ORIGINAL RESEARCH
Energy Consumption and Growth of China’s
Logistics Industry: an Empirical Analysis Based
on “Growth Drag”
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Business School, Huzhou University, Huzhou, 313000, China
Submission date: 2020-08-18
Final revision date: 2020-12-26
Acceptance date: 2021-01-25
Online publication date: 2021-06-11
Publication date: 2021-07-29
Corresponding author
Shuimu Ju
Business School, Huzhou University, China
Pol. J. Environ. Stud. 2021;30(5):4009-4020
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ABSTRACT
Logistics is China’s core industry. However, excessive energy dependence restricts its growth rate
and leads to environmental pollution problems. It can help to deal with the above problems by studying
the relationship between the growth of the logistics industry and energy consumption. This study firstly
constructed a model for calculating the growth drag of energy consumption, and then the empirical
analysis was conducted by collecting data. The main results show that the marginal contribution
rate of various energy sources (i.e. coal, crude oil, natural gas and clean electricity) to the growth
of the logistics industry was -0.052581, -0.011915, 0.257324, and 0.011479, respectively. The growth
drag of various energy sources was 0.005252, 0.001184, 0.21806, and 0.001880, respectively. The above
results revealed that the consumption of coal and crude oil not only slow down the growth rate of the
logistics industry, but also had a negative impact on the industry. Compared with theabove conclusion,
while natural gas and clean electricity restricted the growth rate, they had positive impact on the
industry. Finally, relevant policy implications were proposed according to the above conclusions.