Empirical Study of China's Oil Consumption and Economic Growth

被引:0
|
作者
Wu, Zenghong [1 ]
机构
[1] Beijing Jiaotong Univ, China Ctr Ind Secur Res, Beijing, Peoples R China
关键词
Oil consumption; economic growth; vector error correction model; Granger causality test; ENERGY;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
The results show that exists between China's oil consumption, capital stock, labour input and economic growth and stable long-run equilibrium relationship, and China's oil consumption has been on the promotion of economic growth has a significant impact effects. The authors suggest that the use of oil by improving efficiency, improve the oil market system, to ease restrictions on the supply of oil pressure brought economic growth, and promote the sustainable development of China's economy.
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页码:353 / 357
页数:5
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