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Abstract:
China's natural resources are a major factor in its rapid financial development. In this race of development, the environment is compromised and China became the top polluted country in the world. A sustainable environment is required for sustainable development. Unlike others, we examine CO2 emissions and ecological footprint (EFP) to compare the role of natural resource rents (NRR), consumer prices (CP), financial development (FD), and population density (PD) in China. To empirically estimate the proposed linkages, the latest econometric techniques are used i. e, "Stationarity and co-integration tests with structural breaks and the autoregressive distributed lag models ". Findings report U-shaped Environmental Kuznets Curve (EKC) for CO2 emissions and EFP, which means GDP is helping to control CO2 emissions and EFP in China. However, natural resources, consumer prices, and population density are increasing environmental degradation. Moreover, financial development is helpful to decrease carbon emissions and ecological footprints. China needs to re-consider the policy regarding consumer prices, dense inhabitant population and use of natural resources.
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Reprint 's Address:
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Source :
RESOURCES POLICY
ISSN: 0301-4207
Year: 2022
Volume: 78
1 0 . 2
JCR@2022
0 . 0 0 0
JCR@2023
ESI Discipline: SOCIAL SCIENCES, GENERAL;
ESI HC Threshold:36
JCR Journal Grade:1
CAS Journal Grade:2
Cited Count:
WoS CC Cited Count: 56
SCOPUS Cited Count: 63
ESI Highly Cited Papers on the List: 9 Unfold All
WanFang Cited Count:
Chinese Cited Count:
30 Days PV: 2
Affiliated Colleges: