Research on equilibrium condition of energy consumption growth and economic growth

Following the two-way causality between energy consumption and economic growth, the paper establishes one knowledge exogenous economic balanced growth model which including representative vendors, nonrenewable energy production departments, renewable energy production departments, government, repres...

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Bibliographic Details
Published in2011 International Conference on Materials for Renewable Energy & Environment Vol. 2; pp. 1162 - 1166
Main Author Guanghua Liang
Format Conference Proceeding
LanguageEnglish
Published IEEE 01.05.2011
Subjects
Analytical models
balanced growth
energy constraint
energy saving and emission reducing
Production
renewable energy
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Summary:Following the two-way causality between energy consumption and economic growth, the paper establishes one knowledge exogenous economic balanced growth model which including representative vendors, nonrenewable energy production departments, renewable energy production departments, government, representative family based on slow growth model and the optimal theory, it studies the conditions of economic balanced growth. The conclusions show that the balance condition between energy consumption and economic growth is the growth rate of energy quantity per- effective work equaling zero, finally it proposes the policies from the angles of intensifying energy saving and emission reducing as well as resource tax.
ISBN:9781612847498
1612847498
DOI:10.1109/ICMREE.2011.5930544