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Evidence based measuring analysis of energy surety for steady growth of economy in China
Co-integration analysis and Granger causality test were applied in this paper,using the panel statistical data of annual macro-economy in year 1978~2006,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.
- University of Queensland Australia
- University of Queensland Australia
Energy consumption, Risk, Co-integration examination, Granger causality
Energy consumption, Risk, Co-integration examination, Granger causality
citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).0 popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.Average influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).Average impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.Average
