Abstract
The paper utilized the co-integration test, error correction model and Granger causality test, and other methods to verify the influence of the coal, oil and electricity prices, industrial and energy consumption structures on China's energy efficiency based on time-series data from 1979 to 2010. Test results show that: there is long-term equilibrium relationship of the energy prices, industrial structure, energy consumption structure and energy efficiency; coal prices, industrial structure and energy consumption structure are the Granger reasons of energy efficiency both in the short and long run; while the oil and electricity prices only constitute the long-term Granger reasons of energy efficiency. Finally, it analyzed the implications of policies of the empirical results and provided some constructive suggestions.
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