Study on the linkage effect among energy prices,carbon emission and economic growth
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Abstract
This paper uses 1953-2011time series data and establishs an empirical model of China's energy prices,carbon emission and economic growth.Research shows that a long-term equilibrium relationship exists among China's energy prices,carbon emission and economic growth.The energy price is the Granger reason of the economy growth,economy growth is the Granger reason of carbon emissions.The effect of a standard deviation impact on energy price to economic growth is positive.The effect of a standard deviation impact of economic growth to carbon emission is positive.
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