C 2020

Is China's Dependency on Coal a Threat to Its Economic Development?

ČECHOVÁ ZÁVADSKÁ, Miroslava, Lucia MORALES and Bernadette ANDREOSSO‐O'CALLAGHAN

Basic 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.