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Translog function in government development of low-carbon economy

 et    | 30 déc. 2021
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Fig. 1

Proportion of various types of global energy
Proportion of various types of global energy

Fig. 2

Logistics operations
Logistics operations

Fig. 3

Ridge plot of independent variables
Ridge plot of independent variables

Fig. 4

Relationship between R2 and K value
Relationship between R2 and K value

Fig. 5

Output elasticity of different energy elements
Output elasticity of different energy elements

Fig. 6

Alternative elasticity of different energy elements
Alternative elasticity of different energy elements

Fig. 7

Differences in technological progress of different energy elements
Differences in technological progress of different energy elements

Fig. 8

Comparison of grey forecast results of total energy demand
Comparison of grey forecast results of total energy demand

Fig. 9

Forecast of coal supply and demand
Forecast of coal supply and demand

Fig. 10

Forecasting trend of oil supply and demand
Forecasting trend of oil supply and demand

Fig. 11

Forecast of natural gas supply and demand
Forecast of natural gas supply and demand

2009–2018 Total Energy Demand Forecast Training

Years Observations (10,000 tons) Predictive values (10,000 tons) Absolute errors

2009 6066.61 6066.61 0
2010 6689.92 7086.67 −496.76
2011 7624.47 7282.94 241.62
2012 7222.49 7486.7 −262.21
2013 7619.28 7694.1 −74.82
2014 8226.41 7908.21 417.1
2015 8866.67 8128.48 728.19
2016 8268.42 8264.78 12.66
2017 8416.26 8687.28 −171.12
2018 8402.46 8826.46 −422.99

Ridge regression estimation results

Variable Regression coefficients Standard error of regression coefficients Standardized regression coefficient T Statistics VIF value

ɛ 7.1422 2.2547 0 1.8212
γ0 0.154 0.0907 0.1477 1.7981 0.9458
γ1 0.0297 0.0417 0.0287 0.07127 0.2795
γ2 −0.0454 0.1125 −0.0242 −0.2999 0.2755
γ3 0.0778 0.0559 0.0487 1.1929 0.1787
γ4 0.0271 0.0197 0.0877 1.8928 0.0159
γ5 −0.0072 0.0272 −0.0175 −0.1792 0.2821
γ6 0.0044 0.0022 0.0522 1.9572 0.0202
γ7 0.0045 0.0017 0.1022 2.7272 0.2989
γ8 0.014 0.0285 0.0227 0.2728 0.2012
γ9 0.0049 0.0027 0.0725 1.2102 0.2472
γ10 0.007 0.0024 0.109 2.8871 0.5895
γ11 0.0024 0.0022 0.041 1.0977 0.047
γ12 −0.002 0.0089 −0.015 −0.2275 0.2097
γ13 0.0075 0.0052 0.0728 1.4277 0.0482
γ14 0.0145 0.0074 0.1802 2.2487 0.2471
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Langue:
Anglais
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Volume Open
Sujets de la revue:
Life Sciences, other, Mathematics, Applied Mathematics, General Mathematics, Physics