Nan R., Xu H., 2018, The Relationship Between Energy Consumption and Economic Growth Based on Vector Error Correction Model, Chemical Engineering Transactions, 67, 817-822.
In this paper, the author studies the relationship between economic growth and energy consumption. Based on the vector error correction model (VECM), the author conducts an in-depth study on the connections between economic growth and energy consumption and analyzes the characteristics and connotations, which provides an important reference for reducing energy consumption and improving economic efficiency. Understanding the rules between energy consumption and economic growth is of great significance to the development and utilization of energy and the increase in economic growth. The results of study on the relationship between energy consumption and economic growth based on VECM provide an important reference basis for the promotion of sustainable economic and social development. Therefore, it has a certain value of promotion and application.
