The Relationship Between Energy Consumption and Economic Growth Based on Vector Error Correction Model

The Relationship Between Energy Consumption and Economic Growth Based on Vector Error Correction Model

In this paper, the author studies the relationship between economic growth and energy consumption. Based on the vector error correction model (VECM), the author conducts an in-depth study on the connections between economic growth and energy consumption and analyzes the characteristics and connotati...

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Main Authors: Ruijiang Nan, Haitao Xu
Format: Article
Language:English
Published: AIDIC Servizi S.r.l. 2018-09-01
Series:Chemical Engineering Transactions
Online Access:https://www.cetjournal.it/index.php/cet/article/view/9023
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spelling doaj-173c3e4542124f44bfd211d1468b94c92021-02-16T21:23:27ZengAIDIC Servizi S.r.l.Chemical Engineering Transactions2283-92162018-09-016710.3303/CET1867137The Relationship Between Energy Consumption and Economic Growth Based on Vector Error Correction ModelRuijiang NanHaitao XuIn this paper, the author studies the relationship between economic growth and energy consumption. Based on the vector error correction model (VECM), the author conducts an in-depth study on the connections between economic growth and energy consumption and analyzes the characteristics and connotations, which provides an important reference for reducing energy consumption and improving economic efficiency. Understanding the rules between energy consumption and economic growth is of great significance to the development and utilization of energy and the increase in economic growth. The results of study on the relationship between energy consumption and economic growth based on VECM provide an important reference basis for the promotion of sustainable economic and social development. Therefore, it has a certain value of promotion and application.https://www.cetjournal.it/index.php/cet/article/view/9023
collection DOAJ
language English
format Article
sources DOAJ
author Ruijiang Nan
Haitao Xu
spellingShingle Ruijiang Nan
Haitao Xu
The Relationship Between Energy Consumption and Economic Growth Based on Vector Error Correction Model
Chemical Engineering Transactions
author_facet Ruijiang Nan
Haitao Xu
author_sort Ruijiang Nan
title The Relationship Between Energy Consumption and Economic Growth Based on Vector Error Correction Model
title_short The Relationship Between Energy Consumption and Economic Growth Based on Vector Error Correction Model
title_full The Relationship Between Energy Consumption and Economic Growth Based on Vector Error Correction Model
title_fullStr The Relationship Between Energy Consumption and Economic Growth Based on Vector Error Correction Model
title_full_unstemmed The Relationship Between Energy Consumption and Economic Growth Based on Vector Error Correction Model
title_sort relationship between energy consumption and economic growth based on vector error correction model
publisher AIDIC Servizi S.r.l.
series Chemical Engineering Transactions
issn 2283-9216
publishDate 2018-09-01
description In this paper, the author studies the relationship between economic growth and energy consumption. Based on the vector error correction model (VECM), the author conducts an in-depth study on the connections between economic growth and energy consumption and analyzes the characteristics and connotations, which provides an important reference for reducing energy consumption and improving economic efficiency. Understanding the rules between energy consumption and economic growth is of great significance to the development and utilization of energy and the increase in economic growth. The results of study on the relationship between energy consumption and economic growth based on VECM provide an important reference basis for the promotion of sustainable economic and social development. Therefore, it has a certain value of promotion and application.
url https://www.cetjournal.it/index.php/cet/article/view/9023
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AT haitaoxu therelationshipbetweenenergyconsumptionandeconomicgrowthbasedonvectorerrorcorrectionmodel
AT ruijiangnan relationshipbetweenenergyconsumptionandeconomicgrowthbasedonvectorerrorcorrectionmodel
AT haitaoxu relationshipbetweenenergyconsumptionandeconomicgrowthbasedonvectorerrorcorrectionmodel
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