Grey Relational Analysis of Energy Consumption and Economic Growth in Liaoning Province

Date: 2024-01-04    Source: 

Wang Yixuan, School of Economics

 

Abstract: China is in a critical period of energy transformation and development. The 13thfive year plan for energy development puts forward efforts to build a clean, low-carbon, safe and efficient modern energy system, which points out the direction for China's energy development. The industrialization development of Liaoning Province plays an important role in the process of revitalizing the northeast economy. As a major energy consumption province, the energy consumption problem has far-reaching significance for the development of Liaoning Province. A correct understanding of the relationship between energy consumption and economic growth in Liaoning Province can not only provide research basis for the development of energy in Liaoning Province, but also provide reference for the sustainable development of energy consumption and economic growth in Liaoning Province.

In the first chapter, the theory of energy consumption and economic growth has been elaborated from the theoretical level, which provides a solid theoretical basis for the follow-up development of this paper. The second chapter is based on the data of energy consumption and economic growth in Liaoning Province from1998 to 2017. Firstly, it analyzes the current situation of energy consumption in Liaoning Province from two aspects of total consumption and consumption structure. It is found that the total energy consumption in Liaoning Province has changed from increasing to stable, but it has always exceeded the national average total energy consumption. In the energy consumption structure, coal and crude oil are the main types of consumption, industrial energy consumption is the most in the consumption industry, followed by transportation, storage, postal service and domestic energy industry in the tertiary industry. Then, it explains the economic growth of Liaoning Province with the situation of regional GDP and industrial structure. The GDP of Liaoning Province has experienced the process of rapid growth to the slow economic growth caused by the downward pressure of economy in recent years. Although the tertiary industry in the industrial structure exceeds the secondary industry, it is still at the backward level. It also explains the energy consumption intensity and energy consumption elasticity coefficient in detail The relationship between energy consumption and economic growth. The third chapter makes full use of the grey correlation analysis method. Firstly, it studies the correlation between nine kinds of main energy and economic growth in the energy consumption structure of Liaoning Province, and finds that the economic growth of Liaoning Province is closely related to nine kinds of energy consumption, and the correlation between power consumption and economic growth is higher than that of coal. Then it studies the correlation degree between six major industries and economic growth in Liaoning energy consumption industry, and finds that the correlation degree between the six industries and economic growth is more than 0.6, but compared with the industry with the largest proportion, the correlation degree between transportation, storage and postal industry and economic growth is the largest.

 Finally, through the analysis of current situation and empirical results, this paper puts forward policy recommendations for the future development direction of energy consumption in Liaoning Province, that is, the development of low-carbon economy in Liaoning Province needs to improve the utilization rate of fossil energy, actively develop clean energy, optimize the structure of energy consumption, and improve the awareness of energy conservation in the whole society.

 

Read the article here:           【可持续发展】辽宁省能源消费与经济增长的灰色关联度分析.pdf