TITLE:
International Technology Spillover, Energy Consumption and CO2 Emissions in China
AUTHORS:
Rihui Lei, Yabin Zhang, Sichao Wei
KEYWORDS:
Technology Spillover; Energy Consumption; CO2 Emissions
JOURNAL NAME:
Low Carbon Economy,
Vol.3 No.3,
September
20,
2012
ABSTRACT: Based on autoregressive distributed lag model, we empirically study the interrelationship between international technology spillover, energy consumption and CO2 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 CO2 emissions. R&D input has both direct and indirect effect on the reduction in CO2 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 CO2 emissions by rising energy efficiency. Energy consumption increases CO2 emissions.