Measuring China's green economic recovery and energy environment sustainability: Econometric analysis of sustainable development goals

被引:120
|
作者
Bai, Xiao [1 ]
Wang, Kuan-Ting [2 ]
Tran, Trung Kien [3 ]
Sadiq, Muhammad [4 ,5 ]
Trung, Lam Minh [6 ]
Khudoykulov, Khurshid [7 ]
机构
[1] Zhejiang Univ Finance & Econ, Sch Finance, Hangzhou 310018, Zhejiang, Peoples R China
[2] Asia Univ, Dept Finance, 500 Lioufeng Rd,Wufeng, Taichung 41354, Taiwan
[3] Univ Econ Ho Chi Minh City, Ward Vo Thi Sau, Coll Econ, Sch Publ Finance, 59C Nguyen Dinh Chieu St,Dist 3, Ho Chi Minh City, Vietnam
[4] Taylors Univ, Fac Business & Law, Sch Accounting & Finance, Subang Jaya, Malaysia
[5] Fuzhou Univ Int Studies & Trade, Sch Finance & Accounting, Fuzhou, Fujian, Peoples R China
[6] Van Lang Univ, Fac Business Adm, 69-68 Dang Thuy Tram St,Ward 13, Ho Chi Minh City, Vietnam
[7] Tashkent State Univ Econ, Dept finance, Tashkent, Uzbekistan
关键词
Green finance; Sustainable economic recovery; Growth scenarios; COVID-19; China; CONSUMPTION; COUNTRIES; GROWTH; NEXUS;
D O I
10.1016/j.eap.2022.07.005
中图分类号
F [经济];
学科分类号
02 ;
摘要
The purpose of this research is to assess China's sustainable economic recovery and growth through a comparative analysis of China's global economy following Covid-19. We use the unit root test and generalized method of moments (GMM) to make inferences. The growth scenario is an important consequence of economic recovery, and the study concludes that increased energy use and rising energy costs need greater funding for the energy industry. Green energy financing is urgently required to offset rising production costs of gas and electricity. It is recommended that both Chinese and global financial institutions, banks and finance ministries, take a prominent role in addressing the crisis. This can be achieved by investing in renewable energy to improve sustainable economic recovery, reduce greenhouse gas (GHG) emissions and accelerate economic recovery. This must be carried out over a long period to achieve the intended results. Strategic development goals (SDGs), such as SDG 7 on clean and cheap energy, and SDG 13 on combating climate change, are urged on all nations in both areas. (C) 2022 Economic Society of Australia, Queensland. Published by Elsevier B.V. All rights reserved.
引用
收藏
页码:768 / 779
页数:12
相关论文
共 50 条
  • [1] Statistical and econometric analysis of the impact of China's energy, environment on the economic development
    Nan Yingzi
    Gao Yuying
    2010 INTERNATIONAL CONFERENCE ON ENERGY, ENVIRONMENT AND DEVELOPMENT (ICEED2010), 2011, 5 : 2358 - 2362
  • [2] The challenge of sustainability - Balancing China's energy, economic and environmental goals
    Byrne, J
    Shen, B
    Li, XG
    ENERGY POLICY, 1996, 24 (05) : 455 - 462
  • [3] Understanding the Water-Energy-Food Sustainability in China: A Perspective of Sustainable Development Goals
    Huang, Dechun
    Zhu, Liyu
    Zhu, Yun
    POLISH JOURNAL OF ENVIRONMENTAL STUDIES, 2024, 33 (03): : 2113 - 2128
  • [4] Economic development and natural amenity: An econometric analysis of urban green spaces in China
    Chen, Wendy Y.
    Wang, Danny T.
    URBAN FORESTRY & URBAN GREENING, 2013, 12 (04) : 435 - 442
  • [5] Measuring and Monitoring Provincial Sustainable Development Goals in China
    Wang, Hongshuai
    Yang, Yongheng
    SOCIAL INDICATORS RESEARCH, 2025, 176 (02) : 415 - 472
  • [6] Measuring the sustainable development goals: A poset analysis
    Hirai, Tadashi
    Comim, Flavio
    ECOLOGICAL INDICATORS, 2022, 145
  • [7] Modeling Green Energy Development Based on Sustainable Economic Growth in China
    Zhang, Zhijuan
    Lis, Marcin
    SUSTAINABILITY, 2020, 12 (04)
  • [8] Green Finance and Sustainable Development Goals: The Case of China
    Lee, Jung Wan
    JOURNAL OF ASIAN FINANCE ECONOMICS AND BUSINESS, 2020, 7 (07): : 577 - 586
  • [9] Measuring sustainability: Sustainable Development Goals and 2030 Agenda under review
    Muisioz, Jose
    Carreteras, 2021, 4 (232): : 59 - 60
  • [10] Impact of green energy production for sustainable economic growth and green economic recovery
    Zeng, Qiao
    Li, Caixia
    Magazzino, Cosimo
    HELIYON, 2024, 10 (17)