China's Economic Growth And Energy Consumption Inherent Dependencies Empirical Research

Long time, the energy issue has been the focus and hot issues of China's economic development. The energy industry is the foundation of the national economy. The healthy development of energy industry has been the important material foundation of sustainable socio-economic development. Now days, China not only one of the fastest economic growth country in the world, but also an energy production and consumption power. The latest data show that China has become the second largest energy consumer among all countries, energy demand rising rapidly. Unquestionably, energy production and consumption has considerable effect to the realization of sustained, healthy, harmonious and rapid development of China's economic and social achievement, therefore, the intrinsic relationship between energy consumption and economic growth is worthy of study and should be pay sufficient attention.In the 1970s, people have focus on the quantitative study of the relationship between energy consumption and economic growth. A fascinating question is that the relationship between two never reach a consensus. Different Literatures using different models, different countries and different regions, different sample data, even different parameter estimate methods or different time intervals, they got different conclusions. Therefore, this issue has always been focused on by international and domestic scholars and become one of hot topics.The research to the relationship between the economical growth and the energy consumption in academic circles continuously took the linear supposition as the premise, by no means to this supposition whether strictly carried on the econometric test reasonably up to now. This article takes the lead to study the intrinsic structure relations between the economical growth and the energy consumption which are profound and complex in China, employed the non-linear STR models which have been developed in recent years. We obtained the following main conclusions: (1) The influence of Chinese economic growth on the energy consumption has the typical non-linear characteristic, and, may express through the LSTR2 model. (2) The influence of Chinese economic growth on the energy consumption has the asymmetry. When the GDP growth appears drops absolutely, the energy consumption compared to GDP has the quicker rate of descent; When the GDP rate of increment does not surpass 18.04%, the influence will have the relative stability, and the elasticity of the energy consumption to the economic growth is 0.9592; When the GDP rate of increment surpasses 18.04%, the energy consumption compared to GDP will have the quicker rate of rise, thus, the economic growth will completely take the high energy consumption as the cost. Therefore, we should avoid the economic negative growth and the super-velocity growth as far as possible. (3) The influence of Chinese economic growth on the energy consumption has the obvious gradual characteristic. During 1956-1976 year, it presented the obvious non-linear characteristic; but during 1977-2005 year, it presented the obvious linear characteristic.