Industrial sustainable development level in China and its influencing factors

This research aims to set up a comprehensive index system to evaluate the sustainable development level of the industrial sector in China and to determine the key influencing factors that hinder the sector’s sustainable development. To achieve these research goals, we build a theoretical model wi...

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Main Authors: Hongjian Cao, Jianying Zhang, Nengsheng Luo, Zheng Zhang
Format: Article
Language:deu
Published: Faculty of Economics University of Rijeka 2015-12-01
Series:Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu
Subjects:
Online Access:http://www.efri.uniri.hr/sites/efri.uniri.hr/files/cr-collections/2/02-cao-zhang-luo-zhang-2015-2.pdf
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author Hongjian Cao
Jianying Zhang
Nengsheng Luo
Zheng Zhang
author_facet Hongjian Cao
Jianying Zhang
Nengsheng Luo
Zheng Zhang
author_sort Hongjian Cao
collection DOAJ
description This research aims to set up a comprehensive index system to evaluate the sustainable development level of the industrial sector in China and to determine the key influencing factors that hinder the sector’s sustainable development. To achieve these research goals, we build a theoretical model with 26 indexes selected from resource, environment, economy, and society subsystems. An empirical analysis is conducted through Principal Component Analysis and Structural Equation Modeling. Results indicate that the sustainable development level of China’s industrial sector became positive in 2007 and peaked in 2012. The environment subsystem has the largest effect on the sustainable development level. The sustainable development level is also greatly influenced by solid wastes, production of non-renewable resources, energy consumption per unit of gross domestic product (GDP), and industrial research and development (R&D) expenditure. The basic conclusion is that the sustainable development level of the industrial sector in China can be enhanced through improving the utilization efficiency of resources, increasing the contribution of technology progress to GDP, and developing renewable resources.
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spelling doaj.art-b1e65a5aab834650b05591939ce27bc02022-12-21T20:55:41ZdeuFaculty of Economics University of RijekaZbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu1331-80042015-12-0133218120510.18045/zbefri.2015.2.181Industrial sustainable development level in China and its influencing factorsHongjian Cao0Jianying Zhang1Nengsheng Luo2Zheng Zhang3Associate Professor, Center of Large Country Economy Research, Business School, HunanPhD Candidate, Business School, Hunan Normal University, Changsha 410081, ChinaFull Professor, School of Economy and Trade, Hunan University, Changsha 410006, ChinaPhD, Assistant Researcher, Academic Affairs Office, South China University of Technology,This research aims to set up a comprehensive index system to evaluate the sustainable development level of the industrial sector in China and to determine the key influencing factors that hinder the sector’s sustainable development. To achieve these research goals, we build a theoretical model with 26 indexes selected from resource, environment, economy, and society subsystems. An empirical analysis is conducted through Principal Component Analysis and Structural Equation Modeling. Results indicate that the sustainable development level of China’s industrial sector became positive in 2007 and peaked in 2012. The environment subsystem has the largest effect on the sustainable development level. The sustainable development level is also greatly influenced by solid wastes, production of non-renewable resources, energy consumption per unit of gross domestic product (GDP), and industrial research and development (R&D) expenditure. The basic conclusion is that the sustainable development level of the industrial sector in China can be enhanced through improving the utilization efficiency of resources, increasing the contribution of technology progress to GDP, and developing renewable resources.http://www.efri.uniri.hr/sites/efri.uniri.hr/files/cr-collections/2/02-cao-zhang-luo-zhang-2015-2.pdfsustainable development levelindustryenvironmentresourcesinfluencinginfluencing factor
spellingShingle Hongjian Cao
Jianying Zhang
Nengsheng Luo
Zheng Zhang
Industrial sustainable development level in China and its influencing factors
Zbornik radova Ekonomskog fakulteta u Rijeci : časopis za ekonomsku teoriju i praksu
sustainable development level
industry
environment
resources
influencing
influencing factor
title Industrial sustainable development level in China and its influencing factors
title_full Industrial sustainable development level in China and its influencing factors
title_fullStr Industrial sustainable development level in China and its influencing factors
title_full_unstemmed Industrial sustainable development level in China and its influencing factors
title_short Industrial sustainable development level in China and its influencing factors
title_sort industrial sustainable development level in china and its influencing factors
topic sustainable development level
industry
environment
resources
influencing
influencing factor
url http://www.efri.uniri.hr/sites/efri.uniri.hr/files/cr-collections/2/02-cao-zhang-luo-zhang-2015-2.pdf
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AT jianyingzhang industrialsustainabledevelopmentlevelinchinaanditsinfluencingfactors
AT nengshengluo industrialsustainabledevelopmentlevelinchinaanditsinfluencingfactors
AT zhengzhang industrialsustainabledevelopmentlevelinchinaanditsinfluencingfactors