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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...

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Detalles Bibliográficos
Autores principales: Gao, Yiping, Yuan, Rong, Zheng, Shenglin
Formato: Online Artículo Texto
Lenguaje:English
Publicado: MDPI 2022
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.
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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
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