Energy Consumption and Economic Growth Analysis
Yumei Wang
Abstract
Yumei Wang
Abstract
Based on the Shandong Province,since 1989,energy consumption and economic growth data,based on econometric theory,applied cointegration test and Granger causality test,using Eviews software to analyze data,the energy consumption in Shandong is drawn and suggests that energy consumption in Shangdong should pay attention to developing clear energy,improving the efficiency of use and strengthening the management of saving energy.Relationship between economic growth and were drawn and thus energy consumption in Shandong province were made pertinent comments and suggestions.
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Based on the Shandong Province,since 1989,energy consumption and economic growth data,based on econometric theory,applied cointegration test and Granger causality test,using Eviews software to analyze data,the energy consumption in Shandong is drawn and suggests that energy consumption in Shangdong should pay attention to developing clear energy,improving the efficiency of use and strengthening the management of saving energy.Relationship between economic growth and were drawn and thus energy consumption in Shandong province were made pertinent comments and suggestions.
Key concepts: Cointegration, Energy consumption, Granger causality, Economics, Consumption (sociology), Econometrics, Energy (signal processing), Macroeconomics