The Temporal and Spatial Evolution and Influencing Factors of the Coupling Coordination Degree Between the Promotion of the “Dual Carbon” Targets and Stable Economic Growth in China
Abstract
:1. Introduction
2. Literature Review
2.1. Studies on the “Dual Carbon” Goals
2.2. Studies on Stable Economic Growth
2.3. Studies on the Relationship Between the “Dual Carbon” Goals and Stable Economic Growth
2.4. Contributions
3. Theoretical Analysis
3.1. Characteristics of Coupled Coordination of the Promotion of “Dual Carbon” Goals and Stable Economic Growth
3.2. Coupled Coordination Mechanism of Advancing the “Dual Carbon” Goals and Stable Economic Growth
3.3. Advancement Toward the “Dual Carbon” Goals Provides Foundational Support for Stable Economic Growth
- Incentivizing innovation: According to the Porter hypothesis, environmental regulation can stimulate enterprises to innovate, thereby enhancing productivity and profitability. Driven by the “dual carbon” goals, environmental regulations can spur advancements in low-carbon technologies, guide industrial transformation and upgrading, and create new employment opportunities. This leads to an “innovation compensation effect”, shifting the economy from a low-level equilibrium to a Pareto improvement equilibrium that supports stable economic growth.
- Promoting low-carbon development: Advancement toward the “dual carbon” goals facilitates the transformation of the traditional economic development model, shifting from “end-of-pipe treatment” to “source prevention”. This drives the transformation of economic development momentum, creates a sustainable path for green, high-quality development, and supports stable economic growth.
- Improving the ecological environment: The “dual carbon” goals reduce carbon emissions, increase carbon sinks, and improve the living environment for workers. This benefits workers’ health and quality of life, boosts labor productivity, and injects sustained vitality into stable economic growth.
- Empowering carbon assets: The “two mountains” theory, positing “lucid waters and lush mountains are invaluable assets”, provides a new perspective on the value transformation of carbon emissions, resulting in the formation of carbon assets. Carbon emission rights and carbon sink assets are indispensable aspects of the ecological product value realization mechanism, possessing the function of ecological wealth appreciation. This facilitates the conversion of ecological resources into ecological products, promotes capital accumulation, and provides new strength for stable economic growth.
- Optimizing the developmental foundation: The climate environment is the foundation for stable economic growth, directly influencing economic and societal development, as well as the trajectory of human civilization. The sharp increase in carbon emissions has led to rising global temperatures, triggering natural disasters that severely threaten economic and societal stability, making them a significant threat to stable economic growth. Advancement toward the “dual carbon” goals creates favorable natural environmental conditions and provides sufficient production factors to support stable economic growth, thereby ensuring the foundation for economic development.
3.4. Stable Economic Growth Is a Precondition for Achieving the “Dual Carbon” Goals
- Financial support: Stable economic growth provides the financial resources necessary for achieving the “dual carbon” goals. Developing clean energy, supporting low-energy infrastructure, and researching low-carbon technologies require significant investment. Such investment results from stable economic growth reaching a specific stage, thereby offering the necessary funds for carbon reduction activities.
- Technical support: Stable economic growth provides the technical support required for the “dual carbon” goals. Achieving stable economic growth implies an improvement in production technology. According to endogenous growth theory, technological progress significantly enhances resource utilization efficiency and reduces natural resource consumption [35], contributing to the formation of a “low input, high output” economic model that reduces carbon emissions.
- Economic structural transformation: Stable economic growth represents a more sustainable model of economic development, supporting the transformation of development modes and the optimization of industrial structures. The structural changes resulting from this transformation improve resource utilization and pollution control efficiency, thereby promoting the realization of the “dual carbon” goals.
- Meeting people’s needs for a better life: As economic stability progresses, living standards improve, and public demand for a better ecological environment increases. Increased awareness of ecological protection drives people to pursue and adopt low-carbon, healthy lifestyles. To meet the public’s growing demand for ecological services, the government should increase the supply of carbon reduction policies, thereby accelerating the realization of the “dual carbon” goals.
