Research on the relationship between energy consumption and economic growth—Experience from Heilongjiang Province

Author

Zhou Dan ; Yang Xiao-yu

Author_Institution

Dept. of Econ. & Manage., Daqing Normal Univ., DaQing, China

fYear

2012

fDate

20-22 Sept. 2012

Firstpage

1773

Lastpage

1778

Abstract

This paper, based on 1978-2010 energy consumption and economic growth data, investigates the relationship between energy consumption and economic growth in Heilongjiang Province using co-integration and Granger causal test with vector error correction (VEC) model. The co-integration test reveals the long equilibrium relationship between economic growth and energy consumption in Heilongjiang and the long unidirectional causality from energy consumption to economic growth. The energy consumption promotes economic development in Heilongjiang Province. Finally, we give some suggestions on how to coordinated growth between economic growth and energy consumption in Heilongjiang Province.

Keywords

causality; energy consumption; Granger causal test; Heilongjiang province; VEC model; and economic growth data; co-integration test; energy consumption; long unidirectional causality; vector error correction model; Economic indicators; Energy consumption; Error correction; Mathematical model; Reactive power; Time series analysis; Granger causality test; VEC model; energy consumption; energy growth;

fLanguage

English

Publisher

ieee

Conference_Titel

Management Science and Engineering (ICMSE), 2012 International Conference on

Conference_Location

Dallas, TX

ISSN

2155-1847

Print_ISBN

978-1-4673-3015-2

Type

conf

DOI

10.1109/ICMSE.2012.6414412

Filename

6414412