Renewed evidence of environmental sustainability from globalization and energy consumption over economic growth in China


Bekun F. V., Yalçiner K., Etokakpan M. U., Alola A. A.

Environmental Science and Pollution Research, vol.27, no.23, pp.29644-29658, 2020 (SCI-Expanded) identifier identifier

  • Publication Type: Article / Article
  • Volume: 27 Issue: 23
  • Publication Date: 2020
  • Doi Number: 10.1007/s11356-020-08866-2
  • Journal Name: Environmental Science and Pollution Research
  • Journal Indexes: Science Citation Index Expanded (SCI-EXPANDED), Scopus, IBZ Online, ABI/INFORM, Aerospace Database, Agricultural & Environmental Science Database, Aqualine, Aquatic Science & Fisheries Abstracts (ASFA), BIOSIS, CAB Abstracts, EMBASE, Environment Index, Geobase, MEDLINE, Pollution Abstracts, Veterinary Science Database, Civil Engineering Abstracts
  • Page Numbers: pp.29644-29658
  • Keywords: China, Energy conservation, Energy intensity, Globalization, Pollutant emission
  • Istanbul Gelisim University Affiliated: Yes

Abstract

© 2020, Springer-Verlag GmbH Germany, part of Springer Nature.This study is primarily motivated by exploring the role of globalization, energy intensity over economic expansion, and its impact on environmental sustainability in China. To this end, a sequence of econometrics tests were conducted to address this hypothesized relationship. The choice of China is informed by intense industrial activities and being one of the leading world economies. Annual frequency data from 1971 to 2015 is utilized for the current study. Empirical finding from novel and robust Bayer and Hanck combined cointegration test supports cointegration equilibrium relationship among the variables under review. This indicates a convergence between the explanatory variable and the explained variable in the fitted model. Further empirical evidence shows a positive statistically significant relationship between real income, ecological footprint, and globalization index. This outcome is insightful for environmental economists and policymakers. The causality analysis supports the growth-induced energy consumption hypothesis. Based on these revelations, policy direction for the energy sector in China in the face of global interconnectedness is offered in the concluding remark of this study.