Analysis for Western Nations Effect of Energy R&D Investment on Price
When the energy market fluctuates fiercely the recent period, and the forth world energy crisis is approaching, energy R&D investment becomes a strategic method of the national policy to solve the energy problem. But in different times, the municipalitys R&O investment can gain what kind of effects is a disputed issue. This article tries to confirm the efficiency of western nations R&D investment of different historic times on energy price through ADF and Granger reason-result relationship testing, and through the analysis of the statistics from the IEA energy technology R&D data warehouse, this article also try to reveal the essence of western energy strategy on energy R&D investment and gain the enlightenment for Chinas energy R&D investment policy.
IEA co-integration ADF test difference ordinal residuals test MacKinnon Variable Model
Hu Bin
Department of Business Administration Lixin University of Commerce, 201620 Shanghai, P.R.China
国际会议
成都
英文
233-236
2010-12-03(万方平台首次上网日期,不代表论文的发表时间)