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Taking Henan as an example, using co-integration analysis and Granger causality test, on the basis of the data of 1980-2008, this paper discusses the relationship between the main energy consumption ingredients and the economic growth in Henan province. The result shows that there is a stable positive equilibrium relationship between the petroleum and gas consumption and the economic growth in the...
Based on the study of relative documents, cargo turnover miles, logistics network density and GDP were used as studying objects, the dynamic econometrics' methods were used, the relationship between the logistics and economic development was analyzed in Jilin province from 1991 to 2007. The result shows that there exists single Granger causality between logistics network density and economic development,...
Using the methods of co-integration analysis and Granger causality test, this paper researches on the relationship between Henan's GDP and energy consumption based on the data of 1980-2008. The empirical results show that there is a stable equilibrium relation between Henan's energy consumption and economic growth in the long run. The results also show that there is one-orientated causality from economic...
High levels of energy prices and the promise of international initiatives on decreasing the greenhouse gas emissions have regenerated the argument about the execution of energy conservation policies. This paper investigates the causal relationship between aggregated and disaggregated levels of energy production, energy demand, energy import and economic growth for Turkey for the period of 1975-2007...
The aim of this paper is to contribute to measure contagion effect of the international financial crises outbreaking from American in 2008 exerting on some of Asian and European countries through the international financial system. Applying VAR model, the paper testifies the contagion effect of crisis by analyzing the Granger Causality change of the volatility of two markets of the infected country-China...
Chinese bank plays an important role in the financial system. It demonstrates the causality between financial intermediary represented by banks and economic growth in Hebei by rigorous econometric analysis method. It also gives some policy suggestion based on the analysis of the data from 1978 to 2007 with ADF unit root test and Co-integration test and Granger causality test. The result shows that...
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