Evaluation and analysis of targeted economic policies for the growth of total energy consumptiom in selected groups of countries in the China for the period of 1991-2019

Authors

  • Khaleel Ghazi Hasan College of Administration and Economics, Department of Economics, University of Dohuk, Dohuk, Iraqi Kurdistan
  • Helat Salman Sulaiman College of Administration and Economics, Department of Economics, University of Dohuk, Dohuk, Iraqi Kurdistan

DOI:

https://doi.org/10.25007/ajnu.v13n2a1302

Keywords:

Keywords: Energy, Consumption, Demand, China, Joint Integration.

Abstract

Abstract

Energy is one of the basic inputs for all economic sectors, one of the basic ingredients and an important indicator for measuring progress and social development. Assuming that macroeconomic variables significantly affect energy consumption in China. The data of these countries were tested for the period (1991-2019) according to a methodology that allows testing the stability of these time series and joint integration, in a way that ensures the estimation of the long and short-term relationships between macroeconomic variables and energy consumption. It was found that independent variables explain a high percentage of changes in energy consumption. Also, all models did not suffer from problems of autocorrelation and heterogeneity of variance. Based on the conclusions of the study, the study suggests working on drawing up and implementing policies that would reduce energy consumption, whether through financial policies such as taxes that raise energy prices or through raising the efficiency of energy use, which in turn will contribute to reducing energy consumption and limiting its harmful environmental effects.

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Published

2024-06-30

How to Cite

Ghazi Hasan, K., & Salman Sulaiman, H. (2024). Evaluation and analysis of targeted economic policies for the growth of total energy consumptiom in selected groups of countries in the China for the period of 1991-2019. Academic Journal of Nawroz University, 13(2), 519–530. https://doi.org/10.25007/ajnu.v13n2a1302

Issue

Vol. 13 No. 2 (2024)

Section

Articles

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