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Indexed by:会议论文
Date of Publication:2013-01-01
Included Journals:CPCI-SSH
Page Number:481-487
Key Words:Energy consumption; GDP growth; Granger causality test
Abstract:This paper estimates the relationship between Chinese total energy consumption and economic growth through ADF test, cointegration analysis and Granger causality test on Cobb-Douglas production function with the variable total energy consumption by using 1990-2011 time-series data and finds the long-term equilibrium relationship and Granger causality between Chinese total energy consumption and economic growth. We find that no matter. in short-term or long-term, GDP and fixed capital present two-side Granger causality, as well as GDP and energy consumption.