4. Materials and Methods
4.1. Index System
4.1.1. The Index System of the “Double Carbon” Targets Promotion Level
4.1.2. Index System of Stable Economic Growth
4.2. Methods
4.2.1. Coupling Coordination Degree Model
4.2.2. Kernel Density Estimation
4.2.3. Spatial Metrology Model
4.3. Data Source
5. Results
5.1. Promotion of “Dual Carbon” Goals and Stable Economic Growth Levels
5.2. Temporal Evolution Characteristics of the Coupling Coordination Between the Promotion of “Dual Carbon” Goals and Stable Economic Growth
5.3. Spatial Evolution Characteristics of the Coupling and Coordination of the Promotion of the “Dual Carbon” Goals and Stable Economic Growth
5.4. Factors Influencing the Coupling and Coordination of the Promotion of the “Dual Carbon” Goals and Stable Economic Growth
5.4.1. Direct Effect
5.4.2. Indirect Effect
6. Discussion and Conclusions
6.1. Discussion
6.2. Conclusions
- Regarding temporal evolution, the level of China’s advancement toward the “dual carbon” goals shows a trend of yearly increase. The level of economic stability growth exhibits a pattern of “annual increase—short-term decline—continued recovery”. The coupling coordination degree between advancement toward the “dual carbon” goals and stable economic growth has generally increased, albeit with fluctuations. All four major regions have shown improvements, with the eastern region significantly leading in progress, while the northeastern region has experienced slower growth.
- Spatially, the coupling coordination degree between advancement toward the “dual carbon” goals and stable economic growth in China primarily shows low coordination. The overall spatial pattern reveals “higher in the east, lower in the west” coordination. Both nationwide and within the four major regions, varying degrees of gradient effects and polarization phenomena are observed.
- A spatial correlation is observed for the coupling coordination degree between advancement toward the “dual carbon” goals and stable economic growth. Government intervention, environmental regulation, energy efficiency, financial development level and R&D investment intensity all positively influence the coupling coordination degree in their respective regions. Environmental regulation and R&D investment intensity have positive spatial spillover effects, promoting the coupling coordination degree in neighboring areas. However, the spatial spillover effects of government intervention, energy efficiency, and financial development level are less significant, with minimal impact on neighboring areas. Based on these findings, this study proposes the following policy recommendations.
Author Contributions
Funding
Data Availability Statement
Conflicts of Interest
References
- Xu, D.D. Mechanism design and realization path for promoting carbon neutrality and stable growth. J. Beijing Technol. Bus. Univ. (Soc. Sci. Ed.) 2023, 38, 77–87. [Google Scholar]
- Kaya, Y.; Yokobori, K. Environment, Energy and Economy: Strategies for Sustainability; United Nations University Press: Tokyo, Japan, 1998. [Google Scholar]
- Mielnik, O.; Goldemberg, J. Communication the evolution of the “carbonization index” in developing countries. Energy Policy 1999, 27, 307–308. [Google Scholar] [CrossRef]
- Jiborn, M.; Kulionis, V.; Kander, A. Consumption versus technology: Drivers of global carbon emissions 2000–2014. Energies 2020, 13, 339. [Google Scholar] [CrossRef]
- Jobert, T.; Karanfil, F.; Tykhonenko, A. Convergence of per capita carbon dioxide emissions in the EU: Legend or reality? Energy Econ. 2010, 32, 1364–1373. [Google Scholar] [CrossRef]
