Abstract:
Based on the measurement of Chinese CO2 emissions in 1953-2007, theauthors construct simultaneous equations model through the econometric tests of the data, and study the two-way causality between CO2 emissions and GDP per capita, and the authors analyze the factors that influence CO2emissions. The empirical results show that Chinese CO2 emissions and per capita GDP is a complex interaction instead of a reversed U in the simple EKC model. Increasing per capita GDP can lead to more CO2emissions, but at the same time, improving energy utilization efficiency, optimizing energy consumption structure, and speeding up the capital equipment renewal will reduce CO2 emissions
LONG Zhi-he, CHEN Qing-qing.An Empirical Analysis of the Correlation between Carbon Dioxide Emission and Economic Growth in China[J] Economic Survey, 2011,V28(4): 9-13