Abstract
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.
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© 2011 Springer-Verlag Berlin Heidelberg
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Liu, D., Cui, H. (2011). Research on Total Energy Consumption and Industrial Production Based on Error Correction Model in Hebei Province. In: Shen, G., Huang, X. (eds) Advanced Research on Electronic Commerce, Web Application, and Communication. ECWAC 2011. Communications in Computer and Information Science, vol 143. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-20367-1_9
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DOI: https://doi.org/10.1007/978-3-642-20367-1_9
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-20366-4
Online ISBN: 978-3-642-20367-1
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