CEU Electronic Theses and Dissertations, 2022
| Author | Chu, Jingya |
|---|---|
| Title | Exploring the Relationship between Globalization, Financial Development and Carbon Emissions -- an empirical research based on China |
| Summary | In response to global warming, China has voluntarily proposed two goals of "carbon neutrality" and "carbon peaking". While ensuring financial development and leading globalization, realizing carbon reduction transformation is an opportunity and a challenge for China. This paper selects panel data from 2000 to 2019 in specific years from 30 provinces in China. First, this paper examines the temporal evolution and geographic characteristics of carbon emissions, financial development levels, and economic globalization in China's provinces by drawing heat maps. Then, this paper uses the spatial Durbin model to measure and analyze the spatial spillover effect between China's carbon emissions and financial development. The conclusion concluded but not limited to : 1. China's overall carbon emissions are still growing, but the growth rate has slowed down significantly. The financial development of various provinces and cities continued to grow, but mainly in key cities. Trade openness increased overall but was stronger in the South. Carbon emissions, financial development and trade openness show a clear and ambiguous north-south polarization. 2. Financial development and population directly promote the intensity of local carbon emissions, but reduce carbon emissions in neignbours areas, so there is an overall inhibitory effect. 3. The direct, indirect and overall effect of scientific and technological development is to alleviate carbon emissions, which will become the key to China's realization of the "dual carbon" goal. Keywords:Carbon Emission Intensity, Economic Globalization, Financial Development, Carbon Peaking, Carbon Neutrality, Spatial Spillover Effect |
| Supervisor | Professor Attila Ratfai |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2022/chu_jingya.pdf |
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