Can Increased Economic Complexity and Reduced Carbon Emissions of the Logistics Industry Go Hand in Hand? Evidence from Countries Along the Belt and Road
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Media type:
E-Book
Title:
Can Increased Economic Complexity and Reduced Carbon Emissions of the Logistics Industry Go Hand in Hand? Evidence from Countries Along the Belt and Road
Description:
As an innovative concept proposed in 2007, economic complexity opened up a new direction for energy conservation and emission reduction research. At present, there is a certain research gap between economic complexity and specific industrial carbon emissions (abbreviated as CES) . Within the traditional Environmental Kuznets Curve (EKC) framework,this study introduces economic complexity as a new variable to build a panel model,and uses the data of countries along the Belt and Road (abbreviated as B&R countries) from 1998-2018 for empirical analysis. The results show that: (1) The causality diagram between variables shows that the mechanism of economic complexity has an effect on carbon emissions of logistics industry (abbreviated as CES of logistics industry) mainly by improving the technology innovation. (2) Economic complexity can explain and predict the changes in CES of logistics industry more reasonably, and the relationship between them in line with the EKC hypothesis. (3) Only high-income countries (abbreviated as HIC) can increasing economic complexity while reducing CES of logistics industry. Based on the empirical analysis, suggestions are made for measuring CES of logistics industry in B&R countries