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Multivariate Cointegration Analysis of the Relationship between Electricity Consumption and Economic Growth in China

机译：中国用电量与经济增长关系的多元协整分析

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Many scholars research deeply the relationship between the electricity consumption and GDE In my view, the composing factors of GDP impact on the electricity consumption in different ways, so the relationship between the electricity consumption and the composing factors of GDP is studied in the paper.Electricity consumption is chosen as the explained variable, and Fixed asset investment, disposal income per capita, export, and electricity power price are chosen as the explanatory variables, twenty-five years (from 1980 to 2004) real data of all the variables (deducted the influence of inflation) in China are taken as the samples.Based on the unit root test and cointegration test, the model is found to analyze the cointegration relationship between the explained variable and explanatory variables,and it is suitable to forecast the electricity demand in long-term. Owing to the existence of equilibrium mechanism, the Error Correction Model is applied to analyze the degree that the short-term electricity consumption deviate the long-term equilibrium state.
机译：许多学者对电力消费与GDE的关系进行了深入研究。我认为GDP的构成因素以不同的方式影响电力消费，因此本文研究了电力消费与GDP的构成因素之间的关系。选择消费作为解释变量，选择固定资产投资，人均可支配收入，出口和电力价格作为解释变量，所有变量的二十年（从1980年到2004年）的真实数据（减去以中国的通货膨胀影响为样本。在单位根检验和协整检验的基础上，建立了该模型用于分析解释变量与解释变量之间的协整关系，适用于长期预测用电量。 -学期。由于存在均衡机制，因此采用误差校正模型来分析短期用电量偏离长期均衡状态的程度。

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