中国科学院机构知识库网格
Chinese Academy of Sciences Institutional Repositories Grid
首页 机构 成果 学者
  
  1. CAS IR Grid
  2. 数学与系统科学研究院
  3. 中国科学院数学与系统科学研究院
  4. 系统科学研究所
The Relationship between Energy Consumption and Economic Growth: Evidence from China's Industrial Sectors

文献类型：期刊论文

作者Hu, Yi1; Guo, Dongmei2; Wang, Mingxi3; Zhang, Xi4; Wang, Shouyang1,5
刊名ENERGIES
出版日期2015-09-01
卷号8期号:9页码:9392-9406
关键词energy consumption economic growth industrial sectors panel causality cross-sectional dependence
ISSN号1996-1073
DOI10.3390/en8099392
英文摘要In this article, the relationship between energy consumption and economic growth is examined from the viewpoint of China's industrial sectors. Panel data from 37 industrial sectors in China covering the period from 1998 to 2010 was used in this study. Not only first generation panel unit root tests and panel cointegration tests, but also second generation tests that account for dependence between cross-sectional units were employed. The empirical results reveal that both energy consumption and economic growth are integrated as order one, and they are cointegrated. Panel fully modified ordinary least squares estimators show that a 1% increase in energy consumption increases the real value added of industrial sectors by 0.871%, and a 1% increase in real value added of industrial sectors increases energy consumption by 1.103%. The panel vector error correction models for causality tests are estimated by a system generalized moment method. We find a unidirectional causal relation running from economic growth to energy consumption in the shortrun. In the long run, however, there is evidence of a unidirectional causality running from energy consumption to economic growth.
资助项目National Natural Science Foundation of China[71301160] ; National Natural Science Foundation of China[71301173] ; National Natural Science Foundation of China[71471039] ; Beijing Planning Office of Philosophy and Social Science[13JGB018] ; Program for Innovation Research in Central University of Finance and Economics
WOS研究方向Energy & Fuels
语种英语
WOS记录号WOS:000362553000020
出版者MDPI AG
源URL[http://ir.amss.ac.cn/handle/2S8OKBNM/20951]  
专题系统科学研究所
通讯作者Zhang, Xi
作者单位1.Univ Chinese Acad Sci, Sch Econ & Management, Beijing 100190, Peoples R China
2.Cent Univ Finance & Econ, Sch Econ, Beijing 100081, Peoples R China
3.Univ Int Business & Econ, Sch Int Trade & Econ, Beijing 100029, Peoples R China
4.Hunan First Normal Univ, Sch Business, Changsha 410205, Hunan, Peoples R China
5.Chinese Acad Sci, Acad Math & Syst Sci, Beijing 100190, Peoples R China
推荐引用方式
GB/T 7714		 Hu, Yi,Guo, Dongmei,Wang, Mingxi,et al. The Relationship between Energy Consumption and Economic Growth: Evidence from China's Industrial Sectors[J]. ENERGIES,2015,8(9):9392-9406.
APA Hu, Yi,Guo, Dongmei,Wang, Mingxi,Zhang, Xi,&Wang, Shouyang.(2015).The Relationship between Energy Consumption and Economic Growth: Evidence from China's Industrial Sectors.ENERGIES,8(9),9392-9406.
MLA Hu, Yi,et al."The Relationship between Energy Consumption and Economic Growth: Evidence from China's Industrial Sectors".ENERGIES 8.9(2015):9392-9406.

入库方式： OAI收割

来源：数学与系统科学研究院

浏览0
下载0
收藏0
其他版本

除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。