Detailed Information on Publication Record
2020
Is China's Dependency on Coal a Threat to Its Economic Development?
ČECHOVÁ ZÁVADSKÁ, Miroslava, Lucia MORALES and Bernadette ANDREOSSO‐O'CALLAGHANBasic information
Original name
Is China's Dependency on Coal a Threat to Its Economic Development?
Authors
ČECHOVÁ ZÁVADSKÁ, Miroslava (203 Czech Republic, belonging to the institution), Lucia MORALES (372 Ireland) and Bernadette ANDREOSSO‐O'CALLAGHAN (372 Ireland)
Edition
Londýn, Sustainable Development and Energy Transition in Europe and Asia, Volume 9, p. 23-44, 22 pp. Volume 9, 2020
Publisher
ISTE Ltd and John Wiley & Sons, Inc.
Other information
Language
English
Type of outcome
Kapitola resp. kapitoly v odborné knize
Field of Study
50202 Applied Economics, Econometrics
Confidentiality degree
není předmětem státního či obchodního tajemství
Publication form
electronic version available online
RIV identification code
RIV/26867184:_____/20:N0000037
Organization unit
Moravian Business College Olomouc
ISBN
978-1-78630-570-1
Keywords in English
China's coal consumption; China's economic growth; coal demand; coal price volatility; energy efficient strategy; Granger causality test
Tags
Změněno: 5/5/2021 10:32, Ing. Michaela Nováková
Abstract
V originále
Coal is one of the prime contributors to China's economic success. This chapter examines China's coal dependency by looking at the short to medium run dynamics between coal price volatility and sectoral stock exchange performance. It discusses the environmental implications of coal consumption, and discusses the relationship between coal demand and economic growth. China's economic growth depends on its ability to develop an energy efficient strategy that sustains its economic and social development plans. China's coal dependency is examined by implementing Granger causality tests to gain insights into the short to medium run dynamics between coal price volatility and China's sectoral performance. The outcomes of the Granger causality analysis indicated a lack of causal effects running from coal price volatility to the selected sectors; an exception was found for the energy and natural resource sectors that exhibited bidirectional causal effects.