Temporal Causal Relationship between Resource Use and Economic Growth in East China

作     者：Yuan Wang Jie Chen Genfa Lu 

作者机构：Associate Professor State Key Laboratory of Pollution Control and Resources Reuse School of the Environment Nanjing University Nanjing China. Email: ywang@*** PhD candidate State Key Laboratory of Pollution Control and Resources Reuse School of the Environment Nanjing University Nanjing China. Email: chenjie509@*** Professor State Key Laboratory of Pollution Control and Resources Reuse School of the Environment Nanjing University Nanjing China. Email: lugf@***. 

出 版 物：《China & World Economy》 (中国与世界经济（英文版）)

年 卷 期：2011年第19卷第2期

页      面：93-108页

核心收录：

学科分类：0303[法学-社会学] 0710[理学-生物学] 03[法学] 07[理学] 071003[理学-生理学] 

基　　金：funded by the National Nalural Science Foundation of China(No.40701063) 

主　　题：cointegration East China economic growth material flow analysis resource 

摘      要：The present paper attempts to combine cointegration theory and the material flow analysis approach to examine the causal relationship between resource use and real GDP in Jiangsu Province in East China. The study considers the period from 1990 to 2007. We use direct material input as the proxy variable for resource use. Our estimation indicates that real GDP and resource use are cointegrated and there is only unidirectional long-run Granger causality running from resource use to real GDP, but not vice versa. The estimation results mean that resources are a limiting factor in terms of economic growth, and, therefore, strategies should be adopted for more vigorous economic development and consistent resource use in East China. Furthermore, the novel idea and methodology involved in the present study can be readily extended to cover other regions for the analysis of the relationship between resource use and economic growth.