The effect of financial development on energy intensity in China
In this study, we analyse the relationship between financial development and energy
intensity in 28 Chinese provinces over the period 1999 to 2014. Using a wide variety of
financial development measures, as well as specific indicators capturing the level of state
intervention in the financial system and the degree of market-driven financing in the
economy, we examine whether limited access to finance acts as a barrier to reducing energy
intensity. Our estimations control for variables such as state investment, stock market …
intensity in 28 Chinese provinces over the period 1999 to 2014. Using a wide variety of
financial development measures, as well as specific indicators capturing the level of state
intervention in the financial system and the degree of market-driven financing in the
economy, we examine whether limited access to finance acts as a barrier to reducing energy
intensity. Our estimations control for variables such as state investment, stock market …
The effect of financial development on energy intensity in China
C Aller Arranz, J Ordóñez Monfort… - … Journal, vol. 39 …, 2018 - repositorioinstitucional.ceu.es
In this study, we analyse the relationship between financial development and energy
intensity in 28 Chinese provinces over the period 1999 to 2014. Using a wide variety of
financial development measures, as well as specific indicators capturing the level of state
intervention in the financial system and the degree of market-driven financing in the
economy, we examine whether limited access to finance acts as a barrier to reducing energy
intensity. Our estimations control for variables such as state investment, stock market …
intensity in 28 Chinese provinces over the period 1999 to 2014. Using a wide variety of
financial development measures, as well as specific indicators capturing the level of state
intervention in the financial system and the degree of market-driven financing in the
economy, we examine whether limited access to finance acts as a barrier to reducing energy
intensity. Our estimations control for variables such as state investment, stock market …
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