- Zhang, Y.J.; Sun, Y.F.; Huang, J.L. Energy efficiency, carbon emission performance, and technology gaps: Evidence from CDM project investment. Energy Policy 2018, 115, 119–130. [Google Scholar] [CrossRef]
- Liu, R.P.; Fang, Y.R.; Peng, S.; Benani, N.; Wu, X.F.; Chen, Y.S.; Wang, T.; Chai, Q.M.; Yang, P.J. Study on factors influencing carbon dioxide emissions and carbon peak heterogenous pathways in Chinese provinces. J. Environ. Manag. 2024, 365, 121667. [Google Scholar] [CrossRef]
- Shao, S.; Fan, M.T.; Yang, L.L. Economic restructuring, green technology Progress and low-carbon Transformation in China: An empirical study from the perspective of overall technology frontier and spatial spillover effect. Manag. World 2022, 38, 46–69+4–10. [Google Scholar] [CrossRef]
- Dong, R.Y.; Zhou, X.W. Analysis of the nonlinear and spatial spillover effects of the digital economy on carbon emissions in the Yellow River Basin. Sustainability 2023, 15, 5253. [Google Scholar] [CrossRef]
- Azam, A.; Rafiq, M.; Shafique, M.; Yuan, J.H. Mitigating carbon emissions in China: The role of clean energy, technological innovation, and political-institutional quality. Front. Environ. Sci. 2022, 10, 814439. [Google Scholar] [CrossRef]
- Akram, R.; Chen, F.; Khalid, F.; Ye, Z.; Majeed, M.T. Heterogeneous effects of energy efficiency and renewable energy on carbon emissions: Evidence from developing countries. J. Cleaner Prod. 2020, 247, 119122. [Google Scholar] [CrossRef]
- Saidi, K.; Omri, A. The impact of renewable energy on carbon emissions and economic growth in 15 major renewable energy-consuming countries. Environ. Res. 2020, 186, 109567. [Google Scholar] [CrossRef] [PubMed]
- Danish; Ulucak, R.; Khan, S.U.; Baloch, M.A.; Li, N. Mitigation pathways toward sustainable development: Is there any trade-off between environmental regulation and carbon emissions reduction? Sustain. Dev. 2019, 28, 813–822. [Google Scholar] [CrossRef]
- Neves, S.A.; Marques, A.C.; Patrício, M. Determinants of CO2 emissions in European Union countries: Does environmental regulation reduce environmental pollution? Econ. Anal. Policy 2020, 68, 114–125. [Google Scholar] [CrossRef]
- Chao, X.J. The Quality of Economic Growth: A Theoretical Explanation and Empirical Analysis in China. Ph.D. Thesis, Northwest University, Xi’an, China, 2009. [Google Scholar]
- Liu, J.Q.; Che, W.H. Current policy options for China’s stable economic growth. Shanghai Econ. Res. 2017, 52–59. [Google Scholar] [CrossRef]
- Zhao, X.C. Stability evaluation of China’s economic growth and analysis of its influencing factors. Ind. Technol. Econ. 2015, 34, 37–48. [Google Scholar]
- Li, S. Study on the Influence of Fixed Asset Investment on the Stability of Economic Growth in Xinjiang. Ph.D. Thesis, Xinjiang University of Finance & Economics, Urumqi, China, 2021. [Google Scholar]
- Yang, S.H.; Tong, M.H. Human capital, technological progress and steady economic growth: Theoretical mechanism and empirical evidence. Zhejiang Soc. Sci. 2022, 24–38+157. [Google Scholar] [CrossRef]
- Li, J.; Nan, Y.; Liu, X.H. The problem of stable economic growth in China: Human capital mismatch and its solution. Econ. Res. 2017, 52, 18–31. [Google Scholar]
- Lau, L.S.; Choong, C.K.; Eng, Y.K. Investigation of the environmental Kuznets curve for carbon emissions in Malaysia: Do foreign direct investment and trade matter? Energy Policy 2014, 68, 490–497. [Google Scholar] [CrossRef]
- Nasir, M.; Rehman, U.F. Environmental Kuznets Curve for carbon emissions in Pakistan: An empirical investigation. Energy Policy 2011, 39, 1857–1864. [Google Scholar] [CrossRef]
