Title :
Analysis of the Relationship between Chinese Energy Consumption and Economic Growth Based on Co-integration and Error Correction
Author :
Mo Lianguang ; Xie Zheng
Author_Institution :
Hunan City Univ., Yiyang, China
Abstract :
By the application of co-integration and error correction model, the relationship between the oil and coal consumption and GDP of China in 1978 and 2008 has been analyzed. In the long run, coal and oil consumption has a relationship of balance with GDP, of which oil consumption is the Granger reason for GDP. In the short run, both present oil consumption and coal consumption have a positive relationship with GDP.
Keywords :
coal; economic indicators; energy consumption; error correction; Chinese energy consumption; GDP; Granger reason; co-integration; coal consumption; economic growth; error correction; oil consumption; Coal; Economic indicators; Energy consumption; Equations; Error correction; Mathematical model; Co-integration; ECM; Energy Consumption; Positive Relationship;
Conference_Titel :
Intelligent System Design and Engineering Applications (ISDEA), 2013 Third International Conference on
Conference_Location :
Hong Kong
Print_ISBN :
978-1-4673-4893-5
DOI :
10.1109/ISDEA.2012.83
