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- W2377870981 abstract "It was tried to examine the Granger causality between electricity industry development and economic growth in China. First, this study applied ADF root test to examine the stationary property of two economic variables involved annual electricity production and real GDP that separately stood for electricity industry development and economic growth, the results indicated that they were found to be I(1), and were co-integrated through E-G; secondly, utilizing the Granger causality testing, the paper analyzed the Granger causality between electricity production and economic growth, and build up the error-correction model that reflected the dynamic and static relationships between real GDP and annual electricity production. The results showed that there was unidirectional Granger causality running from annual electricity production to real GDP but not vice versa. In the end, from the point of view of the practical development of economic in China, this study reached a conclusion that lower residential electricity consumption, shortage of electricity constructing capital, and technology advancement were real causes that there wasn't bidirectional Granger causality between electricity production and economic growth." @default.
- W2377870981 created "2016-06-24" @default.
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- W2377870981 date "2005-01-01" @default.
- W2377870981 modified "2023-09-26" @default.
- W2377870981 title "Study on relationship between development of electric power industry and economic growth in China" @default.
- W2377870981 hasPublicationYear "2005" @default.
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