Title :
Analysis on the Influence of Income, Capital and Labor on Energy Consumption in China
Author :
Chen, Chun-hua ; Shao, Xing-jun
Author_Institution :
Coll. of Econ. & Manage., Nanjing Univ. of Aeronauticsand Astronaut., Nanjing, China
Abstract :
The economic income effect, capital and labor substitution effect for energy consumption are analyzed in the paper by using panel data including 29 provinces in China from 1985 to 2007. Empirical analysis indicates that: (1) fixed effect model is relatively appropriate among mixed regression model, fixed effect model and random effect model. (2) influence of economic income on energy consumption is positive but the influence of capital and labor are negative. (3)reducing energy consumption by alternative of capital and labor are the main ways to maintain sustainable economic growth.
Keywords :
energy consumption; environmental economics; random processes; regression analysis; sustainable development; Chinese energy consumption; economic income effect; fixed effect model; labor substitution effect; mixed regression model; random effect model; sustainable economic growth; Analytical models; Biological system modeling; Data models; Economics; Energy consumption; Rivers; Sea measurements;
Conference_Titel :
Power and Energy Engineering Conference (APPEEC), 2011 Asia-Pacific
Conference_Location :
Wuhan
Print_ISBN :
978-1-4244-6253-7
DOI :
10.1109/APPEEC.2011.5748807
