Relationship between Electricity Elasticity Coefficient and Industrialization Stage in China

doi:10.11930/j.issn.1004-9649.202004057

Abstract

Abstract: The electricity elasticity coefficient is an index used to express the relationship between electricity consumption and economic growth. This paper studies the relationship between the electricity elasticity coefficient and industrialization process, which will have practical significance. The main conclusions of this study are that in the middle stage of industrialization, the electricity elasticity coefficient in various regions is generally high, and then it decreases obviously; the electricity elasticity coefficient in the provinces where the industry ratio is significant is relatively high. During the Fourteenth Five-Year Plan period (2021~2025), China will achieve high-quality economic development, and the electricity demand will maintain a moderate speed of growth with the national electricity elasticity coefficient of about 0.8, which is consistent with the later stage of China's industrialization.

Key words: electricity elasticity coefficient, industrialization stage, provincial region, industry ratio, electricity demand

SHAN Baoguo, ZHANG Chenglong, WANG Xiang, YAO Li, LIU Qing, TAN Xiandong. Relationship between Electricity Elasticity Coefficient and Industrialization Stage in China[J]. Electric Power, 2020, 53(7): 1-6.

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URL: https://www.electricpower.com.cn/EN/10.11930/j.issn.1004-9649.202004057

https://www.electricpower.com.cn/EN/Y2020/V53/I7/1

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