ISSN:2325-6192 (print)
ISSN:2325-6206 (online)
Journal of Environmental Accounting and Management
António Mendes Lopes (editor), Jiazhong Zhang(editor)
António Mendes Lopes (editor)

University of Porto, Portugal

Email: aml@fe.up.pt

Jiazhong Zhang (editor)

School of Energy and Power Engineering, Xi'an Jiaotong University, Xi'an, Shaanxi Province 710049, China

Fax: +86 29 82668723 Email: jzzhang@mail.xjtu.edu.cn

Study on the Relationship between Coal Consumption and Economic Growth: Based on the Data from 1981-2011 of China

Journal of Environmental Accounting and Management 3(1) (2015) 69--75 | DOI:10.5890/JEAM.2015.03.006

Li Li$^{1}$,$^{4}$,Yalin Lei$^{2}$,$^{4}$, Dongyang Pan$^{3}$

$^{1}$ School of Public Policy and Management, Tsinghua University, Beijing, 100084, China

$^{2}$ School of Humanities & Economic Management, China University of Geosciences (Beijing), Beijing, 100083, China

$^{3}$ School of Finance, Central University of Finance and Economics, Beijing, 100081, China

$^{4}$ Key Laboratory of Carrying Capacity Assessment for Resource and Environment, Ministry of Land and Resources, Beijing, 100083, China

Abstract

Coal continues to play an important role in the world and in China in the future. Although renewable energy will obtain a bigger development, coal is still one of the main characters in the pattern of world energy in the next 30 years. Using vector error correction model and the data from 1981- 2011 in China, the paper examines the relationship between the variables coal consumption and economic growth for China. The results show that there is a bi-directional granger causality relationship between coal con sumption and economic growth in the short and long run in China, which means that rapid economic growth promotes huge coal consumption, and coal consumption supports economic growth.

Acknowledgments

The authors express sincere thanks for the support from the reviewers; the National Natural Science Foundation of China under Grant No.71173200;the Development Research Center of China Geological Survey Bureau under Grant No.1212011220302 and No. 12120114056601; Key Laboratory of Carrying Capacity Assessment for Resource and Environment, Ministry of Land and Resources(Chinese Academy of Land and Resource Economics, China University of Geosciences Beijing)(No.CCA2015.08).

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