Which Factors Determine CO<sub>2</sub> Emissions in China? Trade Openness, Financial Development, Coal Consumption, Economic Growth or Urbanization: Quantile Granger Causality Test

The current study employs a Granger causality test within a Quantile approach investigating CO<sub>2</sub> emission determinants in China. Results show urbanization, financial development and openness to trade are leading determinants of CO<sub>2</sub> emissions in China. The...

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Main Authors: Zhenkai Yang, Mei-Chih Wang, Tsangyao Chang, Wing-Keung Wong, Fangjhy Li
Format: Article
Language:English
Published: MDPI AG 2022-03-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/15/7/2450
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author Zhenkai Yang
Mei-Chih Wang
Tsangyao Chang
Wing-Keung Wong
Fangjhy Li
author_facet Zhenkai Yang
Mei-Chih Wang
Tsangyao Chang
Wing-Keung Wong
Fangjhy Li
author_sort Zhenkai Yang
collection DOAJ
description The current study employs a Granger causality test within a Quantile approach investigating CO<sub>2</sub> emission determinants in China. Results show urbanization, financial development and openness to trade are leading determinants of CO<sub>2</sub> 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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spelling doaj.art-762728bea0404f7abf014f0d3306ef1c2023-11-30T23:10:21ZengMDPI AGEnergies1996-10732022-03-01157245010.3390/en15072450Which Factors Determine CO<sub>2</sub> Emissions in China? Trade Openness, Financial Development, Coal Consumption, Economic Growth or Urbanization: Quantile Granger Causality TestZhenkai Yang0Mei-Chih Wang1Tsangyao Chang2Wing-Keung Wong3Fangjhy Li4Department of Finance, School of Economics and Management, Wuhan University, No. 299 Bayi Road, Wuchang District, Wuhan 430072, ChinaDepartment of Insurance and Finance, National Taichung University of Science and Technology, 129 Sec. 3, Sanmin Rd., Taichung 404336, TaiwanDepartment of Finance, College of Finance, Feng Chia University, No. 100 Wenhwa Rd., Xitun District, Taichung 40724, TaiwanDepartment of Finance, Fintech & Blockchain Research Center, and Big Data Research Center, Asia University, 500 Lioufeng Rd., Wufeng, Taichung 41354, TaiwanDepartment of Finance, School of Finance, Hubei University of Economics, No. 8 Yangqiaohu Road, Jiangxia District, Wuhan 430205, ChinaThe current study employs a Granger causality test within a Quantile approach investigating CO<sub>2</sub> emission determinants in China. Results show urbanization, financial development and openness to trade are leading determinants of CO<sub>2</sub> 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.https://www.mdpi.com/1996-1073/15/7/2450financial developmentCO<sub>2</sub> emissionseconomic growthtrade opennessquantile Granger causality test
spellingShingle Zhenkai Yang
Mei-Chih Wang
Tsangyao Chang
Wing-Keung Wong
Fangjhy Li
Which Factors Determine CO<sub>2</sub> Emissions in China? Trade Openness, Financial Development, Coal Consumption, Economic Growth or Urbanization: Quantile Granger Causality Test
Energies
financial development
CO<sub>2</sub> emissions
economic growth
trade openness
quantile Granger causality test
title Which Factors Determine CO<sub>2</sub> Emissions in China? Trade Openness, Financial Development, Coal Consumption, Economic Growth or Urbanization: Quantile Granger Causality Test
title_full Which Factors Determine CO<sub>2</sub> Emissions in China? Trade Openness, Financial Development, Coal Consumption, Economic Growth or Urbanization: Quantile Granger Causality Test
title_fullStr Which Factors Determine CO<sub>2</sub> Emissions in China? Trade Openness, Financial Development, Coal Consumption, Economic Growth or Urbanization: Quantile Granger Causality Test
title_full_unstemmed Which Factors Determine CO<sub>2</sub> Emissions in China? Trade Openness, Financial Development, Coal Consumption, Economic Growth or Urbanization: Quantile Granger Causality Test
title_short Which Factors Determine CO<sub>2</sub> Emissions in China? Trade Openness, Financial Development, Coal Consumption, Economic Growth or Urbanization: Quantile Granger Causality Test
title_sort which factors determine co sub 2 sub emissions in china trade openness financial development coal consumption economic growth or urbanization quantile granger causality test
topic financial development
CO<sub>2</sub> emissions
economic growth
trade openness
quantile Granger causality test
url https://www.mdpi.com/1996-1073/15/7/2450
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