Academic Journal of Environment & Earth Science, 2024, 6(6); doi: 10.25236/AJEE.2024.060601.
Deqiang Li, Ke Zhang
School of Economics and Management, Shaanxi University of Science and Technology, Xi’an, 710021, China
With the continuous growth of China's economy, issues such as energy consumption and carbon emissions have continuously become hotspots of concern. Based on energy consumption, energy structure, economic growth and carbon emission data from 1980 to 2023, this paper establishes a VAR model, uses Granger causality test to examine the causal relationship between these elements, and at the same time uses impulse response function to analyze the long-term dynamic relationship between variables. The research results show that there is a two-way causal relationship between energy consumption and energy structure, and a two-way causal relationship between carbon emissions and energy structure. At the same time, the impulse response function is used to verify the dynamic change relationship between them. The research results reveal that China's economic development at this stage is highly dependent on traditional energy sources. While pursuing economic development, it is necessary to take into account the efficiency of traditional energy consumption, adjust the energy structure, vigorously develop new energy sources, and promote China's economy to embark on a green and low-carbon sustainable development path.
Energy consumption; energy structure; carbon emissions; economic growth; VAR model
Deqiang Li, Ke Zhang. Research on the Dynamic Relationship between China's Energy Consumption, Energy Structure, Carbon Emissions and Economic Growth—An Empirical Analysis Based on VAR Model. Academic Journal of Environment & Earth Science (2024), Vol. 6, Issue 6: 1-12. https://doi.org/10.25236/AJEE.2024.060601.
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