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International Technology Spillover, Energy Consumption and CO<sub>2</sub> Emissions in China
School of Economy & Trade, Hunan University, Changsha, China.
School of Economy & Trade, Hunan University, Changsha, China
School of Economy & Trade, Hunan University, Changsha, China
- 1 School of Economy & Trade, Hunan University, Changsha, China.
- 2 School of Economy & Trade, Hunan University, Changsha, China
- 3 School of Economy & Trade, Hunan University, Changsha, China
Low Carbon Economy·Volume 03 (2012)·Pages 49–53·Published 13 September 2012·DOI10.4236/lce.2012.33007
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Abstract
Based on autoregressive distributed lag model, we empirically study the interrelationship between international technology spillover, energy consumption and CO 2 emissions by using time series data covering the period 1960-2008. The results show that international technology spillover, technology transformation and domestic R&D input cut down CO 2 emissions. R&D input has both direct and indirect effect on the reduction in CO 2 emissions. On the one hand, R&D input promotes domestic innovation and accelerates transformation, absorption and utilization of the technology from forerunners. On the other hand, R&D input reduces CO 2 emissions by rising energy efficiency. Energy consumption increases CO 2 emissions.
KeywordsTechnology SpilloverEnergy ConsumptionCO<sub>2</sub>Emissions
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