Research on GDP forecast and its relationship with energy consumption
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| Title | Research on GDP forecast and its relationship with energy consumption |
| Authors | |
| Abstract | The first part of the paper use the method of the stationary time series to build the 1978-2006 GDP time series model of China. Then carried out an estimate to the regression parameters of the time-series model, and the white noise test of the estimated model, and analyze the test of the regression results. The second part selects China 1990-2009 energy consumption and GDP annual data as the research sample, Using Eviews to do the GDP energy consumption of the time series for unit root test and co-integration test, Engle - Grange causality test, then we found that when GDP and energy consumption are in 5% significance level, there is a co-integration relationship between them; Engle - Grange causality test results show that in 5% of significance level, the energy consumption and GDP exist unidirectional causal relationship. |
| Publisher | World Science Publisher |
| Date | 2012-10-21 |
| Source | 2167-6348 |
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