Back to Search
Start Over
Pollution caused by finance and the relative policy analysis in China
- Source :
- Energy & Environment. 28:808-823
- Publication Year :
- 2017
- Publisher :
- SAGE Publications, 2017.
-
Abstract
- In China, where environmental regulations are less strict, finance would cause pollution to rise by promoting the growth of polluting industries. Exploiting a Chinese dataset over the period 2004–2014, 1% increase in the finance measured by credits to GDP, would cause pollution to rise by 4.29%, which is fairly large and cannot be ignored, and the results is robust when finance is measured by deposits to GDP. Thus, it is concluded that policies focused on pollution reduction would be ineffective and that policies on promoting finance would fall short of their intention to stimulate economic growth.
- Subjects :
- Finance
Pollution
Environmental Engineering
Renewable Energy, Sustainability and the Environment
business.industry
Economic policy
020209 energy
media_common.quotation_subject
Energy Engineering and Power Technology
02 engineering and technology
Policy analysis
0202 electrical engineering, electronic engineering, information engineering
Economics
China
business
Energy (miscellaneous)
media_common
Subjects
Details
- ISSN :
- 20484070 and 0958305X
- Volume :
- 28
- Database :
- OpenAIRE
- Journal :
- Energy & Environment
- Accession number :
- edsair.doi...........de318237ca4957f63e954b8f59bd0299