Energy Consumption and Economic Growth-Research:Based on the Maximum Entropy Bootstrap

2012 
This paper establishes a framework based on the maximum entropy method,to analysis the relationship between China's energy consumption and economic growth from 1981 to 2009.Compared with the traditional theory research methods based on the evolutionary,the result of this paper provide a more accurate and robust conclusions.The research analysis framework between energy consumption and economic growth by a bivariate firstly,the result shows that these have no significant causality,and then set up a multivariate framework,by introduce the energy prices and exchange rate.This multiple analysis framework research gets conclusions in different lag order number and with different time stage,and gets the same conclusions that China's energy consumption and economic growth does not exist causality.
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