Effects of International Crude Oil Prices on Energy Consumption in China
This study aims to test the effects of changes in international crude oil prices on changes in crude oil and hydropower use from 1965 to 2016. We suggest a cointegration relationship between the consumption of coal, crude oil, and hydropower and the real crude oil price. The real price is weakly exo...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2020-07-01
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Series: | Energies |
Subjects: | |
Online Access: | https://www.mdpi.com/1996-1073/13/15/3891 |