Open AccessCoordination between Electricity Consumption and Economic Development in Tianjin
Author(s) -
Lixia Liu,
Chao Ma,
Dong Zhang,
Na Li,
Fei Xiao,
Yutong Ye,
Jie Yang
Publication year - 2019
Publication title -
journal of physics. conference series
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.21
H-Index - 85
eISSN - 1742-6596
pISSN - 1742-6588
DOI - 10.1088/1742-6596/1314/1/012030
Subject(s) - cointegration , consumption (sociology) , electricity , unit root test , economics , unit root , power consumption , electricity generation , natural resource economics , agricultural economics , power (physics) , engineering , econometrics , social science , physics , quantum mechanics , sociology , electrical engineering
The paper use the unit root test, cointegration test, and granger test to study the relationship between power consumption and economic growth in Tianjin, and it is concluded that Tianjin’s electricity consumption and economic growth influence each other and cause and effect each other. Economic growth depends strongly on electricity consumption and promotes the development of power industry. The increase of electricity consumption further promotes economic growth.