What Is the Connection Between Energy and Economic Growth?

Energy is an important material foundation for the survival and development of human society. In the development and utilization of energy, there are various economic phenomena such as the market, price, and supply-demand relations. It is closely related to people's daily life and social economic development. Energy economics is a young science developed in this context.

Energy economics

(Hot research in economics)

Energy economics has generally gone through three stages of gradual deepening: (1) the development and utilization of a specific energy product and its

If we observe its formation and development from the task of energy economics research, we can see that this process of understanding has generally gone through three stages: First, at the stage of relatively abundant energy production and supply, The main task is how to efficiently produce, process, transform, and transport energy products to meet the large demands of economic development. For example, before the 1970s, people were optimistic about energy supply. It seems that energy is an inexhaustible resource that can effectively protect demand. Therefore, the focus of energy economics research focuses on energy development and utilization policy research. Secondly, with the outbreak of the energy crisis in the mid-1970s, issues such as the limited availability of energy resources and the waste of large amounts of resources caused by one-sided pursuit of growth were presented to people, making people feel that traditional economic views

Its focus will include energy demand, energy pricing mechanisms, the organizational structure of the energy industry,

In view of China's energy research status, we believe that China's future energy economics research should generally have the following directions:

A large number of facts show that China's energy growth cannot meet the needs of national economic development.

Due to the late start of China's energy economics research, domestic scholars have different views on the content of this science of energy economics. To sum up, energy economics should include at least the following seven aspects of research:

1. Energy and economic growth (

The study of China's energy economics has its importance and urgency; energy economics contains extremely rich content, and with the development of social economy and increasing energy shortages, the scope and objects of energy economics research will continue to expand . Effectively conducting research on energy economics requires strong input from all sides, especially the training of talents.