Cointegration Analysis of Traditional Energy Consumption and Economic Development —Take Shandong Province as an Example

2018 ◽  
Vol 06 (02) ◽  
pp. 11-19
Author(s):  
浩达 王
Keyword(s):  
Economic Development ◽  
Energy Consumption ◽  
Shandong Province ◽  
Cointegration Analysis

Correlation Analysis on the Energy Consumption Structure and Economic Growth: Taking Shandong Province as an Example

2013 ◽  
Vol 869-870 ◽  
pp. 914-918
Author(s):  
Chang Lu Zhang ◽  
Zhang Lu Tan
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Energy Consumption ◽  
Shandong Province ◽  
Green Economy ◽  
Low Carbon ◽  
Important Indicator ◽  
Consumption Structure ◽  
Economic Entity ◽  
New Energy

With peoples growing awareness of green economy, low-carbon economic development has been increasingly demanded. The relationship of energy consumption structure and economic growth can be an important indicator for an economic entitys ecological economy process. With the implementation of the Shandong peninsula blue economic zone in 2011, Shandong Province has been developing rapidly in recent years. Taking Shandong economic entity as the research object, the paper analyses the correlation between the economic development and different kinds of energy consumption, including coal, oil, electricity and new energy, with the grey correlation model using the data from 2000 to 2009 that representing the economic development and energy consumption. The result of the study shows that new energy consumption has the great correlation with economic development indicating that Shandong emphasizes on the development and utilization of new energy to reduce the excessive consumption of non-renewable energy in its economic growth.

Study on Dynamic Relationship between Economic Growth and Energy Consumption in Chongqing - Based on 1980-2011 Data

2013 ◽  
Vol 448-453 ◽  
pp. 4319-4324
Author(s):  
Sheng Wang ◽  
Chun Yan Dai ◽  
En Chuang Wang ◽  
Chun Yan Li
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Energy Consumption ◽  
Energy Demand ◽  
Industrial Structure ◽  
Impulse Response Function ◽  
Improve Energy Efficiency ◽  
Dynamic Relationship ◽  
Equilibrium Relationship

Analyzed the dynamic interaction characteristics of Chongqing Economic growth and energy consumption between 1980-2011 based on vector auto regression model, impulse response function. The results showed that: 1 Between the Chongqing's economic growth and energy consumption exist the positive long-term stable equilibrium relationship, Chongqing's economic development depending on energy consumption is too high, to keep the economy in Chongqing's rapid economic development, energy relatively insufficient supply sustainable development must rely on the energy market, which will restrict the development of Chongqing's economy. 2At this stage, Chongqing continuing emphasis on optimizing the industrial structure to improve energy efficiency at the same time, the key is to establish and improve the energy consumption intensity and total energy demand "dual control" under the security system, weakening the energy bottleneck effect on economic growth.

The Influencing Factors Analysis of Implementing Green Supply Chain Based on the Investigation Data in Shandong Province of China

2013 ◽  
Vol 671-674 ◽  
pp. 3049-3054
Author(s):  
Cao Qian ◽  
Xi Jian Quan ◽  
Yu Yan Wang
Keyword(s):  
Factor Analysis ◽  
Supply Chain ◽  
Energy Consumption ◽  
Product Design ◽  
Influencing Factors ◽  
Shandong Province ◽  
Raw Material ◽  
Green Supply Chain ◽  
Manufacturing Enterprises ◽  
Factors Analysis

On the basis of investigation and research, we firstly determined factors that impact manufacturing enterprises to implement green supply chain. Then, based on data of Parts of manufacturing enterprises in Shandong Province implementing green supply chain, the influencing factors of manufacturing enterprises implementing green supply chain is analyzed by factor analysis. The conclusion show that the influencing factors mainly concentrates in seven aspects that is raw material purchase, the enterprise internal management, the worn recycling, the product design, the enterprise prestige, the enterprise energy consumption, the reject processes.

scholarly journals Does Renewable Energy Matter for Economic Growth in Central and Eastern European Countries? Empirical Evidence from Heterogeneous Panel Cointegration Analysis

2021 ◽  
Vol 31 (1) ◽  
pp. 34-59
Author(s):  
Olimpia Neagu ◽  
Cristian Haiduc ◽  
Andrei Anghelina
Keyword(s):  
Economic Growth ◽  
Renewable Energy ◽  
Energy Consumption ◽  
Empirical Evidence ◽  
Panel Cointegration ◽  
Cointegration Analysis ◽  
Eastern European ◽  
Renewable Energy Consumption ◽  
Eastern European Countries ◽  
Heterogeneous Panel

AbstractThe aim of the paper is to provide empirical evidence in support of the relationship between renewable energy consumption and economic growth in eleven Central and Eastern European (CEE) countries over the period 1995-2015 within a multivariate panel data analysis. Based on World Bank data, the panel cointegration analysis reveals that renewable energy consumption and economic growth are positively associated in the long run in CEE countries. The heterogeneous panel causality test indicates a bi-directional causality relationship in support of the feedback hypothesis between economic growth and renewable energy consumption in Central and Eastern European countries.

Dynamic interactions between stock markets and the real economy

2016 ◽  
Vol 11 (4) ◽  
pp. 715-746 ◽  
Author(s):  
Nikiforos T. Laopodis ◽  
Andreas Papastamou
Keyword(s):  
Economic Development ◽  
Stock Market ◽  
Methodological Approach ◽  
Financial System ◽  
Cointegration Analysis ◽  
Policy Implications ◽  
Real Economy ◽  
Dynamic Interactions ◽  
Content Type ◽  
The Real

Purpose The purpose of this paper is to re-examine the relationship between a country’s aggregate stock market and general economic development for 14 emerging economies for the period from 1995 to 2014. Design/methodology/approach The methodological approach of the paper is multifold. First, the authors use cointegration analysis to determine the simple dynamics among the variables. Second, the authors utilize vector autoregression analysis to study the dynamics among the variables for the 14 countries. Third, the authors employ panel analysis to determine common variations among the variables and across countries. Findings When examining the linkage between the stock market and economic development, proxied by gross domestic product growth or with gross fixed capital formation growth, the authors did not find a meaningful relationship between them. However, when the authors included additional control variables strong, dynamic interactions between the two magnitudes surfaced. Specifically, it was found that the stock market is positively and robustly correlated with contemporaneous and future real economic development and, thus, it directly contributed to a country’s economic development either through the production of goods and services or the accumulation of real capital. Thus, it can be inferred that the stock market alone is not capable of boosting economic development in these countries unless being part of a comprehensive financial system (which includes banks) as well as investment in real capital. Research limitations/implications The policy implications are clear. Government authorities must recognize that the stock market alone is not a driver of economic development and that a sound, efficient financial system (which includes banks) must be present in order to contribute and foster economic development. Originality/value The study is original in the sense that it examines various financial and economic variables to determine the degree of (or dynamic interactions among) the stock market and the real economy for each and all emerging markets in the sample.

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