Study on the interactive influence between economic growth and environmental pollution
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RESEARCH ARTICLE
Study on the interactive influence between economic growth and environmental pollution Congjun Rao 1 & Bangjie Yan 1 Received: 7 May 2020 / Accepted: 3 July 2020 # Springer-Verlag GmbH Germany, part of Springer Nature 2020
Abstract With the rapid growth of economy, the environmental pollution problem is becoming increasingly prominent. How to promote the coordinated and balanced development of economy and environment is a strategic problem of great significance that we face urgently. Taking Wuhan City of China as the research object, this paper selects the key indexes of economic growth and environmental pollution and studies the interactive influence between economic growth and environmental pollution in Wuhan. On the one hand, the impact of Wuhan’s economic growth on environmental pollution is analyzed by the proposed time-delay correlation analysis method and the time-delay EKC (Environment Kuznets Curve) models. On the other hand, the impact of Wuhan’s environmental pollution on environmental growth is studied. By establishing the LARS-LASSO (least angle regression-least absolute shrinkage and selection operator) regression model and the stepwise regression model, the main factors affecting economic growth in preliminary environmental pollution indexes are analyzed, and then, an interaction model is established to study the impact of the interaction between any two main environmental factors on economic growth. The results of empirical analysis show that the main factors affecting economic growth are industrial wastewater emissions, industrial waste gas emissions, and industrial smoke and dust emissions, and the interaction between industrial waste gas emissions and industrial wastewater emissions restrains economic growth. Keywords Economic growth . Environmental pollution . Environmental Kuznets theory . LARS-LASSO regression . Interaction model
Introduction With the rapid development of society, the coordinated development between economy and environment has gradually become a hot topic that people pay close attention to. While seeking rapid economic growth, people also hope that the environment can be effectively protected, and they also hope that the economy can develop rapidly while protecting the environment (Neto et al. 2017; Hensher 2020; Yang et al. 2020). China has always emphasized sustainable development and ecological civilization, with the goal of building a Responsible editor: Nicholas Apergis * Congjun Rao [email protected] 1
School of Science, Wuhan University of Technology, Wuhan 430070, People’s Republic of China
resource-conserving and environment-friendly society. However, some local regions only focus on economic development and do not pay attention to environmental protection. The unconstrained consumption of natural resources and destruction of the environment ultimately led to the emergence and persistence of air pollution, water pollution, haze, and grassland desertification (Rao et al. 2015; Rao et al. 2017). Such a result will undoubtedly affect and limit the s
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