Author(s)

Chenchen Hu ¹

Affiliation(s)

¹ Department of Economics, Capital University of Economics and Business, Beijing, China

Corresponding Author

Chenchen Hu

ABSTRACT

New-quality productivity is the transformation of traditional productivity to adapt to the new stage of development. Based on the relevant data of 27 provinces and cities in China from 2010 to 2022, this paper establishes a benchmark regression model to empirically analyse the correlation between energy consumption and economic growth in China. From the perspective of new quality productivity, the decline of GDP has an obvious promotion effect on economic growth. On this basis, from the perspective of new quality productivity, policy suggestions are provided to promote the structural transformation of China's energy consumption and achieve high-quality development.

KEYWORDS

New quality productivity; economic growth; energy consumption; marginal effect

CITE THIS PAPER

Chenchen Hu, Research on the impact of energy consumption on economic growth from the perspective of new quality productivity. Industrial Engineering and Innovation Management (2024) Vol. 7: 164-170. DOI: http://dx.doi.org/10.23977/ieim.2024.070421.

REFERENCES

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[4] SONG Jia, ZHANG Jinchang, PAN Yi. The impact of ESG development on firms' new quality productivity: empirical evidence from Chinese A-share listed firms [J]. Contemporary Economic Management, 2024, 46(6): 1-11.
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[7] Zhou ZQ. Research on the impact of green technology innovation on the decarbonisation of energy consumption in the context of 'double carbon' - an empirical analysis based on five northwestern provinces [J]. Commercial Exhibition Economy, 2024(6): 155-158.
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