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A panel study on the relationship between biofuels production and sustainable development

机译：关于生物燃料生产与可持续发展之间关系的小组研究

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Biomass is one of the renewable energy sources on which policy makers are greatly dependent on since it is a flexible feedstock capable of conversion into electricity, transport liquid fuels and heat by chemical and biological processes on demand. Though numerous publications have examined the relationship of economic growth with renewable energy and other parameters, biomass energy has never been included in these studies. Then, this study examines the causal relationship within a multivariate panel cointegration/error correction framework which combines the cross-section and time series data while allowing for heterogeneity across different provinces. After employing panel data regression model ranging from 2003 through 2012 to examine the relationships of biofuels production with sustainable development in China, the paper concludes that the development of biofuel energy production integrated with the consideration of the improvement of income per capita, and the attraction of more capital investment, does make a significant contribution to economic growth. However, some negative side effects including the increase of greenhouse emissions and the decrease of marginal land still coexist with the economic development. Of course, the importance of these findings lies on their implications and their adoption on strategic policies.
机译：生物质是决策者高度依赖的可再生能源之一，因为它是一种灵活的原料，能够根据需要通过化学和生物过程转化为电能，运输液体燃料和热量。尽管许多出版物已经研究了经济增长与可再生能源和其他参数之间的关系，但是生物质能从未被包括在这些研究中。然后，本研究考察了多元面板协整/误差校正框架内的因果关系，该框架结合了横截面数据和时间序列数据，同时允许不同省份之间的异质性。本文采用2003年至2012年的面板数据回归模型研究了中国生物燃料生产与可持续发展之间的关系，得出的结论是，生物燃料能源生产的发展综合考虑了人均收入的提高和发展中国家的吸引力。更多的资本投资，确实对经济增长做出了重大贡献。但是，一些负面影响，包括温室气体排放增加和边际土地减少，仍然与经济发展并存。当然，这些发现的重要性在于它们的含义以及对战略政策的采纳。

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