Evidence based measuring analysis of energy surety for steady growth of economy in China

Lao, Guohong, He, Yaqun, Wei, Hua, Wang, Shuzhen and Zuo, Weiran (2008) Evidence based measuring analysis of energy surety for steady growth of economy in China. Energy Technology and Management, 1 : 106-109.

Author Lao, Guohong
He, Yaqun
Wei, Hua
Wang, Shuzhen
Zuo, Weiran
Title Evidence based measuring analysis of energy surety for steady growth of economy in China
Journal name Energy Technology and Management
Publication date 2008
Sub-type Article
Volume number 1
ISSN 1672-9943
Start page 106
End page 109
Total pages 4
Place of publication Beijing, China
Publisher Tsinghua Tongfang Knowledge Network Technology Co.
Language chi
Abstract 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.
Keyword Energy consumption
Co-integration examination
Granger causality
Risk
Q-Index Code C1
Q-Index Status Provisional Code
Institutional Status Non-UQ

Document type: Journal Article
Sub-type: Article
Collections: Julius Kruttschnitt Mineral Research Centre Publications
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Created: Mon, 17 Oct 2011, 15:52:50 EST by Karen Holtham on behalf of Julius Kruttschnitt Mineral Research Centre