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Model and Analysis of the current situation of energy structure and consumption: Evidence from Zhejiang Province
Abstract
Taking Zhejiang Province as an example, this paper using statistical data of 1990-2012 makes a statistical analysis of energy consumption and an empirical research on the relationship between economic growth and energy structure, energy consumption. The result shows the relationship between economic growth and energy structure, energy consumption in Zhejiang Province is long balanced. There is a two-way causation between economic growth and energy structure, and a
two-way causal relationship between economic growth and energy consumption, namely, GDP grows by 0.7343% when energy structure grows by 1%,and GDP grows by 0.3223% when energy consumption grows by 1%.Further, we give some suggestions on energy structure and energy consumption in Zhejiang Province.
Keywords
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