The Empirical Analysis of the Driving Factors of China Coal Demand

Abstract:

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This paper tests the long-term equilibrium relations and short-term dynamic relations by applying Johansen co-integration test and VECM model among the coal demand, economic aggregate, economic structure, energy consumption efficiency, and urbanization level of china. It shows that there is a long-term equilibrium relation among above variables. Then the long-term elasticity of coal demand to other variables is given. It also shows, in the short run, the T time coal demand will affected by T-2 time economic aggregate, T-2 time urbanization level, T-1 time coal demand, and T-2 time coal demand. At last, the paper gives suggestions on how to control coal consumption in china.

Info:

Periodical:

Advanced Materials Research (Volumes 361-363)

Edited by:

Qunjie Xu, Honghua Ge and Junxi Zhang

Pages:

1290-1295

DOI:

10.4028/www.scientific.net/AMR.361-363.1290

Citation:

G. F. Wang "The Empirical Analysis of the Driving Factors of China Coal Demand", Advanced Materials Research, Vols. 361-363, pp. 1290-1295, 2012

Online since:

October 2011

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$35.00

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