Study on energy consumption ingredients and economic growth in Henan based on co-integration and granger test

Taking Henan as an example, using co-integration analysis and Granger causality test, on the basis of the data of 1980-2008, this paper discusses the relationship between the main energy consumption ingredients and the economic growth in Henan province. The result shows that there is a stable positi...

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Bibliographic Details
Main Author: Mao Yanqin
Format: Conference Proceeding
Language:English
Subjects:
cointegration test
consumption
Economic indicators
Electricity
energy
Energy consumption
Equations
GDP
Granger causality
ingredients
Mathematical model
Petroleum
test
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Summary:Taking Henan as an example, using co-integration analysis and Granger causality test, on the basis of the data of 1980-2008, this paper discusses the relationship between the main energy consumption ingredients and the economic growth in Henan province. The result shows that there is a stable positive equilibrium relationship between the petroleum and gas consumption and the economic growth in the long term, and in one direction from the economic growth to energy consumption; but no any Granger causality between the economic growth and the coal and electrical power consumption.
DOI:10.1109/MSIE.2011.5707723