- Atici, C. Carbon emissions in Central and Eastern Europe: Environmental Kuznets curve and implications for sustainable development. Sustain. Dev. 2009, 17, 155–160. [Google Scholar] [CrossRef]
- Paresh, K.N.; Behnaz, S.; Abdorreza, S. Economic growth and carbon emissions. Econ. Model. 2016, 53, 388–397. [Google Scholar] [CrossRef]
- Han, Y.J.; Lu, Y. The relationship between economic growth and environment: Based on an empirical study of CO2 environment Kuznets curve. Econ. Theor. Econ. Manag. 2009, 5–11. [Google Scholar] [CrossRef]
- Li, Z.J.; Yin, S.G.; Jiang, Y.X.; Lu, Y.L. Relationship between economic growth and carbon emission allometric velocity and its formation mechanism in Yangtze River Delta. J. Nat. Resour. 2022, 37, 1507–1523. [Google Scholar]
- Zhang, W.F.; Zhou, C.F. Is the trajectory of China’s carbon emissions Kuznets inverted U-shaped?—Analysis of the relationship between economic development and carbon emission in different regions. Econ. Manag. 2011, 33, 14–23. [Google Scholar]
- Wang, Q.; Zhao, M.; Li, R.; Su, M. Decomposition and decoupling analysis of carbon emissions from economic growth: A comparative study of China and the United States. J. Cleaner Prod. 2018, 197, 178–184. [Google Scholar] [CrossRef]
- Wang, Q.; Wang, S.S. Decoupling economic growth from carbon emissions growth in the United States: The role of research and development. J. Cleaner Prod. 2019, 234, 702–713. [Google Scholar] [CrossRef]
- Zhang, H.; Xu, L.; Zhou, P.; Zhu, X.; Cudjoe, D. Coordination between economic growth and carbon emissions: Evidence from 178 cities in China. Econ. Anal. Policy 2024, 81, 164–180. [Google Scholar] [CrossRef]
- Sheng, P.; Li, J.; Zhai, M.; Huang, S. Coupling of economic growth and reduction in carbon emissions at the efficiency level: Evidence from China. Energy 2020, 213, 118747. [Google Scholar] [CrossRef]
- Qing, Y.; Zhao, B.J.; Wen, C.H. The coupling and coordination of agricultural carbon emissions efficiency and economic growth in the Yellow River Basin, China. Sustainability 2023, 15, 971. [Google Scholar] [CrossRef]
- Li, Z.H.; Wang, K.; Yu, F.F.; Xu, L.P. Spatial and temporal differentiation of carbon emission, tourism economy-ecological environment coupling coordination in China. Geogr. Geogr. Inf. Sci. 2022, 38, 110–118. [Google Scholar]
- Kuang, C.E.; Li, W.Y.; Huang, X.S. Spatial and temporal evolution and driving factors of coupling and coordination between carbon emission intensity and high-quality economic development in urban agglomerations in the middle reaches of the Yangtze River. Econ. Geogr. 2022, 42, 30–40. [Google Scholar]
- Li, Q.; Wei, W. Study on the coupling coordination degree of economic growth quality and ecological environment optimization in the Yangtze River Economic Belt. Soft. Sci. 2019, 33, 117–122. [Google Scholar]
- Zhang, W.L.; Lei, Y. A collaborative study of economic growth and carbon emission reduction from the perspective of international comparison. Econ. Restruct. 2016, 3, 165–170. [Google Scholar]
- Ren, X.S.; Liu, Y.J.; Zhao, G. Effects of economic agglomeration on carbon emission intensity and its transmission mechanism. China Popul. Resour. Environ. 2020, 30, 95–106. [Google Scholar]
- Kong, X.T. Study on the Effect of China’s Fiscal and Monetary Policies on the Stability of Economic Growth. Ph.D. Thesis, Southwest University, Chongqing, China, 2016. [Google Scholar]
- Acheampong, A.O.; Amponsah, M.; Boateng, E. Does financial development mitigate carbon emissions? Evidence from heterogeneous financial economies. Energy Econ. 2020, 88, 104768. [Google Scholar] [CrossRef]
