The Role of Energy Production in China's Sustainable Economic Growth

Kong Jian Li; Yaou Qi

doi:10.4028/www.scientific.net/AMR.869-870.439

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Evaluations of Chinese Energy Conservation and Reduction in Emission (ECRE) Policies
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An Economical Scheduling Strategy of Battery-Equipped Data Server with Dynamic-Pricing Power Supply in Smart Grid
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Research on the System of Intelligent Optimization of Energy Based on Support Vector Machine
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Policies on the Development Unconventional Natural Gas
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Water Management and Policy Recommendations for Shale Gas Extraction in China
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Disputes between the State-Owned Enery Enterprise and Farmers - Analysis in the Perspective of Sociology of Law
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HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 869-870The Role of Energy Production in China's...

The Role of Energy Production in China's Sustainable Economic Growth

Abstract:

This article investigates how the scale and structure of energy production influence on sustainable economic development in China. First and foremost, the relationship between energy production and economic development was discussed in theory, and a time-varying parameter state space model was established. Then an empirical study based on the annual data from 1981 to 2012 was carried out by using method of Kalman filter. The results indicate that both the increasing scale of energy production and the increasing proportion of new energy have a positive and significant influence on Chinese economic growth. Finally, the thesis draws a conclusion that, expanding the scale of energy production and optimizing the structure of energy production will significantly promote China's sustainable economic growth.

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Periodical:

Advanced Materials Research (Volumes 869-870)

Pages:

439-442

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.869-870.439

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Online since:

December 2013

Authors:

Kong Jian Li*, Yaou Qi

Keywords:

Energy Production, Kalman Filter (KF), State Space Model, Sustainable Economic Growth

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* - Corresponding Author

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