Causality Relationship between Energy Consumption and Economic Growth: based on Panel Data of Provinces in China

摘要：

Many economists focuse on the causality relationship between energy consumption and economic growth in China. In this paper we reinvestigate this debate with the panel data of provinces in China, where the technology of panel unit root test, panel cointegration test and panel-based error correction models are employed. The empirical results show that the energy consumption and the economic growth have a long run cointegration relationship. The evidence shows that long-run causality run from GDP to energy consumption, but not vice versa. The energy cousumption can affect economic growth in short run but not very evidcnt. This resuh indicates that energy conservation does not harm to economic growth and we should make different policies of energy conservation in different provinces.

关键词： Energy consumption GDP Panel cointcgration Causality Error Correction Models

作者: ZHU Qu Ji ZHAO Ding Tao

作者单位: Management School,University of Science and Technology of China,P.R.China,230026

会议类型: 国际会议

会议名称: 2008 International Conference of Management Science and Engineering(2008管理科学与工程国际学术会议)

会议地点: 河南焦作

会议语种:英文

页码: 825-831

在线出版日期: 2008-11-01（万方平台首次上网日期，不代表论文的发表时间）