- Ai, H.S.; Tan, X.Q.; Zhou, S.W.; Zhou, Y.H.; Xing, H.Y. The impact of environmental regulation on carbon emissions: Evidence from China. Econ. Anal. Policy 2023, 80, 1067–1079. [Google Scholar] [CrossRef]
- He, Y.; Fu, F.F.; Liao, N. Effect analysis of industrial R&D investment on carbon emission based on STIRPAT model. Sci. Technol. Manag. Res. 2021, 41, 206–212. [Google Scholar]
- Sun, W.; Huang, C.C. Predictions of carbon emission intensity based on factor analysis and an improved extreme learning machine from the perspective of carbon emission efficiency. J. Cleaner Prod. 2022, 338, 130414. [Google Scholar] [CrossRef]
- Tian, Z.H.; Tian, T.F.; Chen, Y.; Shao, S. The economic consequences of environmental regulation in China: From a perspective of the environmental protection admonishing talk policy. Bus. Strategy Environ. 2020, 29, 1723–1733. [Google Scholar] [CrossRef]
- Fan, X.L. Research and development intensity, local market effect and regional economic growth: An analysis based on New Economic Geography. Bus. Res. 2021, 4, 17–24. [Google Scholar]
- Greenwood, J.; Sanchez, J.M.; Wang, C. Quantifying the impact of financial development on economic development. Rev. Econ. Dyn. 2013, 16, 194–215. [Google Scholar] [CrossRef]
- Akram, R.; Chen, F.Z.; Khalid, F.; Huang, G.H.; Irfan, M. Heterogeneous effects of energy efficiency and renewable energy on economic growth of BRICS countries: A fixed effect panel quantile regression analysis. Energy 2021, 215, 119019. [Google Scholar] [CrossRef]
- Zhao, X.W. Environmental regulation, environmental regulation competition and regional industrial economic growth: An empirical study based on spatial Durbin panel model. Integr. Trade 2014, 82–92. [Google Scholar] [CrossRef]
- Wei, L.L.; Hou, Y.Q.; Cao, H.Y. Urban carbon emission performance in China: Dynamic decomposition, spatial differences and influencing factors. Inf. Stat. Forum. 2024, 39, 69–83. [Google Scholar]
- Yang, Y.W.; Zhang, P. Logic, measurement and governance of China’s high-quality economic development. Econ. Res. J. 2021, 56, 26–42. [Google Scholar]
- Shen, L.Y.; Huang, Y.L.; Huang, Z.H.; Lou, Y.L.; Ye, G.; Wong, S. Improved coupling analysis on the coordination between socio-economy and carbon emission. Ecol. Indic. 2018, 94, 357–366. [Google Scholar] [CrossRef]
- Xie, P.J.; Gonh, N.Y.; Sun, F.H.; Li, P.; Pan, X.Y. What factors contribute to the extent of decoupling economic growth and energy carbon emissions in China? Energy Policy 2023, 173, 113416. [Google Scholar] [CrossRef]
- Zhao, X.R.; Zhang, X.; Li, N.; Shao, S.; Geng, Y. Decoupling economic growth from carbon dioxide emissions in China: A sectoral factor decomposition analysis. J. Cleaner Prod. 2017, 142, 3500–3516. [Google Scholar] [CrossRef]
- Wang, Q.; Su, M. Drivers of decoupling economic growth from carbon emission—An empirical analysis of 192 countries using decoupling model and decomposition method. Environ. Impact Assess. Rev. 2020, 81, 106356. [Google Scholar] [CrossRef]
- Chen, J.D.; Xu, C.; Song, M. Determinants for decoupling economic growth from carbon dioxide emissions in China. Reg. Environ. Chang. 2020, 20, 11. [Google Scholar] [CrossRef]
- Zhang, B.; Yin, J.; Jiang, H.T.; Qiu, Y.H. Spatial–temporal pattern evolution and influencing factors of coupled coordination between carbon emission and economic development along the Pearl River Basin in China. Environ. Sci. Pollut. Res. 2023, 30, 6875–6890. [Google Scholar] [CrossRef]
Target Layer | Criterion Layer | Index Layer | Representational Meaning | Attribute |
---|---|---|---|---|
The level of progress toward the “two-carbon” goal | Carbon emission | Carbon intensity | Carbon emissions per unit of economic output | − |
