Energy security and CO2 emissions: New evidence from time-varying and quantile-varying aspects

Wang, Kai-Hua; Zhao, Yan-Xin; Su, Yun Hsuan; Lobonţ, Oana-Ramona

doi:10.1016/j.energy.2023.127164

Cited by 22 publications

(3 citation statements)

References 153 publications

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“…Also, with no oil price authority, China can passively suffer shifts in oil prices (Hu, Wang, Su, and Umar, 2022). Concerns regarding energy security have increased the public's understanding of energy security (Wang, Zhao, Su, and Lobonţ, 2023). Energy security understanding may influence how individuals live and use energy, decreasing carbon dioxide emissions (Li, Zhang, and Su, 2019).…”

Section: Introductionmentioning

confidence: 99%

Revisiting the environmental Kuznets curve hypothesis in the context of renewable and non-renewable energy in China

Zaland,

İmamoğlu

2024

bmij

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This research paper attempts to determine the effect of fossil fuel, renewable energy, and economic growth on carbon dioxide emissions and revisits China's Environmental Kuznets curve (EKC) hypothesis. The time series analysis will be performed for the years 1990 to 2020. To begin, Augmented Dickey-Fuller (ADF) and Phillips Perron (PP) tests will be performed to verify the series' stationarity. Second, the cointegration test will be utilized to determine the validity of a cointegration vector before performing the Fully Modified Least Square approach to conduct long- and short-term estimation. The empirical analysis illustrates that renewable energy negatively and significantly affects short- and long-run carbon dioxide emissions. However, fossil fuel consumption only positively and significantly affects carbon dioxide emissions in the short run. The empirical evidence supports the Environment Kuznets Curve's hypothesis in China. Fossil fuel consumption has a considerably higher effect on carbon dioxide emissions than renewable energy. To avoid ecological damage in China, authorities must pay more consideration to encouraging the use of energy from renewable sources. This demonstrates that China's overall environmental performance first deteriorates before gradually improving with economic growth.

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Section: Introductionmentioning

confidence: 99%

Revisiting the environmental Kuznets curve hypothesis in the context of renewable and non-renewable energy in China

Zaland,

İmamoğlu

2024

bmij

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“…After long‐term rapid growth since the reform and opening‐up, China's GDP has reached $17.7 trillion, ranking second in the world; it accounted for more than 18% of the world economy in 2021. However, the complex international situation and frequent domestic economic adjustments, such as the financial crisis, the Sino‐US trade war, and the outbreak of COVID‐19, have made China's EPU fluctuate violently and reach short‐term peaks (Gong et al 2022; Wang et al 2023d). Second, the regional multilateral cooperation network between China and the ASEAN has been deepened.…”

Section: Introductionmentioning

confidence: 99%

Economic policy uncertainty and geopolitical risk: evidence from China and Southeast Asia

Wang,

Liu

et al. 2023

Asian-Pac Economic Lit

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This paper investigates the connectedness between China's economic policy uncertainty (EPU) and the geopolitical risk (GPR) of the countries in the Association of Southeast Asian Nations (ASEAN) using quantile time‐varying parameter vector autoregression. The empirical results indicate that China's EPU becomes a net risk transmitter at the median quantile, demonstrating that ASEAN countries' GPR is vulnerable to China's economic shocks. Furthermore, extreme events such as COVID‐19 amplify the connection between EPU and GPR, leading to a higher total connectedness index value. Moreover, the pairwise spillover effect analysis reflects that the risk launcher effect of China's EPU is longer and more prominent for Thailand and the Philippines than for Malaysia and Indonesia, which enriches the hypothesis. The contributions are as follows. This paper selects emerging China as the research object and first discusses its economic influence on neighbouring countries. In addition, fully analysing the heterogeneous spillover effects of EPU on the GPR of different countries makes our suggestions diversified and practical. Therefore, improving recognisable ability and institutional quality will promote ASEAN countries to mitigate their vulnerability to China's EPU shocks. Meanwhile, China's government should quickly respond to external uncertainties, prudently adjust economic policies, and avoid large swings of EPU volatility.

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“…Scientists have developed a number of methods and scientific approaches to assess the level of electricity security. These approaches take into account country specifics in pricing, regulation, environmental, and political aspects [34]; address cyber security questions [35]; and take into account the relationships between economic, environmental, and social indicators [28], uncertainties in economic policy, and government environmental spending [36]. However, there is a gap in the literature regarding the lack of methodological rigor in terms of the level of electricity self-sufficiency, which creates a gap between the normative and empirical debate, and becomes a barrier to raising the level of electricity security [9].…”

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confidence: 99%

Methodology for Assessing the Level of Electricity Self-Sufficiency in European Union Countries

Sytnik,

Stopochkin

2023

Energies

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The modern global geopolitical transformations fueled by the armed conflict in Ukraine have greatly affected the countries of the European Union. Energy has become one of the biggest economic problems. The main objective of this study is to develop a methodology for assessing the level of electricity self-sufficiency in European Union member states. The author’s methodology is based on estimating the volume of exports and imports of electricity in relation to the amount of energy produced in individual EU countries. This approach makes it possible to determine the limits of effective electricity policy and distinguish the necessary changes and directions of action in the development of the energy sector at national and EU levels. The approval of the author’s methodology, carried out on the example of Croatia, made it possible to determine the current state of the country’s electricity system and the level of its security, and to distinguish the boundaries of the country’s effective electricity policy—the “triangle of effective policy”.

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Energy security and CO2 emissions: New evidence from time-varying and quantile-varying aspects

Cited by 22 publications

References 153 publications

Revisiting the environmental Kuznets curve hypothesis in the context of renewable and non-renewable energy in China

Revisiting the environmental Kuznets curve hypothesis in the context of renewable and non-renewable energy in China

Economic policy uncertainty and geopolitical risk: evidence from China and Southeast Asia

Methodology for Assessing the Level of Electricity Self-Sufficiency in European Union Countries

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