Nexus between industrial growth, energy consumption and environmental deterioration: OBOR Challenges and prospects to China

Abdul Rauf; Xiaoxing Liu; Waqas Amin; Obaid Ur Rehman; Muddassar Sarfraz

doi:10.1109/IEIS.2018.8597991

Nexus between industrial growth, energy consumption and environmental deterioration: OBOR Challenges and prospects to China

Abdul Rauf
, Xiaoxing Liu
, Waqas Amin
, Obaid Ur Rehman
, Muddassar Sarfraz

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

11 Scopus citations

Abstract

The introduction of One Belt One Road Initiative (OBOR) projects intensively triggered the industrial revolt in China which can greatly degrade its environment by carbon emission in the impending time. This study empirically assesses the long run and short run ties of such industrial revolution with CO2 emission and energy demand from 1971 to 2016. The study reliable its outcomes by applying diagnostics unit root, serial correlation, autocorrelation and normality tests. By applying ARDL bound test, the study reveals the positive and significant long-run linkages between industrial growth, services sector of the economy and energy consumption with CO2 emission, however economic development negatively impacted the emissions in the China. Granger causality reveals the unidirectional causation of energy consumption, industrial progression, and economic growth to CO2 emission correspondingly. It is intimated that the Chinese rulers need to address industrial waste to avoid environmental degradation, harmful pollutant stuff caused by CO2 emission. This step will guarantee Chinese sustainable growth in the long run and will produce a very effective outcome from OBOR project. Furthermore, the policy implication available for China as well as OBOR nations, to cater the environmental issues by making strict policies for industries and focus on renewable energy sources that help to lack the CO2 emission.

Original language	English
Title of host publication	5th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2018 - Proceeding
Editors	Menggang Li, Runtong Zhang, Anqiang Huang, Xiaopu Shang, Guowei Hua, Dash Wu
Publisher	Institute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)	9781538669686
DOIs	https://doi.org/10.1109/IEIS.2018.8597991
State	Published - 31 Dec 2018
Externally published	Yes
Event	5th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2018 - Toronto, Canada Duration: 3 Aug 2018 → 6 Aug 2018

Publication series

Name	5th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2018 - Proceeding

Conference

Conference	5th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2018
Country/Territory	Canada
City	Toronto
Period	3/08/18 → 6/08/18

Bibliographical note

Publisher Copyright:
© 2018 IEEE.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy
SDG 8 Decent Work and Economic Growth
SDG 9 Industry, Innovation, and Infrastructure
SDG 12 Responsible Consumption and Production
SDG 13 Climate Action
SDG 17 Partnerships for the Goals

Keywords

ARDL
China
Industrial Growth
OBOR
energy consumption

ASJC Scopus subject areas

Development
Transportation
Economics and Econometrics
Industrial and Manufacturing Engineering
Safety, Risk, Reliability and Quality

Access to Document

10.1109/IEIS.2018.8597991

Cite this

Rauf, A., Liu, X., Amin, W., Rehman, O. U., & Sarfraz, M. (2018). Nexus between industrial growth, energy consumption and environmental deterioration: OBOR Challenges and prospects to China. In M. Li, R. Zhang, A. Huang, X. Shang, G. Hua, & D. Wu (Eds.), 5th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2018 - Proceeding Article 8597991 (5th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2018 - Proceeding). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/IEIS.2018.8597991

Rauf, Abdul ; Liu, Xiaoxing ; Amin, Waqas et al. / Nexus between industrial growth, energy consumption and environmental deterioration : OBOR Challenges and prospects to China. 5th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2018 - Proceeding. editor / Menggang Li ; Runtong Zhang ; Anqiang Huang ; Xiaopu Shang ; Guowei Hua ; Dash Wu. Institute of Electrical and Electronics Engineers Inc., 2018. (5th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2018 - Proceeding).

@inproceedings{8f2a9a7d769b4e7caa34c72fa13eac7e,

title = "Nexus between industrial growth, energy consumption and environmental deterioration: OBOR Challenges and prospects to China",

abstract = "The introduction of One Belt One Road Initiative (OBOR) projects intensively triggered the industrial revolt in China which can greatly degrade its environment by carbon emission in the impending time. This study empirically assesses the long run and short run ties of such industrial revolution with CO2 emission and energy demand from 1971 to 2016. The study reliable its outcomes by applying diagnostics unit root, serial correlation, autocorrelation and normality tests. By applying ARDL bound test, the study reveals the positive and significant long-run linkages between industrial growth, services sector of the economy and energy consumption with CO2 emission, however economic development negatively impacted the emissions in the China. Granger causality reveals the unidirectional causation of energy consumption, industrial progression, and economic growth to CO2 emission correspondingly. It is intimated that the Chinese rulers need to address industrial waste to avoid environmental degradation, harmful pollutant stuff caused by CO2 emission. This step will guarantee Chinese sustainable growth in the long run and will produce a very effective outcome from OBOR project. Furthermore, the policy implication available for China as well as OBOR nations, to cater the environmental issues by making strict policies for industries and focus on renewable energy sources that help to lack the CO2 emission.",

