The dynamic relationship of energy price, energy efficiency, and economic growth in China

被引：0
|
作者：
Chen, Wenjing [1 ]
He, Gang [2 ]
机构：
[1] Jinan Univ, Coll Econ, Guangzhou, Guangdong, Peoples R China
[2] Guangdong Univ Business Studies, Fac Econ, Guangzhou, Peoples R China
来源：
MANUFACTURE ENGINEERING AND ENVIRONMENT ENGINEERING, VOLS 1 AND 2 | 2014年 / 84卷
关键词：
energy efficiency; energy prices; economic growth; dynamic relationship;
D O I：
10.2495/MEEE20132152
中图分类号：
T [工业技术];
学科分类号：
08 ;
摘要：
In this paper, the dynamic relationship of the energy prices, energy efficiency and economic growth are investigated. The estimated results of the VAR model reveal the sustainable characteristics of China's economic growth. It can be seen from the Granger causality test that the economic growth rate is the granger cause of the energy efficiency and energy prices, respectively. However, reverse causality does not hold. Variance decomposition technique shows that the variance contribution rates of energy efficiency and energy prices on output growth rate are low. From the cointegration equation, the impact of energy efficiency and energy prices on economic growth are positive.
引用
收藏
页码：1541 / 1546
页数：6
相关论文
共 50 条
  • [1] The dynamic relationship between energy consumption and economic growth in China
    Rathnayaka, R. M. Kapila Tharanga
    Seneviratna, D. M. K. N.
    Long, Wei
    ENERGY SOURCES PART B-ECONOMICS PLANNING AND POLICY, 2018, 13 (05) : 264 - 268
  • [2] Energy price, regulatory price distortion and economic growth: A case study of China
    Shi, Xunpeng
    Sun, Sizhong
    ENERGY ECONOMICS, 2017, 63 : 261 - 271
  • [3] Study on Relationship of Energy Consumption and Economic Growth in China
    Li Zhang-wei
    Zheng Xun-gang
    INTERNATIONAL CONFERENCE ON APPLIED PHYSICS AND INDUSTRIAL ENGINEERING 2012, PT A, 2012, 24 : 313 - 319
  • [4] Inclusive Economic Growth: Relationship between Energy and Governance Efficiency
    Kwilinski, Aleksy
    Lyulyov, Oleksii
    Pimonenko, Tetyana
    ENERGIES, 2023, 16 (06)
  • [5] Dynamic relationship between energy efficiency, health expenditure and economic growth: in pursuit for SDGs in Malaysia
    Matahir, Hylmee
    Yassin, Jain
    Marcus, Herniza Roxanne
    Shafie, Nur Aima
    Mohammed, Nor Farizal
    INTERNATIONAL JOURNAL OF ETHICS AND SYSTEMS, 2023, 39 (03) : 594 - 611
  • [6] Energy efficiency and economic growth
    Bashmakov, Igor A.
    VOPROSY EKONOMIKI, 2019, (10): : 32 - 63
  • [7] Energy efficiency and economic growth
    Howarth, RB
    CONTEMPORARY ECONOMIC POLICY, 1997, 15 (04) : 1 - 9
  • [8] Energy efficiency and economic growth of China:1953-2006
    Zhang Jian Institute of Economics
    EcologicalEconomy, 2009, 5 (02) : 122 - 131
  • [9] Causality Relationship between Economic Growth And Energy Consumption in China
    Ma, Hongwei
    Ma, Kaiping
    PROCEEDINGS OF THE SECOND INTERNATIONAL CONFERENCE ON MODELLING AND SIMULATION (ICMS2009), VOL 2, 2009, : 503 - 508
  • [10] Analyze the relationship between energy consumption and economic growth in China
    Wang Cong
    Wang Aidong
    Wang Chongqi
    2010 INTERNATIONAL CONFERENCE ON ENERGY, ENVIRONMENT AND DEVELOPMENT (ICEED2010), 2011, 5 : 974 - 979
12345