The Empirical Research on the Relationship of China’s GDP and Oil-Import

Yao Ji Ju; Jian Ming Li

doi:10.4028/www.scientific.net/AMR.485.469

Paper Titles

Effect of Interface States on the Open-Circuit Volatage in a-Si:H/c-Si Heterojunction Solar Cells
p.454

Li⁺ Extraction/Insertion Reaction with MgMn_0.25Ti_0.75O₃ Spinel in the Aqueous Phase
p.457

Effect of the Impurity Concentration of a-Si:H on the Properties of a-Si:H/c-S Heterojunction Solar Cells
p.461

Temperature Dependence of LiMn₂O₄ Prepared by a Solution Combustion Synthesis in the System of Acetate Salts and Acetic Acid
p.465

The Empirical Research on the Relationship of China’s GDP and Oil-Import
p.469

LiAl_0.1Mn_1.9O₄ Prepared by a Solution Combustion Synthesis Using Acetate as Raw Materials and Acetic Acid as Fuel: Effect of Further Calcination Time
p.473

The Application of Nano-Materials and Technologies in Sports Physical Sciences
p.478

The Influence of Dispersant on the Forming Process of Alumina Ceramic
p.482

Study on the Contrast of Different Carriers on Degradation of Pollutants
p.486

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The Empirical Research on the Relationship of China’s GDP and Oil-Import

Abstract:

In the current situation, Chinese economy is developing rapidly, and needs import huge quality of oil from different countries. About the relationship between Chinese GDP and quality of import, the thesis uses VAR model to analysis it. The econometric analysis result shows that GDP does Granger cause oil, and imported oil does Granger GDP. And it means that China’s economy development cause the increasing of oil-import and more oil helps the economy develop rapidly. In the end, we have some suggestions to safeguard country’s oil supply safety.