keywords = "ARDL, China, Industrial Growth, OBOR, energy consumption",

author = "Abdul Rauf and Xiaoxing Liu and Waqas Amin and Rehman, \{Obaid Ur\} and Muddassar Sarfraz",

note = "Publisher Copyright: {\textcopyright} 2018 IEEE.; 5th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2018 ; Conference date: 03-08-2018 Through 06-08-2018",

year = "2018",

month = dec,

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Rauf, A, Liu, X, Amin, W, Rehman, OU & Sarfraz, M 2018, Nexus between industrial growth, energy consumption and environmental deterioration: OBOR Challenges and prospects to China. in M Li, R Zhang, A Huang, X Shang, G Hua & D Wu (eds), 5th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2018 - Proceeding., 8597991, 5th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2018 - Proceeding, Institute of Electrical and Electronics Engineers Inc., 5th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2018, Toronto, Canada, 3/08/18. https://doi.org/10.1109/IEIS.2018.8597991

Nexus between industrial growth, energy consumption and environmental deterioration: OBOR Challenges and prospects to China. / Rauf, Abdul; Liu, Xiaoxing; Amin, Waqas et al.
5th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2018 - Proceeding. ed. / Menggang Li; Runtong Zhang; Anqiang Huang; Xiaopu Shang; Guowei Hua; Dash Wu. Institute of Electrical and Electronics Engineers Inc., 2018. 8597991 (5th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2018 - Proceeding).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

TY - GEN

T1 - Nexus between industrial growth, energy consumption and environmental deterioration

T2 - 5th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2018

AU - Rauf, Abdul

AU - Liu, Xiaoxing

AU - Amin, Waqas

AU - Rehman, Obaid Ur

AU - Sarfraz, Muddassar

PY - 2018/12/31

Y1 - 2018/12/31

N2 - The introduction of One Belt One Road Initiative (OBOR) projects intensively triggered the industrial revolt in China which can greatly degrade its environment by carbon emission in the impending time. This study empirically assesses the long run and short run ties of such industrial revolution with CO2 emission and energy demand from 1971 to 2016. The study reliable its outcomes by applying diagnostics unit root, serial correlation, autocorrelation and normality tests. By applying ARDL bound test, the study reveals the positive and significant long-run linkages between industrial growth, services sector of the economy and energy consumption with CO2 emission, however economic development negatively impacted the emissions in the China. Granger causality reveals the unidirectional causation of energy consumption, industrial progression, and economic growth to CO2 emission correspondingly. It is intimated that the Chinese rulers need to address industrial waste to avoid environmental degradation, harmful pollutant stuff caused by CO2 emission. This step will guarantee Chinese sustainable growth in the long run and will produce a very effective outcome from OBOR project. Furthermore, the policy implication available for China as well as OBOR nations, to cater the environmental issues by making strict policies for industries and focus on renewable energy sources that help to lack the CO2 emission.

AB - The introduction of One Belt One Road Initiative (OBOR) projects intensively triggered the industrial revolt in China which can greatly degrade its environment by carbon emission in the impending time. This study empirically assesses the long run and short run ties of such industrial revolution with CO2 emission and energy demand from 1971 to 2016. The study reliable its outcomes by applying diagnostics unit root, serial correlation, autocorrelation and normality tests. By applying ARDL bound test, the study reveals the positive and significant long-run linkages between industrial growth, services sector of the economy and energy consumption with CO2 emission, however economic development negatively impacted the emissions in the China. Granger causality reveals the unidirectional causation of energy consumption, industrial progression, and economic growth to CO2 emission correspondingly. It is intimated that the Chinese rulers need to address industrial waste to avoid environmental degradation, harmful pollutant stuff caused by CO2 emission. This step will guarantee Chinese sustainable growth in the long run and will produce a very effective outcome from OBOR project. Furthermore, the policy implication available for China as well as OBOR nations, to cater the environmental issues by making strict policies for industries and focus on renewable energy sources that help to lack the CO2 emission.

KW - ARDL

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KW - Industrial Growth

KW - OBOR

KW - energy consumption

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DO - 10.1109/IEIS.2018.8597991

M3 - Conference contribution

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T3 - 5th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2018 - Proceeding

BT - 5th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2018 - Proceeding

A2 - Li, Menggang

A2 - Zhang, Runtong

A2 - Huang, Anqiang

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PB - Institute of Electrical and Electronics Engineers Inc.

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ER -

Rauf A, Liu X, Amin W, Rehman OU, Sarfraz M. Nexus between industrial growth, energy consumption and environmental deterioration: OBOR Challenges and prospects to China. In Li M, Zhang R, Huang A, Shang X, Hua G, Wu D, editors, 5th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2018 - Proceeding. Institute of Electrical and Electronics Engineers Inc. 2018. 8597991. (5th International Conference on Industrial Economics System and Industrial Security Engineering, IEIS 2018 - Proceeding). doi: 10.1109/IEIS.2018.8597991

Nexus between industrial growth, energy consumption and environmental deterioration: OBOR Challenges and prospects to China

Abstract

Publication series

Conference

Bibliographical note

UN SDGs

Keywords

ASJC Scopus subject areas

Access to Document

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Cite this