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This paper aims to identify the relationship among energy consumption, FDI, and economic development in China from 1993 to 2017, taking Zhejiang as an example. FDI is the main factor of the rapid development of Zhejiang’s open economy, which promotes the development of the economy, but also leads to the growth in energy consumption. Based on the time series data of energy consumption, FDI inflow, and GDP in Zhejiang from 1993 to 2017, we choose the vector auto-regression (VAR) model and try to identify the relationship among energy consumption, FDI, and economic development. The results indicate that there is a long-run equilibrium relationship among them. The FDI inflow promotes energy consumption, and the energy consumption promotes FDI inflow in turn. FDI promotes economic growth indirectly through energy consumption. Therefore, improving the quality of FDI and energy efficiency has become an inevitable choice to achieve the transition of Zhejiang’s economy from high speed growth to high quality growth.
Shaolong Zeng; Yiqun Liu; Junjie Ding; Danlu Xu. An Empirical Analysis of Energy Consumption, FDI and High Quality Development Based on Time Series Data of Zhejiang Province. International Journal of Environmental Research and Public Health 2020, 17, 3321 .
AMA StyleShaolong Zeng, Yiqun Liu, Junjie Ding, Danlu Xu. An Empirical Analysis of Energy Consumption, FDI and High Quality Development Based on Time Series Data of Zhejiang Province. International Journal of Environmental Research and Public Health. 2020; 17 (9):3321.
Chicago/Turabian StyleShaolong Zeng; Yiqun Liu; Junjie Ding; Danlu Xu. 2020. "An Empirical Analysis of Energy Consumption, FDI and High Quality Development Based on Time Series Data of Zhejiang Province." International Journal of Environmental Research and Public Health 17, no. 9: 3321.
This paper focuses on the role of local governments in the development of tourism in China by examining 30 Chinese provinces from 2000 to 2018. The results of empirical research show that fiscal decentralization in China provides local governments with incentives for the development of high pollution industries and of large state-owned enterprises, which do not help the sustainable development of tourism. In addition, there is an “inverted U-shaped” relationship between pollution level and tourism development. Although the growth of China’s tourism industry is pollution-based currently, tourism revenue is considered to decline once a threshold is reached. The competition from local governments for foreign investment is conducive to the improvement of environmental quality and increase in tourism revenue. Based on this, we have proposed a series of sustainable tourism development measures.
Shaolong Zeng; Lingyun Gao; Rui Shen; Yingying Ma; Haiping Li. Fiscal Decentralization, Pollution and China’s Tourism Revenue. Sustainability 2020, 12, 1925 .
AMA StyleShaolong Zeng, Lingyun Gao, Rui Shen, Yingying Ma, Haiping Li. Fiscal Decentralization, Pollution and China’s Tourism Revenue. Sustainability. 2020; 12 (5):1925.
Chicago/Turabian StyleShaolong Zeng; Lingyun Gao; Rui Shen; Yingying Ma; Haiping Li. 2020. "Fiscal Decentralization, Pollution and China’s Tourism Revenue." Sustainability 12, no. 5: 1925.