Abstract
Given the finite nature of fossil energy and rising environmental pressures, countries are increasing focus on clean energy. By employing provincial panel data from 2003 to 2019 in China, this study sheds light on the effect of clean energy development on economic growth and the role of environmental regulation in the relationship. The study utilized moderating and threshold effect models for empirical estimation. Results show that clean energy development has a positive impact on economic growth in general. In terms of region heterogeneity, the contribution of clean energy development to economic growth is more pronounced in regions with higher levels of economic development. Furthermore, we provide evidence that market-based environmental regulation has a single threshold, which has a positive regulating effect on the relationship between clean energy development and economic growth, while administrative environmental regulation has a double threshold, which has a negative regulating effect on the relationship between the two. The findings of our study provide useful policy directions for maintaining a balance between economic growth and environmental prosperity.
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Data availability
The datasets used and/or analyzed during the current study are available from the corresponding author on reasonable request.
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Funding
This work was financially supported by General Project of Humanities and Social Science Research in Colleges and Universities in Henan Province (No. 2023ZZJH185) and the Social Science Foundation of Henan Province (No.2019GGJS090).
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Bin Xi: responsible for the idea of this manuscript, software provision, revision of this manuscript, and language checking. Chaoxia Yao: investigation, conceptualization, formal analysis, and writing original draft.
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Xi, B., Yao, C. The impact of clean energy development on economic growth in China: from the perspectives of environmental regulation. Environ Sci Pollut Res 30, 14385–14401 (2023). https://doi.org/10.1007/s11356-022-23186-3
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DOI: https://doi.org/10.1007/s11356-022-23186-3