The Empirical Research of the Relationship between Economic Growth and Energy Consumption in Hebei Province

Xiao Gang Li; Han Meng Zhang

doi:10.4028/www.scientific.net/AMR.962-965.2191

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HomeAdvanced Materials ResearchAdvanced Materials Research Vols. 962-965The Empirical Research of the Relationship between...

The Empirical Research of the Relationship between Economic Growth and Energy Consumption in Hebei Province

Abstract:

According to the statistics from 1980 to 2010 in Hebei province's GDP growth, as well as the total energy consumption EC statistics., the author conducted an empirical study on the relationship between economic growth and energy consumption in Hebei, using co-integration analysis, Granger causality test and error correction model. Studies have shown that it exists cointegration between economic growth and energy consumption in Hebei Province, and there was unidirectional causality from energy consumption to economic growth. that is, economic growth in Hebei Province is energy-dependent. Based on the research results, this paper gives some suggestions for economic development in Hebei Province.

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Periodical:

Advanced Materials Research (Volumes 962-965)

Pages:

2191-2194

DOI:

https://doi.org/10.4028/www.scientific.net/AMR.962-965.2191

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Online since:

June 2014

Authors:

Xiao Gang Li*, Han Meng Zhang

Keywords:

Cointegration, Economic Growth, Energy Consumption (EC), Granger Causality Test

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* - Corresponding Author

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