| Issue |
E3S Web Conf.
Volume 185, 2020
2020 International Conference on Energy, Environment and Bioengineering (ICEEB 2020)
|
|
|---|---|---|
| Article Number | 01013 | |
| Number of page(s) | 4 | |
| Section | Energy Engineering and Power System | |
| DOI | https://doi.org/10.1051/e3sconf/202018501013 | |
| Published online | 01 September 2020 | |
Electricity Demand, GDP and Employment: Evidence from Shandong
1 School of International Economics and Trade, Shandong University of Finance and Economics, Jinan, Shandong, 250014, P.R. China
2 Department of Public Relations, State Grid Shandong Electric Power Company, Jinan, Shandong, 250001, P. R. China
* Corresponding author’s e-mail: libingchina@sina.com
This paper analyses the possible relationship among the electricity demand, GDP and employment in Shandong. The cointegration equation coefficients show that there is a positive correlation among electricity demand, GDP and employment. Granger causality test indicates that there is a one-way Granger causal relationship both from electricity demand to GDP and from electricity demand to employment. Since that Shandong GDP growth can be explained by the increased electricity demand and the increased number of people employed, policies encouraging electricity demand and employment can be issued to help push further economic development in Shandong province.
© The Authors, published by EDP Sciences, 2020
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Current usage metrics show cumulative count of Article Views (full-text article views including HTML views, PDF and ePub downloads, according to the available data) and Abstracts Views on Vision4Press platform.
Data correspond to usage on the plateform after 2015. The current usage metrics is available 48-96 hours after online publication and is updated daily on week days.
Initial download of the metrics may take a while.