Effects of Human Capital on Energy Consumption: The Role of Income Inequality.

ABSTRACT: High-quality human capital (HC) development has a strong influence on achieving a win-win target of economic growth and energy consumption mitigation based on the background of the contemporary "carbon neutrality" constraints in China. We here aim to empirically assess the effect of HC on energy consumption (EC) in 30 provinces of China from 2000 to 2019. Moreover, we broaden the literature by discussing the effect of HC in terms of impact mechanism and nonlinear relationship. Based on methods of the augmented mean group (AMG), the estimation of long-term impacts indicates that the improvement of HC significantly discourages the increase in EC. The intrinsic mechanism shows that the accumulation of HC significantly promotes the decline of EC through economic structure adjustment and techno

SUBMITTER: Gao Y 

PROVIDER: S-EPMC9778858 | biostudies-literature | 2022 Dec

REPOSITORIES: biostudies-literature