Energies 2013, 6(3), 1409-1420; doi:10.3390/en6031409
Article

Energy Production and Regional Economic Growth in China: A More Comprehensive Analysis Using a Panel Model

Received: 31 December 2012; in revised form: 30 January 2013 / Accepted: 17 February 2013 / Published: 5 March 2013
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Abstract: China has witnessed a fast economic growth in the recent two decades. However, the heavy energy exploitation seems to show a negative relation to regional economic growth. Thus, the issue is whether the energy production is a curse or blessing for the regional economic growth in China. The present study deploys a comprehensive approach to rigorously prove the validity of a proposed panel data model that includes a second generation panel unit root test and panel cointegration and a spatial panel model. The results from the second generation panel unit root test and panel cointegration allowing for cross-sectional dependences show the differenced series are stationary and there exists a cointegration relationship among these variables for all sub-regions. The results from the spatial panel data model support the conjecture of the spatial dependent and show that there is a “resource curse” only for the Western region and Central region in China.
Keywords: resource curse; regional imbalance; second generation panel unit root and cointegration; spatial panel data model; China
PDF Full-text Download PDF Full-Text [381 KB, uploaded 5 March 2013 16:55 CET]

Export to BibTeX |
EndNote


MDPI and ACS Style

Liu, Y. Energy Production and Regional Economic Growth in China: A More Comprehensive Analysis Using a Panel Model. Energies 2013, 6, 1409-1420.

AMA Style

Liu Y. Energy Production and Regional Economic Growth in China: A More Comprehensive Analysis Using a Panel Model. Energies. 2013; 6(3):1409-1420.

Chicago/Turabian Style

Liu, Yaobin. 2013. "Energy Production and Regional Economic Growth in China: A More Comprehensive Analysis Using a Panel Model." Energies 6, no. 3: 1409-1420.

Energies EISSN 1996-1073 Published by MDPI AG, Basel, Switzerland RSS E-Mail Table of Contents Alert