The impact of urbanization and financial development on electricity intensity in China: Evidence from panel VAR approach

This paper aims at exploring the impact of urbanization and financial development on electricity intensity in China during the period 2004-2018. By employing a panel vector autoregressive (VAR) approach, the study finds that the electricity intensity response to one standard deviation shock on urban...

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Main Author: Duan Ruijun
Format: Article
Language:English
Published: EDP Sciences 2020-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2020/54/e3sconf_icaeer2020_03010.pdf
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spelling doaj-f8a1289eba70463daaa11194ef1c78df2021-04-02T13:11:43ZengEDP SciencesE3S Web of Conferences2267-12422020-01-011940301010.1051/e3sconf/202019403010e3sconf_icaeer2020_03010The impact of urbanization and financial development on electricity intensity in China: Evidence from panel VAR approachDuan RuijunThis paper aims at exploring the impact of urbanization and financial development on electricity intensity in China during the period 2004-2018. By employing a panel vector autoregressive (VAR) approach, the study finds that the electricity intensity response to one standard deviation shock on urbanization shows a negative impact, and a positive shock to financial development initially increases electricity intensity and eventually decreases electricity intensity. Our analysis is important for policy makers for improving electricity efficiency planning and sustainable economic development policies.https://www.e3s-conferences.org/articles/e3sconf/pdf/2020/54/e3sconf_icaeer2020_03010.pdf
collection DOAJ
language English
format Article
sources DOAJ
author Duan Ruijun
spellingShingle Duan Ruijun
The impact of urbanization and financial development on electricity intensity in China: Evidence from panel VAR approach
E3S Web of Conferences
author_facet Duan Ruijun
author_sort Duan Ruijun
title The impact of urbanization and financial development on electricity intensity in China: Evidence from panel VAR approach
title_short The impact of urbanization and financial development on electricity intensity in China: Evidence from panel VAR approach
title_full The impact of urbanization and financial development on electricity intensity in China: Evidence from panel VAR approach
title_fullStr The impact of urbanization and financial development on electricity intensity in China: Evidence from panel VAR approach
title_full_unstemmed The impact of urbanization and financial development on electricity intensity in China: Evidence from panel VAR approach
title_sort impact of urbanization and financial development on electricity intensity in china: evidence from panel var approach
publisher EDP Sciences
series E3S Web of Conferences
issn 2267-1242
publishDate 2020-01-01
description This paper aims at exploring the impact of urbanization and financial development on electricity intensity in China during the period 2004-2018. By employing a panel vector autoregressive (VAR) approach, the study finds that the electricity intensity response to one standard deviation shock on urbanization shows a negative impact, and a positive shock to financial development initially increases electricity intensity and eventually decreases electricity intensity. Our analysis is important for policy makers for improving electricity efficiency planning and sustainable economic development policies.
url https://www.e3s-conferences.org/articles/e3sconf/pdf/2020/54/e3sconf_icaeer2020_03010.pdf
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