The Coordination and Dynamic Relationship of the Industrial Energy Consumption, Economic Growth and SO2 Emission —Analysis of Time Series Data of China from 1990 to 2016

Abstract

Based on the current situation of China’s industrial ecological development, this article constructs the system of industrial “energy-SO2-economy” and uses the vector autoregressive model, impulse response function and variance decomposition to analyse the coordination and dynamic relationship between the three factors. The results show that there is a long-term, stable correlation between industrial energy consumption, SO2 emission, and industrial economic growth during the research period, which is in accordance with the status quo of the early development level of China’s industrialization. The industrial economic growth of China relies heavily on resource consumption and has caused serious damage to the environment, and this development pattern is not sustainable. Therefore, the government should vigorously promote the coordinated development of the economy and ecosystem in the process of industrial growth, as well as take the road of sustainable development with low resource consumption, less pollution and high ecological security.