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International Conference on Engineering and Business Management (EBM 2010 PAPERBACK)

Chengdu,China,China,3.24-3.26,2010

ISBN: 978-1-935068-05-1 Scientific Research Publishing, USA

Paperback 6066pp Pub. Date: March 2010

Category: Engineering

Price: $280

Title: Research of the Domestic Electricity Generation’s Predicting Effect on Macro-Economics ——Based on Co-integration Theory
Source: International Conference on Engineering and Business Management (EBM 2010 PAPERBACK) (pp 3706-3709)
Author(s): Jian Hui Yang, School of Business Administration. South China University of Technology, 510640, Guangzhou, China
Rui Jun Mo, School of Business Administration. South China University of Technology, 510640, Guangzhou, China
Chi Wen Chen, School of Business Administration. South China University of Technology, 510640, Guangzhou, China
Abstract: Abstract: This paper imposes the vector autoregressive and vector error correction model of the cointegration theory to find out the relationship between domestic electricity generation and macro-economics index such as GDP, industry increase growth, employment growth, total import-export amount and PPI. The outcomes show that domestic electricity generation can give us clear prediction on the development of macro-economics. Conclusions are: 1) domestic electricity generating is correlative with both GDP and employment growth in long term, while irrelative with total import-export amount and PPI; 2) domestic electricity generating is correlative with industry increase growth when there is impact from GDP and employment growth.
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