Carbon Emission Policy Research Based on the ECM model of Energy Consumption and GDP of Shandong Province
- DOI
- 10.2991/icpel-17.2017.49How to use a DOI?
- Keywords
- carbon emission, economic growth, co-integration test, ECM model
- Abstract
China has paid more attention to the carbon emission of energy consumption, from the outline of the "eleventh five-year plan". As the first major energy consumption province, Shandong province should strictly control carbon emission. This article uses econometrics methods to study the intrinsic relationship between economic growth and fossil energy carbon emissions, including long-term and short-term. Through the time series of unit root test, co-integration test and granger causality test, error correction model is established, and the results show that the economic growth and carbon emissions in Shandong province has a long-term and stable relations, and short-term deviation can adjust to long-term equilibrium gradually. Granger causality tests show that they have granger relationship. Finally, according to the research conclusion, the corresponding policy Suggestions are put forward.
- Copyright
- © 2017, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Yanhong Li PY - 2017/07 DA - 2017/07 TI - Carbon Emission Policy Research Based on the ECM model of Energy Consumption and GDP of Shandong Province BT - Proceedings of the 2017 2nd International Conference on Politics, Economics and Law (ICPEL 2017) PB - Atlantis Press SP - 189 EP - 192 SN - 2352-5428 UR - https://doi.org/10.2991/icpel-17.2017.49 DO - 10.2991/icpel-17.2017.49 ID - Li2017/07 ER -