, Feng Chia University, No. 100 Wenhwa Rd., Xitun District, Taichung 40724, TaiwanWing‐Keung WongDepartment of Economics and Finance, Hang Seng University of Hong Kong, Hong Kong 999077, ChinaFangjhy Li
2022en
ABI
Аннотация
The current study employs a Granger causality test within a Quantile approach investigating CO2 emission determinants in China. Results show urbanization, financial development and openness to trade are leading determinants of CO2 emissions in China. These results highlight climate change issues while taking advantage of a new methodology to fill a gap in the current literature. Our findings show key implications for PRC government policy related to pollutant reduction policy.
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