LMDI decomposition analysis of total electricity consumption growth in Hunan province
In the past decade, as an important driving force of economic growth, the China’s electricity consumption growth rate has been decoupled from GDP growth rate. The economic reasons behind this abnormal phenomenon are worthy of further study. Based on the LMDI method, this paper built a model to decom...
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Format: | Article |
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EDP Sciences
2021-01-01
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Series: | E3S Web of Conferences |
Online Access: | https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/36/e3sconf_aepee2021_02008.pdf |
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author | Hu Bizheng Liao Jing Tu Xingwen Zhou Xiao |
author_facet | Hu Bizheng Liao Jing Tu Xingwen Zhou Xiao |
author_sort | Hu Bizheng |
collection | DOAJ |
description | In the past decade, as an important driving force of economic growth, the China’s electricity consumption growth rate has been decoupled from GDP growth rate. The economic reasons behind this abnormal phenomenon are worthy of further study. Based on the LMDI method, this paper built a model to decompose the total electricity consumption in Hunan province from 2010 to 2017 from the industrial and residential perspective. The results showed that: integrally, scale effect was the main driving factor of electricity consumption growth, intensity effect was the main inhibiting factor, and structure effect had no obvious influence; there are significant differences between the results of industrial and residential sectors, for the industry, the productive consumption intensity effect was the most significant factor that inhibited the growth of electricity consumption, while all the effects of residential sector were shown as promotion, and the increase of electricity consumption in the residential sector played a key role in the growth rate of electricity consumption in Hunan province. |
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id | doaj.art-e0896550c2dc422dac839a05d188fe5d |
institution | Directory Open Access Journal |
issn | 2267-1242 |
language | English |
last_indexed | 2024-12-16T14:02:08Z |
publishDate | 2021-01-01 |
publisher | EDP Sciences |
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series | E3S Web of Conferences |
spelling | doaj.art-e0896550c2dc422dac839a05d188fe5d2022-12-21T22:29:04ZengEDP SciencesE3S Web of Conferences2267-12422021-01-012600200810.1051/e3sconf/202126002008e3sconf_aepee2021_02008LMDI decomposition analysis of total electricity consumption growth in Hunan provinceHu BizhengLiao JingTu Xingwen0Zhou Xiao1Hunan University, School of Economics and TradeHunan University, School of Economics and TradeIn the past decade, as an important driving force of economic growth, the China’s electricity consumption growth rate has been decoupled from GDP growth rate. The economic reasons behind this abnormal phenomenon are worthy of further study. Based on the LMDI method, this paper built a model to decompose the total electricity consumption in Hunan province from 2010 to 2017 from the industrial and residential perspective. The results showed that: integrally, scale effect was the main driving factor of electricity consumption growth, intensity effect was the main inhibiting factor, and structure effect had no obvious influence; there are significant differences between the results of industrial and residential sectors, for the industry, the productive consumption intensity effect was the most significant factor that inhibited the growth of electricity consumption, while all the effects of residential sector were shown as promotion, and the increase of electricity consumption in the residential sector played a key role in the growth rate of electricity consumption in Hunan province.https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/36/e3sconf_aepee2021_02008.pdf |
spellingShingle | Hu Bizheng Liao Jing Tu Xingwen Zhou Xiao LMDI decomposition analysis of total electricity consumption growth in Hunan province E3S Web of Conferences |
title | LMDI decomposition analysis of total electricity consumption growth in Hunan province |
title_full | LMDI decomposition analysis of total electricity consumption growth in Hunan province |
title_fullStr | LMDI decomposition analysis of total electricity consumption growth in Hunan province |
title_full_unstemmed | LMDI decomposition analysis of total electricity consumption growth in Hunan province |
title_short | LMDI decomposition analysis of total electricity consumption growth in Hunan province |
title_sort | lmdi decomposition analysis of total electricity consumption growth in hunan province |
url | https://www.e3s-conferences.org/articles/e3sconf/pdf/2021/36/e3sconf_aepee2021_02008.pdf |
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