Title :
The relationship among non-fossil energy consumption, economic growth and coal prices in China
Author :
Yuan, Chaoqing ; Liu, Sifeng ; Guo, Benhai
Author_Institution :
Coll. of Econ. & Manage., Nanjing Univ. of Aeronaut. & Astronaut., Nanjing, China
Abstract :
With the rapid economic growth, Chinese energy consumption sharply increased in recent years. To get sufficient energy, China has made a lot of efforts to develop non-fossil energy. This paper investigated the relationship among non-fossil energy consumption, economic growth, and coal price by cointegration and impulse respond function. The numerical results show that higher coal price will spur the development of non-fossil energy and has a positive effect on economic growth.
Keywords :
coal; energy consumption; pricing; Chinese energy consumption; coal prices; cointegration; economic growth; impulse respond function; nonfossil energy consumption; sufficient energy; Eigenvalues and eigenfunctions; Numerical models; Coal price; Cointegration; Economic Growth; Non-fossil energy;
Conference_Titel :
Grey Systems and Intelligent Services (GSIS), 2011 IEEE International Conference on
Conference_Location :
Nanjing
Print_ISBN :
978-1-61284-490-9
DOI :
10.1109/GSIS.2011.6044146
