Long-term Relationship between Electricity Consumption and Economic Growth
Electricity is an indispensable material basis for economic development. It is necessary to study the relationship between different electricity consumption and economic growth. Based on the quarterly data of China’s electricity consumption and economic development from 2011 to 2018, the long-term e...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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EDP Sciences
2020-01-01
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| Series: | E3S Web of Conferences |
| Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2020/25/e3sconf_caes2020_06014.pdf |
| _version_ | 1818333220930846720 |
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| author | Liyu Xia Wan He |
| author_facet | Liyu Xia Wan He |
| author_sort | Liyu Xia |
| collection | DOAJ |
| description | Electricity is an indispensable material basis for economic development. It is necessary to study the relationship between different electricity consumption and economic growth. Based on the quarterly data of China’s electricity consumption and economic development from 2011 to 2018, the long-term equilibrium relationship between variables are analyzed from a causal perspective, and electricity consumption indicators for reflecting economic development are identified. The results show that there is a long-term equilibrium relationship between secondary industry electricity consumption, industrial electricity consumption and GDP. The demand for electricity consumption still needs to be met urgently. |
| first_indexed | 2024-12-13T13:48:11Z |
| format | Article |
| id | doaj.art-12a0200bf7e34019992eb1311148fae3 |
| institution | Directory Open Access Journal |
| issn | 2267-1242 |
| language | English |
| last_indexed | 2024-12-13T13:48:11Z |
| publishDate | 2020-01-01 |
| publisher | EDP Sciences |
| record_format | Article |
| series | E3S Web of Conferences |
| spelling | doaj.art-12a0200bf7e34019992eb1311148fae32022-12-21T23:43:19ZengEDP SciencesE3S Web of Conferences2267-12422020-01-011650601410.1051/e3sconf/202016506014e3sconf_caes2020_06014Long-term Relationship between Electricity Consumption and Economic GrowthLiyu Xia0Wan He1State Grid Energy Research InstituteState Grid Energy Research InstituteElectricity is an indispensable material basis for economic development. It is necessary to study the relationship between different electricity consumption and economic growth. Based on the quarterly data of China’s electricity consumption and economic development from 2011 to 2018, the long-term equilibrium relationship between variables are analyzed from a causal perspective, and electricity consumption indicators for reflecting economic development are identified. The results show that there is a long-term equilibrium relationship between secondary industry electricity consumption, industrial electricity consumption and GDP. The demand for electricity consumption still needs to be met urgently.https://www.e3s-conferences.org/articles/e3sconf/pdf/2020/25/e3sconf_caes2020_06014.pdf |
| spellingShingle | Liyu Xia Wan He Long-term Relationship between Electricity Consumption and Economic Growth E3S Web of Conferences |
| title | Long-term Relationship between Electricity Consumption and Economic Growth |
| title_full | Long-term Relationship between Electricity Consumption and Economic Growth |
| title_fullStr | Long-term Relationship between Electricity Consumption and Economic Growth |
| title_full_unstemmed | Long-term Relationship between Electricity Consumption and Economic Growth |
| title_short | Long-term Relationship between Electricity Consumption and Economic Growth |
| title_sort | long term relationship between electricity consumption and economic growth |
| url | https://www.e3s-conferences.org/articles/e3sconf/pdf/2020/25/e3sconf_caes2020_06014.pdf |
| work_keys_str_mv | AT liyuxia longtermrelationshipbetweenelectricityconsumptionandeconomicgrowth AT wanhe longtermrelationshipbetweenelectricityconsumptionandeconomicgrowth |