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Effects of Human Capital on Energy Consumption: The Role of Income Inequality
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 con...
Autores principales: | , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
MDPI
2022
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9778858/ https://www.ncbi.nlm.nih.gov/pubmed/36554885 http://dx.doi.org/10.3390/ijerph192417005 |
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author | Gao, Yiping Yuan, Rong Zheng, Shenglin |
author_facet | Gao, Yiping Yuan, Rong Zheng, Shenglin |
author_sort | Gao, Yiping |
collection | PubMed |
description | 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 technological innovation. Moreover, the threshold model indicates that income equality lifts the inhibitory impact of HC on EC. Accordingly, the development of HC should be involved in the policy preference of China’s provincial and national development strategies considering its effectiveness in stimulating the reduction of energy consumption. |
format | Online Article Text |
id | pubmed-9778858 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2022 |
publisher | MDPI |
record_format | MEDLINE/PubMed |
spelling | pubmed-97788582022-12-23 Effects of Human Capital on Energy Consumption: The Role of Income Inequality Gao, Yiping Yuan, Rong Zheng, Shenglin Int J Environ Res Public Health Article 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 technological innovation. Moreover, the threshold model indicates that income equality lifts the inhibitory impact of HC on EC. Accordingly, the development of HC should be involved in the policy preference of China’s provincial and national development strategies considering its effectiveness in stimulating the reduction of energy consumption. MDPI 2022-12-18 /pmc/articles/PMC9778858/ /pubmed/36554885 http://dx.doi.org/10.3390/ijerph192417005 Text en © 2022 by the authors. https://creativecommons.org/licenses/by/4.0/Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). |
spellingShingle | Article Gao, Yiping Yuan, Rong Zheng, Shenglin Effects of Human Capital on Energy Consumption: The Role of Income Inequality |
title | Effects of Human Capital on Energy Consumption: The Role of Income Inequality |
title_full | Effects of Human Capital on Energy Consumption: The Role of Income Inequality |
title_fullStr | Effects of Human Capital on Energy Consumption: The Role of Income Inequality |
title_full_unstemmed | Effects of Human Capital on Energy Consumption: The Role of Income Inequality |
title_short | Effects of Human Capital on Energy Consumption: The Role of Income Inequality |
title_sort | effects of human capital on energy consumption: the role of income inequality |
topic | Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9778858/ https://www.ncbi.nlm.nih.gov/pubmed/36554885 http://dx.doi.org/10.3390/ijerph192417005 |
work_keys_str_mv | AT gaoyiping effectsofhumancapitalonenergyconsumptiontheroleofincomeinequality AT yuanrong effectsofhumancapitalonenergyconsumptiontheroleofincomeinequality AT zhengshenglin effectsofhumancapitalonenergyconsumptiontheroleofincomeinequality |