2011•Water Resources and PowerRequires access

Relationship between Energy Consumption and Economic Growth in Henan Province

Hengyun Ma

Open publisher page 0 citations

Abstract

Taking Henan Province for an example,a relationship model between energy consumption and economic growth is established in terms of C-D production function including capital,labor and energy.Then the effect of energy consumption on GDP is analyzed by using cointegration and Granger causality test.The results indicate that there exists long-term equilibrium relationship between energy consumption and economic growth and there is only unidirectional Granger causality relations running from energy consumption to economic growth;however,the improvement of labor level is the most influential one among those factors affecting economic growth.

About this research paper

What this paper is about

Taking Henan Province for an example,a relationship model between energy consumption and economic growth is established in terms of C-D production function including capital,labor and energy.Then the effect of energy consumption on GDP is analyzed by using cointegration and Granger causality test.The results indicate that there exists long-term equilibrium relationship between energy consumption and economic growth and there is only unidirectional Granger causality relations running from energy consumption to economic growth;however,the improvement of labor level is the most influential one among those factors affecting economic growth.

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

Taking Henan Province for an example,a relationship model between energy consumption and economic growth is established in terms of C-D production function including capital,labor and energy.Then the effect of energy consumption on GDP is analyzed by using cointegration and Granger causality test.The results indicate that there exists long-term equilibrium relationship between energy consumption and economic growth and there is only unidirectional Granger causality relations running from energy consumption to economic growth;however,the improvement of labor level is the most influential one among those factors affecting economic growth.

Key concepts: Granger causality, Cointegration, Economics, Energy consumption, Consumption (sociology), Production (economics), Energy (signal processing), Causality (physics)

Related papers

Back to paper searchBrowse research topicsOriginal source
Relationship between Energy Consumption and Economic Growth in Henan Province — Research Paper | ScholarLens