The Analysis of Energy Consumption and Economic Growth in China

Abstract:

This paper analyses the relationship between China's economic growth and energy consumption of the period 1978-2009 by the Granger causality test. The results of the study show that: economic growth and energy consumption have cointegration relationship, energy consumption promote economic growth, but economic growth is not Granger caused the consumption of energy. In order to promote China's economic development, the reasonable energy consumption quantity must be found, It's a new topic.

• Periodical: Advanced Materials Research (Volumes 361-363)
• Pages: 1708-1712
• DOI: https://doi.org/10.4028/www.scientific.net/AMR.361-363.1708
• Online since: October 2011
• Authors: Su He, Ming Ming Chang
• Keywords: Energy Consumption (EC), GDP, Granger Test

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