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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EDP Sciences
2020-01-01
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Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2020/54/e3sconf_icaeer2020_03010.pdf |
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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 |
work_keys_str_mv |
AT duanruijun theimpactofurbanizationandfinancialdevelopmentonelectricityintensityinchinaevidencefrompanelvarapproach AT duanruijun impactofurbanizationandfinancialdevelopmentonelectricityintensityinchinaevidencefrompanelvarapproach |
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