The Relationship among Non-Fossil Energy Consumption, Economic Growth and Coal Prices in China
With the rapid economic growth, Chinese energy consumption sharply increased in recent years.To get sufficient energy, China has made a lot of efforts to develop non-fossil energy.This paper investigated the relationship among non-fossil energy consumption, economic growth, and coal price by cointegration and impulse respond function.The numerical results show that higher coal price will spur the development of non-fossil energy and has a positive effect on economic growth.
Non-fossil energy Economic Growth Coal price Cointegration
Chaoqing Yuan Sifeng Liu Benhai Guo
College of Economics and Management Nanjing University of Aeronautics and Astronautics,Nanjing,China
国际会议
南京
英文
343-346
2011-09-15(万方平台首次上网日期,不代表论文的发表时间)