An analysis for China's economic growth and energy consumption based on MS-VAR model

被引:0
|
作者
Ying, Ma [1 ,2 ]
Jun, Wang [1 ]
Yue, Wang [2 ]
机构
[1] China Univ Petr, Sch Econ & Management, Qingdao, Shandong, Peoples R China
[2] Cent Univ Finance & Econ, Sch Econ, Beijing, Peoples R China
关键词
energy consumption; economic growth; MS-VAR;
D O I
10.2495/MEEE20130631
中图分类号
T [工业技术];
学科分类号
08 ;
摘要
This paper examines the relationships between China's economic growth (GDP) and energy consumption (EC) for the period 1978-2010 using MS-VAR (Markov-switching vector autoregressive) models. The result shows that there are dynamic relationships between EC and GDP of China. When the domestic and international environment are stable and suitable for EC, EC is the Granger cause of the GDP; when the international and domestic environment are in an unstable state, GDP is the Granger cause of the EC.
引用
收藏
页码:463 / 468
页数:6
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