Computer Aided Regression Analysis of Synergistic Effect of Energy Industry

Abstract:

In this paper, we try to find out the synergistic effect between energy industry investment and economic development. Based on the objective, with computer aided method, we choose the statistic data of energy industry investment and GDP of China from 2001 to 2011, use econometrics software Eviews 5.0 and least square method to build the linear regression model between energy industry investment and GDP. The result shows that there exists a linear correlation between energy industry investment and GDP; moreover, energy industry investment is more influential than the GDP.

• Periodical: Applied Mechanics and Materials (Volumes 543-547)
• Pages: 4667-4670
• DOI: https://doi.org/10.4028/www.scientific.net/AMM.543-547.4667
• Online since: March 2014
• Authors: Jiong Wei Chen*, Guo Ping Cheng
• Keywords: Computer Aided, Eviews 5.0, Least-Square Method (LSM), Linear Regresstion Model, Regression Analysis

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