Despite the fact that China’s economy has grown swiftly since the reform and opening up, the problem of environmental degradation in China has become increasingly significant. Therefore, this paper uses China as an example to examine the dynamic relationship between the highlighted variables (renewable energy consumption, economic growth, oil rent, and natural resources) and greenhouse gas emissions (a proxy for environmental sustainability). Using annual data over the period 1971–2018 and employing the auto-regressive distributed lag bounds approach to perform an empirical analysis, the results suggest that there is a long-run equilibrium relationship between the highlighted variables and greenhouse gas emissions. Specifically, renewable energy consumption and oil rent contribute to environmental sustainability because of their negative effects on greenhouse gas emissions. On the contrary, economic growth and natural resources hinder environmental sustainability due to their positive effects on greenhouse gas emissions. In addition, using the fully modified ordinary least squares approach and dynamic ordinary least squares approach to conduct a robustness test, the results also support the previous findings. To conclude, the findings of this paper may provide some solutions for China’s environmental sustainability.
With the continuous promotion of China’s new rural construction, rural tourism is considered to be an important driving force to promote the sustainable development of rural economy. Sustainable farmers’ income is a major part of the sustainable development of rural economy. Therefore, this paper attempts to explore the effect of rural tourism on sustainable farmers’ income. Using China’s provincial panel data over the period of 2003 to 2020 and employing the mediation effect model to perform empirical analysis, four results are obtained: (1) rural tourism positively and significantly affects sustainable farmers’ income. However, among five kinds of farmers’ income, the coefficients in magnitude are different. (2) A mediation effect of rural ecological environment on the relationship between rural tourism and sustainable farmers’ income exists. (3) A mediation effect of urbanization on the relationship between rural tourism and sustainable farmers’ income also exists. (4) On the whole, the mediation effect of rural ecological environment on the relationship between rural tourism and sustainable farmers’ income is less than that of the mediation effect of urbanization. Based on the evidence this paper provides, corresponding suggestions are raised to promote sustainable farmers’ income.
30 April 2019 in The Journal of Asian Finance, Economics and Business
Previous research has studied the correlations between income, education, and sustainable culture and entertainment consumption. The correlation between religion as an informal institution and culture and entertainment consumption is often neglected. Based on this background, this paper attempts to explore the correlation between religious participation (as a proxy for religion) and three kinds of sustainable culture and entertainment consumption. Using the data from the Chinese General Social Survey in 2017 to perform empirical analysis, it is found that religious participation is negatively correlated with the sustainable culture and entertainment consumption. Two-stage least squares and propensity score matching method were employed, verifying the robustness of this result. Additionally, the full sample was divided into sub-samples to discuss the heterogeneous correlation between religious participation and sustainable culture and entertainment consumption. The results suggest that in the low income group and the low marketization degree group, religious participation is most relevant to the sustainable culture and entertainment consumption. This paper contributes to enriching current research.