Energy intensity | Energy consumed per unit of economic output | − | ||
Proportion of coal consumption | Major fossil energy consumption | − | ||
Carbon uptake | Garden green area | Garden green space carbon sink resources | + | |
Park green area | Park green space carbon sink resources | + | ||
Green coverage ratio | Greening level | + |
Target Layer | Criterion Layer | Index Layer | Representational Meaning | Attribute |
---|---|---|---|---|
Stable economic growth | Stability | Economic Growth Stability Index | The degree of deviation between the actual economic growth rate and the potential economic growth rate | + |
Growth | GDP | Economic growth level | + | |
Increasing rate of GDP | Rate of economic growth | + |
Year | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|---|---|---|---|---|---|
Moran’s I | 0.253 *** | 0.258 *** | 0.266 *** | 0.276 *** | 0.277 *** | 0.266 *** | 0.281 *** | 0.280 *** | 0.282 *** | 0.279 *** | 0.278 *** |
Z | 10.030 | 10.237 | 10.557 | 10.936 | 10.975 | 10.565 | 11.152 | 11.084 | 11.179 | 11.066 | 11.035 |
Test | Index | Statistic |
---|---|---|
Lagrange multiplier test | Lagrange multiplier-lag | 54.809 *** |
Robust Lagrange multiplier-lag | 11.086 *** | |
Lagrange multiplier-error | 54.136 *** | |
Robust Lagrange multiplier-error | 10.413 *** | |
Likelihood ratio test | Likelihood ratio-spatial Durbin model-spatial autoregression | 12.270 ** |
Likelihood ratio-spatial Durbin model-spatial error | 20.000 ** | |
Hausman test | Hausman | 3418.280 *** |
Variables | Coefficient | Variables | Coefficient |
---|---|---|---|
int | 0.023 *** (0.006) | W×int | −0.002 (0.014) |
env | 0.018 *** (0.006) | W×env | 0.033 ** (0.016) |
pro | 0.043 *** (0.006) | W×pro | 0.023 (0.027) |
dev | 0.004 *** (0.001) | W×dev | 0.003 (0.004) |
res | 0.282 *** (0.039) | W×res | 0.264 ** (0.126) |
ρ | 0.304 *** (0.036) | ||
City FE | Yes | ||
Time FE | Yes | ||
N | 3157 | ||
R2 | 0.199 | ||
Log-likelihood | 8155.227 |
Factors | Direct Effect | Indirect Effect |
---|---|---|
int | 0.024 *** (0.006) | 0.008 (0.019) |
env | 0.019 *** (0.006) | 0.055 ** (0.024) |
pro | 0.044 *** (0.006) | 0.049 (0.037) |
dev | 0.004 *** (0.001) | 0.007 (0.005) |
res | 0.293 *** (0.038) | 0.494 *** (0.176) |
Disclaimer/Publisher’s Note: The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of MDPI and/or the editor(s). MDPI and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content. |
© 2024 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/).
Share and Cite
Dong, R.; Zhang, Q.; Zhou, X. The Temporal and Spatial Evolution and Influencing Factors of the Coupling Coordination Degree Between the Promotion of the “Dual Carbon” Targets and Stable Economic Growth in China. Energies 2024, 17, 5648. https://doi.org/10.3390/en17225648
Dong R, Zhang Q, Zhou X. The Temporal and Spatial Evolution and Influencing Factors of the Coupling Coordination Degree Between the Promotion of the “Dual Carbon” Targets and Stable Economic Growth in China. Energies. 2024; 17(22):5648. https://doi.org/10.3390/en17225648
Chicago/Turabian StyleDong, Ruiyuan, Qian Zhang, and Xiaowei Zhou. 2024. "The Temporal and Spatial Evolution and Influencing Factors of the Coupling Coordination Degree Between the Promotion of the “Dual Carbon” Targets and Stable Economic Growth in China" Energies 17, no. 22: 5648. https://doi.org/10.3390/en17225648
APA StyleDong, R., Zhang, Q., & Zhou, X. (2024). The Temporal and Spatial Evolution and Influencing Factors of the Coupling Coordination Degree Between the Promotion of the “Dual Carbon” Targets and Stable Economic Growth in China. Energies, 17(22), 5648. https://doi.org/10.3390/en17225648