Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2019.03.029 |
How does financial development affect energy consumption? Evidence from 21 transitional countries | |
Yue, Shujing1,2; Lu, Rou1; Shen, Yongchang1; Chen, Hongtao1 | |
2019-07-01 | |
发表期刊 | ENERGY POLICY |
ISSN | 0301-4215 |
EISSN | 1873-6777 |
出版年 | 2019 |
卷号 | 130页码:253-262 |
文章类型 | Article |
语种 | 英语 |
国家 | Peoples R China |
英文摘要 | Financial development significantly impacts energy consumption. This paper uses cross-country panel data from 21 transitional countries for the period 2006-2015 while considering different financial development indicators and nonlinear relationships between financial development and energy consumption. This is done by selecting five financial development indicators to measure financial development and testing linear and nonlinear relationships between financial development and energy consumption. It found the following: First, there are no significant linear relationships between financial development and energy consumption. Financial development does have significant nonlinear impacts on energy consumption in transitional countries with estimated nonlinear parameters that are significant. Second, financial development affects energy consumption in transitional countries in differing ways. Financial intermediation development positively affected energy consumption in all the countries studied. Stock markets development led decreased energy consumption in China and Poland. Financial openness development reduced energy use except in Georgia and the Kygyz Republic. |
英文关键词 | Financial development Energy consumption Transitional countries Panel smooth transition regression |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000471083700021 |
WOS关键词 | FOREIGN DIRECT-INVESTMENT ; ENVIRONMENTAL KUZNETS CURVE ; CARBON-DIOXIDE EMISSIONS ; ECONOMIC-GROWTH EVIDENCE ; STOCK MARKETS ; CO2 EMISSIONS ; TRADE OPENNESS ; IMPACT ; PANEL ; URBANIZATION |
WOS类目 | Economics ; Energy & Fuels ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Business & Economics ; Energy & Fuels ; Environmental Sciences & Ecology |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/184494 |
专题 | 气候变化 |
作者单位 | 1.Southeast Univ, Sch Econ & Management, Nanjing 211189, Jiangsu, Peoples R China; 2.Southeast Univ, Inst Socialist Dev Chinese Characterist, Nanjing 211189, Jiangsu, Peoples R China |
推荐引用方式 GB/T 7714 | Yue, Shujing,Lu, Rou,Shen, Yongchang,et al. How does financial development affect energy consumption? Evidence from 21 transitional countries[J]. ENERGY POLICY,2019,130:253-262. |
APA | Yue, Shujing,Lu, Rou,Shen, Yongchang,&Chen, Hongtao.(2019).How does financial development affect energy consumption? Evidence from 21 transitional countries.ENERGY POLICY,130,253-262. |
MLA | Yue, Shujing,et al."How does financial development affect energy consumption? Evidence from 21 transitional countries".ENERGY POLICY 130(2019):253-262. |
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