Since 2014
The relationship of energy consumption, economic growth and foreign direct investment in Shanghai
Advances in Applied Economics and Finance
View Archive Info| Field | Value | |
| Title |
The relationship of energy consumption, economic growth and foreign direct investment in Shanghai
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| Creator |
He, Wenfei; Business School, University of Shanghai for Science and Technology
Gao, Guangkuo; Business School, University of Shanghai for Science and Technology Wang, Yongchong; Business School, University of Shanghai for Science and Technology |
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| Subject |
energy consumption; economic growth; foreign direct investment
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| Description |
This paper investigates the existence and direction of Granger causality between energy consumption， economic growth and foreign direct investment in China, applying a multivariate VAR model of energy use, economic growth, carbon emissions based on data for Shanghai over the period 1985–2010.The result suggests a unidirectional Granger causality running from GDP to energy use and foreign direct investment, and a unidirectional Granger causality running from energy consumption to FDI. Further analysis reveals that the increase in foreign direct investment has good energy saving effect. So, to achieve the sustainable development of the economy, Shanghai should develop effective policies of guiding the internal and external capital flows, technological innovation, industrial structure optimization to achieve energy saving and sustainable economic growth.
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| Publisher |
World Science Publisher
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| Contributor |
2010National Social Science Fund of China—Climate Change and the Adjustment of Industrial Structure (10BJY005)；China Scholarship Council in 2009 of sending access project- a low-carbon economic mechanism and policy research(2009831451) and the Key Subject
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| Date |
2012-10-30
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://worldsciencepublisher.org/journals/index.php/AAEF/article/view/927
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| Source |
Advances in Applied Economics and Finance; Vol 3, No 1 (2012); 507-512
2167-6348 |
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| Language |
eng
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| Relation |
http://worldsciencepublisher.org/journals/index.php/AAEF/article/view/927/740
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| Rights |
Copyright NoticeProposed Creative Commons Copyright Notices1. Proposed Policy for Journals That Offer Open AccessAuthors who publish with this journal agree to the following terms:Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).Proposed Policy for Journals That Offer Delayed Open AccessAuthors who publish with this journal agree to the following terms:Authors retain copyright and grant the journal right of first publication, with the work [SPECIFY PERIOD OF TIME] after publication simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
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