Empirical study of the economic growth and energy consumption risk in China

被引：0
|
作者：
Wang Shuzhen [1 ]
Lao Guohong [1 ]
Wen Baofeng [2 ]
机构：
[1] China Lixin Risk Management Res Inst, Shanghai 201620, Peoples R China
[2] China Univ Min & Technol, Xuzhou 221008, Jiangsu, Peoples R China
来源：
ADVANCES IN MANAGEMENT OF TECHNOLOGY, PROCEEDINGS | 2007年
关键词：
energy consumption; co-integration examination; Granger causality; error correcting model;
D O I：
暂无
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
Using co-integration analysis, Granger causality test, and error correcting model, the dependent relation between the amount of China energy consumption and gross domestic product was checked. In the further step, an analysis was made to prove the correlation between different industry economic growth and energy consumption in China. An evidence-based study showed that co-integration relation exists between the gross of China energy consumption and the GDP, and the two variables possess bi-directional causality. The energy consumption for the secondary industry has a markedly stimulative effect. This paper also explained the short-term behavior of energy demands by error correcting model (ECM).
引用
收藏
页码：611 / +
页数：3
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