Issue |
E3S Web Conf.
Volume 185, 2020
2020 International Conference on Energy, Environment and Bioengineering (ICEEB 2020)
|
|
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Article Number | 01007 | |
Number of page(s) | 4 | |
Section | Energy Engineering and Power System | |
DOI | https://doi.org/10.1051/e3sconf/202018501007 | |
Published online | 01 September 2020 |
Electricity Consumption and Secondary Industry Structure: Case Analysis of Shandong
1 Department of Public Relations, State Grid Shandong Electric Power Company, Jinan, Shandong,
250001, P. R. China
2 School of International Economics and Trade, Shandong University of Finance and Economics, Jinan, Shandong,
250014, P.R. China
* Corresponding author: libingchina@sina.com
This paper analyses the relationship of electricity consumption and secondary industry structure with GDP as control variable. Cointegration analysis indicates that there is a long run relationship between the electricity consumption and the secondary industry structure. Granger causality test indicates that variables all have one-directional Granger causality relationship. Increased electricity consumption could explain the development of GDP in Shandong in the period under study. Secondary industry structure played a significant role in the explanation of the increased electricity demand. And secondary industry structure helps explain the growth of GDP in Shandong province. Although tertiary industry is developing very fast but the secondary industry is still very important in the electricity consumption.
© The Authors, published by EDP Sciences, 2020
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