Analysis of the Volatility Factors of Energy Consumption—Based on the Threshold Quantile Regression Model

By using threshold quantile regression model, the correlations of energy consumption volatility with growth are described and tested. Empirical evidence shows that there is a significant relationship between volatility and growth, and the patterns of correlation vary asymmetrically. With the regimes, it is also concluded that the regime with middle growth and volatility lasts longer and keeps stable, which means that Chinese energy consumption has gone into the stable and proper growth stage.