Energy Consumption and Economic Growth: The Mediated Moderator

Abstract:

Technical progress plays an important role in energy consumption promoting the economic growth, and fixed asset investment plays a moderating effect on energy consumption promoting economic growth. This paper studies the intermediary effect of technological advances and the moderating effect of fixed asset investment in energy consumption promoting economic growth. With the acquisition of time series 2002-2011 data, using hierarchical regression method, the intermediary effect and the moderating effect are tested. The results show that: the intermediary effect of technological progress in energy consumption and economic growth is significant, and moderating effect of fixed assets investment in energy consumption and economic growth plays the role completely through the intermediary variable technological progress.

• Periodical: Advanced Materials Research (Volumes 962-965)
• Pages: 2161-2164
• DOI: https://doi.org/10.4028/www.scientific.net/AMR.962-965.2161
• Online since: June 2014
• Authors: Hui Liu, Chuan Mei Wang*
• Keywords: Economic Growth, Energy Consumption (EC), Fixed Assets Investment, Mediated Moderator, Technical Progress

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DOI: 10.1111/j.1559-1816.2012.00910.x