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Research on the Relationship Between Electricity Consumption and Economic Growth Based on Quantitative Market Model

In: Economic Management and Big Data Application Proceedings of the 3rd International Conference

Author

Listed:
  • Hang Cheng
  • XiaoYu Yin
  • QiuYang Wu
  • Ting Fang
  • Yong Li
  • Bing Jiang
  • Yong Zhang

Abstract

This paper presents a comparative study of the linear and nonlinear relationship between energy consumption and economic growth in China and explores the dynamic dependence between the two. The study has some reference value for the formulation of China’s energy policy. Specifically, the study of the nonlinear relationship between energy consumption and economic growth helps to understand the relationship between the two better. A study of the nonlinear relationship between energy consumption and economic growth will help to grasp the interrelationship between the two in a more rational manner, providing the basic premise for the formulation of energy development strategies that will enable China to achieve healthy economic development and sustainable social development. The study of the nonlinear relationship between energy consumption and economic growth helps to grasp the interrelationship between the two more rationally and provides the basic premise for the formulation of energy development strategies, thus enabling China to achieve healthy economic growth and sustainable social development.

Suggested Citation

  • Hang Cheng & XiaoYu Yin & QiuYang Wu & Ting Fang & Yong Li & Bing Jiang & Yong Zhang, 2024. "Research on the Relationship Between Electricity Consumption and Economic Growth Based on Quantitative Market Model," World Scientific Book Chapters, in: Sikandar Ali Qalati (ed.), Economic Management and Big Data Application Proceedings of the 3rd International Conference, chapter 28, pages 313-322, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811270277_0028
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    More about this item

    Keywords

    Big Data; Information Management; Economic; Data Applications; Blockchain; E-commerce;
    All these keywords.

    JEL classification:

    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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