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Erschienen in:
2011 | OriginalPaper | Buchkapitel
Research on Total Energy Consumption and Industrial Production Based on Error Correction Model in Hebei Province
verfasst von : Dong Liu, Herui Cui
Erschienen in: Advanced Research on Electronic Commerce, Web Application, and Communication
Verlag: Springer Berlin Heidelberg
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According to the statistical data of total energy consumption- industrial output in 1990-2008 in Hebei Province, this paper establishes a function of energy consumption - industrial output, analyzes test results through the unit root test, causality test, co-integration and error correction model, and obtains following conclusion: energy consumption and industrial output in Hebei form relationships of short-term fluctuation and long-term balance, and the results are obvious. On this basis, to coordinate development of energy and economy and reduce energy consumption, implementing energy development strategy and optimizing industrial structure is necessary, and adjusting the industrial industry is a key.