2009•Journal of Luoyang Institute of Science and TechnologyRequires access

The Empirical Analysis on Relationship between Economic Growth and Energy Consumption in China

Zhao Wang

Abstract

The quantitative relationship of economic growth and energy consumption is now given the increasing attention to in China.Based on some related research and studies,the paper,by means of co-integrated theory of time series analysis,sets up an estimated econometric model on economic growth and energy consumption in China.The result shows that the economic growth and energy consumption has a long-term stable relationship in the bi-directional causality.

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Key concepts: China, Economics, Energy consumption, Consumption (sociology), Causality (physics), Econometrics, Empirical research, Growth theory