A State-space Approach to Estimate Energy Demand Model in China
Tong Guangrong, Yanjun Yang
Abstract
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Tong Guangrong, Yanjun Yang
Abstract
Open-access reader
This paper examines the application of state-space model (SSM) to the modeling of energy demand in China. The data used in the paper includes China's aggregate energy consumption, economic growth rate, energy price, energy structure, industrial structure and aggregate population, which covers the period from 1991 to 2009. The result shows that: for energy demand, in different periods, the effects of various factors are changing.
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This paper examines the application of state-space model (SSM) to the modeling of energy demand in China. The data used in the paper includes China's aggregate energy consumption, economic growth rate, energy price, energy structure, industrial structure and aggregate population, which covers the period from 1991 to 2009. The result shows that: for energy demand, in different periods, the effects of various factors are changing.
Key concepts: China, Energy consumption, Energy demand, Energy (signal processing), State-space representation, Economics, Space (punctuation), Consumption (sociology)