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2018
DOI: 10.3390/su11010099
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Analyzing and Forecasting Energy Consumption in China’s Manufacturing Industry and Its Subindustries

Abstract: In the context of new industrialization, the energy problem being experienced by the manufacturing industry has aroused social concerns. This paper focuses on the energy use of 27 subindustries in China’s manufacturing industry and it develops an energy consumption index for 1994–2015. Subsequently, the method of grey relational analysis is used, with the full period divided according to years in which change points occur. The empirical analysis indicates that the energy consumption indexes generally exhibit a… Show more

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Cited by 9 publications
(8 citation statements)
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References 62 publications
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“…Because the maximum deviation method can objectively determine the weight of the indicator, it is mainly used for multi-attribute decision-making (Sun et al 2019). The distribution of index weight can directly affect the rationality of the indicator setting, so the correct application of this method is of importance.…”
Section: Maximum Deviation Methodsmentioning
confidence: 99%
“…Because the maximum deviation method can objectively determine the weight of the indicator, it is mainly used for multi-attribute decision-making (Sun et al 2019). The distribution of index weight can directly affect the rationality of the indicator setting, so the correct application of this method is of importance.…”
Section: Maximum Deviation Methodsmentioning
confidence: 99%
“…A grey prediction model is an effective tool to deal with small sample prediction problems, and requires fewer basic data with high accuracy [57,58]. The common gray prediction model is GM (1,1), which has no specific requirements for sample size, and can be used to research future time distributions for specific time intervals.…”
Section: Gray Predicted Model (11)mentioning
confidence: 99%
“…Grey system predictive modeling is used to transform the actual value of a phenomenon in a certain time series into a differential equation, thus establishing a development model of the abstract system [46][47][48][49]. Under the circumstances, it is more reasonable to use the grey model to predict the economic polarization level of Jiangsu Province.…”
Section: Forecast and Warning Of Economic Polarizationmentioning
confidence: 99%