Dynamic Analysis of Energy Consumption and Economic Growth Based on the PVAR Model
Shu, Shaogan
Chen, Jing
Zhao, Xiaoyun
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How to Cite

Shu S., Chen J., Zhao X., 2018, Dynamic Analysis of Energy Consumption and Economic Growth Based on the PVAR Model, Chemical Engineering Transactions, 67, 823-828.
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Abstract

Objective: A dynamic analysis of energy consumption and economic growth is carried out by using the PVAR model. Method: The PVAR model is established to analyze the relationship between economic growth and energy consumption in the provinces and cities such as Beijing, Tianjin and Hebei. Results: It is found that the relationship between economic growth and energy consumption is positive, and there is a difference between the energy consumption and economic growth among different regions. Conclusions: The PVAR model is conducive to understand the dynamic relationship between regional economic growth and energy consumption, so it has the value of research and application.
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