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Electricity Consumption in China
China’s electricity consumption presents a significant spatial spill over effect, and the spatial agglomeration of electricity consumption in local regions is mainly HH clusters. A 1% positive change in financial development causes an increase of 0.089% in electricity consumption, but a 1% rise in financial development reduces electricity consumption of neighboring regions by 0.051%. A 1% positive change in trade openness decreases electricity consumption by 0.051%, while the spatial spillover effect of trade openness is not significant. It is also found that financial development has a long-term promoting effect on electricity consumption, while trade openness has a long-term inhibiting effect on electricity consumption.
2. The Effects of Financial Development and Trade Openness on Electricity Consumption
3. Conclusions and Policy Implications
This entry is adapted from 10.3390/su131810206
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