A Machine Learning Analysis of the Relationship among Iron and Steel Industries, Air Pollution, and Economic Growth in China
| Main Authors: | Marco Mele, COSIMO MAGAZZINO |
|---|---|
| Format: | Article Journal |
| Bahasa: | eng |
| Terbitan: |
, 2021
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| Subjects: | |
| Online Access: |
https://www.sciencedirect.com/science/article/abs/pii/S0959652620333382 |
Daftar Isi:
- The aim of this paper is to analyze the relationship among iron and steel industries, air pollution and economic growth in China. Using monthly time series from 2000 to 2017, we adopt a Long Short Term Memory (LSTM) approach. The empirical results show that the relationship between economic growth and steel production is very strong in the first stage. Furthermore, in our model, we can see that the reduction of polluting emissions is linked to the principle of sustainable development. In particular, this phenomenon lies in the economic growth model responsible for the future generation.