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Grey correlation analysis of relationship between economic growth and industrial structure and energyconsumption in Shandong province

Author(s): Hong Meixiang

Dynamic correlation analysis is carried out for the relationship among the industrial structure, energy consumption and economic growth in Shandong Province with grey correlation analysis method by taking the data of Shandong Province from 2006 to 2012. The results show that the proportion of total energy consumption and tertiary industry in economy is the main factor affecting economic growth of Shandong Province; and another factor is the proportion of energy consumption structure and secondary industry in the local economy. Therefore, in order to realize healthy and benign sustainable development of economy in Shandong Province, Shandong Province must first start with improving energy efficiency and adjusting and upgrading industrial structure, vigorously developing green and low carbon economy, forming reasonable energy consumption structure and realizing harmonious development of society and economy

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