Dynamic Decomposition Analysis and Forecasting of Energy Consumption in Shanxi Province Based on VAR and GM (1, 1) Models
Journal: Mathematical Problems in Engineering
Year: 2018

Environmental issues caused by energy consumption have attracted increasing attention recently. Shanxi Province, a typical energy-dominated region in China, has long-term dependency on coal industry generating extensive economic growth, which is detrimental to green development. Distinguished from previous studies ignoring driving factors of energy consumption, this paper establishes a vector autoregression (VAR) model to dynamically identify the drivers of energy consumption based on STIRPAT mo