Energy Consumption and Economic Growth: The Mediated Moderator

2014 ◽  
Vol 962-965 ◽  
pp. 2161-2164
Author(s):  
Hui Liu ◽  
Chuan Mei Wang

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.

2020 ◽  
Vol 17 (1) ◽  
pp. 30-42
Author(s):  
Sri Suartini ◽  
Dian Hakip Nurdiansyah ◽  
Sheli Rosdayanti

The purpose of this study to determine how much influence of fixed asset investment vehicles against profitability CV. Parahyangan Express Karawang Branch. This research uses a descriptive verification method with a primary data source that is a financial report CV. Parahyangan Express Karawang Branch period 2007 to 2016. The result of this research is r average investment value CV. Parahyangan Express in the period 2007 until 2016 tends to decrease, the average value of profitability CV. Parahyang n Express in the period 2007 to 2016 tends to decline. Based on test results t comparison t arithmetic with t table showing 2.840> 2.093 t count more than t table. vehicle fixed asset investment has a significant effect on profitability in a CV. Parahyangan Express. The percentage of influence of fixed asset investment of 30% means 30 % development of profitability CV. Parahyangan Express is influenced by in-kind fixed assets while 70 % is influenced by other factors not examined in this study.


2013 ◽  
Vol 1 (3) ◽  
pp. 263-272
Author(s):  
R. Aditya M. Karnawiredja ◽  
Lukman Hidayat ◽  
Marwan Effendy

The purpose of this study was to determine the effect of the company's financial performance empirically, either partially or simultaneously to the fixed asset investment. Ratio used to look at the financial performance is return on investment (ROI) and total assets turnover (TATO). The research method used in this research is descriptive method, the method of research which not only gives an overview of these phenomena, but to explain relationships, test hypotheses, make predictions and find meaning and implications of a problem is solved. The data used are secondary data and processed data the authors. This study analyzes the relationship between ROI, TATO and fixed asset investment. The statistical method used is multiple linear regression and tested significance.  These results indicate that the variable ROI and TATO simultaneous significant effect on the investment of fixed assets. Tests showed that the partial and variable ROI TATO significant effect on the investment of fixed assets.   Keywords: Return On Investment, Total Asset Turnover, Fixed Asset Investment


2020 ◽  
Vol 2020 ◽  
pp. 1-10
Author(s):  
Chunguang Ma ◽  
Hongjun Bei ◽  
Chuner Wang ◽  
Guihua Chen

In this paper, we use the data of China’s manufacturing listed companies from 2009 to 2018, adopt the method of propensity score matching and double difference (PSM-DID) to solve the sample’s selective bias, and select the accelerated depreciation policy of fixed assets issued by China in 2014 as a quasi-natural experiment to verify the robustness of the empirical results, which will affect the R&D investment of manufacturing enterprises and the structural tax reduction of China. This paper makes an empirical study on the effect of fixed asset investment to restrain the financialization of manufacturing enterprises. The results show that (1) accelerated depreciation policy of fixed assets significantly promotes the R&D investment and fixed asset investment of enterprises and reduces the level of enterprise financialization; (2) accelerated depreciation of fixed asset local tax policy, through guiding the R&D investment, fixed asset investment, and deferred income tax acquisition of enterprises. It guides the investment of enterprises to the real economic field, thus reducing the financial assets of enterprises. The investment has restrained the financial trend of real enterprises. The conclusion of this paper is of practical significance to support the formulation and implementation of the national structural tax reduction policy and to clarify the regulatory role and mechanism of the structural tax reduction policy.


2014 ◽  
Vol 9 (2) ◽  
pp. 115-121 ◽  
Author(s):  
Ana Horta ◽  
Harold Wilhite ◽  
Luísa Schmidt ◽  
Françoise Bartiaux

Energy consumption inconspicuously bridges nature and culture. Modern societies and cultures depend on intensive energy use from the extraction of natural resources. In fact, the industrialization process required large amounts of energy, but main sources such as oil and coal, have been gradually depleted and found to be heavily polluting the environment. Despite their environmental impacts, these resources have provided cheap and abundant power to fuel technological progress and economic growth. (See Agustoni and Maretti [2012] for a good historical summary of the relations between energy production and usages.)


2020 ◽  
Vol 3 (3) ◽  
Author(s):  
Zhenzhen Liu

Nowadays, it has been in the period of rapidly developing China’s economy. Since the financial crisis in 2008, China has paid more and more attention to investing in fixed assets, and the growth rate of investing in fixed asset is also rising. However, when promoting regional economic growth, if we only pay attention to the total amount of fixed asset investment, there will inevitably exist some blindness and lack of sustainability. Therefore, the study between the investment structure of fixed assets and regional economic growth is quite important. China has a vast territory and many regions. The investment structure of fixed assets in different regions is also different, so the influence on economic growth is also different. This paper analyzes the investment structure of fixed assets and regional economic growth, and help realize the rapid growth of regional economy by recognizing the current situation of China's investment structure of fixed assets.


2019 ◽  
Vol 7 (1) ◽  
pp. 108-130 ◽  
Author(s):  
Xiao Kong ◽  
Feng Feng

The Chinese economy has achieved great success in both stability and sustained growth since the market economy was established. This paper seeks to explain that success by evaluating China's fiscal policy. It starts by testing two hypotheses derived from Keynesian economics. First, it seeks to determine whether China's economic regulations act against the business cycle. Second, it aims to understand whether China stimulates economic growth through a deficit policy and strong government fixed-asset investment. Based on a Hodrick–Prescott filter technique combined with cross-correlation analysis and a Granger causality test, we suggest that fiscal policy in China is generally counter-cyclical and achieves its desired effects. Further analyses using a co-integration model and the impulse response function confirm that government fixed-asset investment enhances China's economic growth. These empirical findings indicate that China's fiscal policy matches the basic policy orientation of Keynesian economics and is closely associated with its economic success. We also identify some new findings that contradict Keynesian claims: China's economic growth responds positively to taxation, which we attribute to taxation's function in promoting appropriate resource allocation. We believe our study provides empirical support vindicating China's fiscal policy.


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