TITLE:
Research of the Government Optimal Decision-Making of Energy Consumption
AUTHORS:
Yang Li
KEYWORDS:
Economic Growth, Energy Consumption, Dynamic Optimization, Association Analysis, Government Control
JOURNAL NAME:
Modern Economy,
Vol.13 No.8,
August
16,
2022
ABSTRACT: A dynamic optimization model and association
analysis of data mining are used to analyze the main factors affecting the
energy consumption decision of local government and the relations among those
factors from the theoretical and empirical perspectives. The findings show that
the energy consumption decisions of local government will vary in cycles along
with local government political shuffle for gaining a better performance
evaluation, and there is a deviation between the energy consumption decisions
made by local government and the long-range energy consumption control policies
of central government. To solve this principal-agent problem between central
government and local government, a more scientific constraint encouraging
mechanism and overall consideration of regional economic development mechanism
should be designed to eliminate the difference between the short-run optimal
energy consumption control decision of local government and the long-run energy
policy of central government.