Abstract
This study empirically examines the effect of economic development on carbon emissions and revisits the environmental Kuznets curve in Suzhou, China. The study made use of the Gross Domestic Product Per Capita (GDPPC) of Suzhou, China as an indicator of economic development as it depicts the entire developmental ecosystem that indicates the level of production activities and total energy consumption. Bearing this in mind, the authors postulate that economic development directly increases carbon emissions through industrial and domestic consumptions. For this purpose, linear and non-linear approaches to cointegration are applied. The study finds the existence of an inverted U-shape relationship between economic development and carbon emission in the long run. Trade openness and industrial share are positively contributing to increasing carbon emissions. Energy use shows a positive sign but an insignificant association with carbon emissions. The study concludes that carbon emissions in Suzhou should be further decreased followed by policy recommendations.
Highlights
Issues related to climate change have attracted much attention worldwide and have become an increasingly pressing problem facing society [1,2]
An increase in GDP per capita indicates the level of economic development and by increasing the level of economic development, there can be seen an increase in carbon emissions
Our results indicate that GDP per capita (GDPPC) has a positive and significant impact on carbon emissions both in the short and long run under linear and non-linear
Summary
Issues related to climate change have attracted much attention worldwide and have become an increasingly pressing problem facing society [1,2]. Global warming is one of the most serious current events, which has affected human beings socially, politically, and economically in recent decades [3,4]. Change (IPCC) and other studies show that carbon dioxide (CO2 ) emissions are the most important contributor [5,6] to global warming. Human activities have greatly exacerbated the process of climate warming and caused many adverse effects on the natural ecological environment on the earth’s surface. Numerous empirical studies have been conducted to measure the environmental impacts of energy-led economic activities, whose findings remain disputed. It later becomes conducive to the quality of the environment when growth surpasses a certain point, known as the Environmental Kuznets Curve (EKC) hypothesis
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