Empirical Analysis on Energy Consumption and Economic Growth in Yangtze River Delta--an estimation based on Cointegration
Copyright policy )Empirical Analysis on Energy Consumption and Economic Growth in Yangtze River Delta--an estimation based on Cointegration
AbstractBased on Cointegration Analysis and the state space model, this paper empirically analyzes the Yangtze River Delta energy consumption and economic growth based on 1990-2008 data. The results show: According to the cointegration analysis, the Yangtze River Delta economic growth and energy consumption exists long-term equilibrium .the current period of economic growth has been influenced by this period energy consumption and the amount of the previous period of economic growth, and the economic growth have the ability of 29.98% of the autorepair capacity. in all,we can conclude three enlightenment.
- Renmin University of China China (People's Republic of)
cointegaration, state space model, Energy(all), energy consumption, economic growth
cointegaration, state space model, Energy(all), energy consumption, economic growth
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