Impacts of international oil price fluctuations on China’s PM2.5 concentrations: a wavelet analysis
| العنوان: | Impacts of international oil price fluctuations on China’s PM2.5 concentrations: a wavelet analysis |
|---|---|
| المؤلفون: | Yongyou Nie, Enci Wang, Tasangyao Zhang, Pingchao Chen |
| المصدر: | Economic research-Ekonomska istraživanja Volume 33 Issue 1 Ekonomska Istraživanja, Vol 33, Iss 1, Pp 2488-2508 (2020) |
| بيانات النشر: | Taylor and Francis Group and Juraj Dobrila University of Pula, Faculty of economics and tourism Dr. Mijo Mirković, 2020. |
| سنة النشر: | 2020 |
| مصطلحات موضوعية: | Economics and Econometrics, wavelet analysis, lcsh:Regional economics. Space in economics, complex mixtures, pm2.5 concentrations, Agricultural economics, lcsh:HD72-88, lcsh:HT388, lcsh:Economic growth, development, planning, PM2.5 concentrations, international oil price fluctuations, Wavelet, Environmental science, Oil price, China, Air quality index, health care economics and organizations |
| الوصف: | In the past few years, China’s air quality, particularly PM2.5 concentrations, has received extensive attention. China is increasingly dependent on imported oil, and the international oil price fluctuations influence the air quality by two paths. A rise in oil prices puts pressure on the economy and reduces energy consumption, which could improve air quality. However, the substitution effect by high oil prices tends to increase the use of environmentally unfriendly energies, which worsens air quality. In this study, the authors employ wavelet analysis to determine how international oil price fluctuations affect PM2.5 concentrations in China. The authors process a sample of 12 typical Chinese cities, which are discretely distributed in the northeast, north, east, central, south, and southwest of China. The results show that in most cities international crude oil prices are positively correlated to the PM2.5 concentrations in the short term (1–4 months) and that the fluctuations in oil prices are usually ahead of the changes of PM2.5 concentrations. It is more pronounced in industrially developed cities such as in Shanghai. An extension of the study to include the country data yields more consistent findings. Empirical analysis indicates that, in the short run, the substitution effect caused by oil price fluctuations exerts a stronger impact on PM2.5 concentrations. |
| وصف الملف: | application/pdf |
| اللغة: | English |
| تدمد: | 1848-9664 1331-677X |
| الوصول الحر: | https://explore.openaire.eu/search/publication?articleId=doi_dedup___::6639bf6f029d7fbfa8df3c036d746b6bTest https://hrcak.srce.hr/file/334098Test |
| حقوق: | OPEN |
| رقم الانضمام: | edsair.doi.dedup.....6639bf6f029d7fbfa8df3c036d746b6b |
| قاعدة البيانات: | OpenAIRE |
| تدمد: | 18489664 1331677X |
|---|