Research Article

An Improved Artificial Colony Algorithm Model for Forecasting Chinese Electricity Consumption and Analyzing Effect Mechanism

Table 1

Summary of literature review on relationship between factors and electricity consumption.

NumberAuthorsCountryTime periodMethodologyVariablesRelationships

1Karanfil and Li [17]160 countries1980–2010Cointegration techniquesElectricity consumption, economic growthThere exists a causal relationship between electricity consumption and economic growth.

2Ciarreta and Zarraga [18]European countries1970–2007A panel data approachElectricity consumption, economic growthThere exists a negative and strong causality from electricity consumption to GDP.

3Bianco et al. [19]Italy1970–2007Linear regression modelsElectricity consumption, GDP, GDP per capita, and populationAnnual electricity consumption was strongly related to the selected variables.

4Tang et al. [20]Portugal1974–2009Multivariate modelsElectricity consumption, economic growthThere exists a long run Portugal Granger causality between electricity consumption and economic growth.

5Polemis and Dagoumas [21]Greece1970–2011Cointegration techniquesElectricity consumption, economic growthThere exists a bidirectional causality between electricity consumption and economic growth.

6Zaman et al. [22]Pakistan1975–2010The bounds-testing procedureElectricity consumption, populationThere exists a positive relationship between population growth and electricity consumption.

7Kavaklioglu [23]Turkey1975–2006The ε-SVR modelsElectricity consumption, populationThere exists a strong causality between population and electricity consumption.

8Liddle and Lung [24]105 countries1971–2009Heterogeneous panel methodsElectricity consumption, urbanizationThere exists a causal relationship between electricity consumption and urbanization.

9Solarin and Shahbaz [25]Angola1971–2009The VECM
Granger causality test
Electricity consumption, urbanization, and economic growthThere exists a bidirectional causality between electricity consumption, economic growth, and urbanization.

10Zachariadis and Pashourtidou [26]Cyprus1960–2004Time series analysis techniquesElectricity consumption, the residential and the services sectorsThere exist long-term elasticities of electricity consumption above the residential and the services sectors.

11Pao [11]Taiwan1990–2002Statistical modelsElectricity consumption, national income, population, GDP, and CPIPOP and NI influence electricity consumption the most, but GDP the least.

12Zhang et al. [27]China1985–2010Principal component analysisElectricity consumption, industrial factorsThere exists a positive correlation between electricity consumption and industrial factors.

13Meng and Niu [28]China1990–2007Partial least square modelingElectricity consumption, gross domestic product of industryThe primary and the secondary industry take more electricity consumption increasing than the tertiary one.

14Shahbaz et al. [29]United Arab Emirates1975–2011The VECM
Granger causality
Electricity consumption, CO2 emissionsThere exists a negative correlation between electricity consumption and CO2 emissions.

15Cowan et al. [30]The BRICS countries1990–2010Panel causality analysisElectricity consumption, CO2 emissionsThe differing results have been achieved for the BRICS countries.