PDF(149 KB)
Study on the Impact of Economic Growth and Financial Development on the Environment in China
Jin YANG, Yu ZHANG, Yanmei MENG
系统科学与信息学报(英文) ›› 2015, Vol. 3 ›› Issue (4) : 334-347.
PDF(149 KB)
PDF(149 KB)
Study on the Impact of Economic Growth and Financial Development on the Environment in China
Study on the Impact of Economic Growth and Financial Development on the Environment in China
This paper makes a theoretical and empirical study on the impact of economic growth and financial development on the environment in China. Through the establishment of econometric models, some conclusions have been found as follows: Firstly, there's Environmental Kuznets Curve in China in the long and short term; Secondly, China's financial interrelations ratio and financial efficiency can alleviate environmental pollution, and in the long term financial interrelations ratio has a stronger effect, instead, in the short term financial efficiency has a stronger effect; Moreover, in the long term financial interrelations ratio and financial efficiency have a positive moderating effect that can weaken the impact of economic growth on the environment, whereas financial interrelations ratio's moderating effect is stronger; Finally, this article makes conclusion and inspiration for the improvement of China's environmental quality.
This paper makes a theoretical and empirical study on the impact of economic growth and financial development on the environment in China. Through the establishment of econometric models, some conclusions have been found as follows: Firstly, there's Environmental Kuznets Curve in China in the long and short term; Secondly, China's financial interrelations ratio and financial efficiency can alleviate environmental pollution, and in the long term financial interrelations ratio has a stronger effect, instead, in the short term financial efficiency has a stronger effect; Moreover, in the long term financial interrelations ratio and financial efficiency have a positive moderating effect that can weaken the impact of economic growth on the environment, whereas financial interrelations ratio's moderating effect is stronger; Finally, this article makes conclusion and inspiration for the improvement of China's environmental quality.
economic growth / financial development / environmental pollution / moderating effect {{custom_keyword}} /
economic growth / financial development / environmental pollution / moderating effect {{custom_keyword}} /
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Supported by Scientific Research Foundation in Education Ministry (693[2013]); Social Science Foundation in Shaanxi Province (13D204); Humanities, Social Science and Management Foundation in NPU (RW201319)
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