Relationship Between Energy Consumption and Industrial Output-Based on GMM Model of Dynamic Panel Data in China

At present, China is in the historical intersection period of "two centenary" goals. The realization "carbon neutral" goal has brought new opportunities for development China's energy sector. Based on GMM estimation method dynamic panel model, this paper studies relationship between consumption and industrial output by using provincial data from years 2008 to 2018. results show that impact coal tends be declining during sample period. However, compared with other consumption, it still dominates a larger proportion. Oil negative arrival production bottleneck improvement technology level. As secondary energy, electricity an important output, which main variable significantly positive. Other variables have significant positive effects output. In paper, we obtain countermeasures suggestions such as giving full play decisive role market, improving innovation environment field speed up transformation old kinetic energy.