Assalam o Alaikum to all,
I have one question that is it possible to apply the concept of mediation and/or moderation (i.e Structural Equation Modeling SEM) while testing the asymmetric effect of macroeconomic variable on economic growth? If yes, then which model would be suitable to apply for capturing the mediation/moderation on this asymmetric effect? If no, then any suggestion to mould my model and done my research.
Thanks.
If you can label for basic mediation models with 3 transverse variables (3 columns) it is only necessary that the variables are correlated, there are models of moderate mediation, for example with the program PROCESS or another little known and free is JAMOVI. In models that include continuous or categorical moderators.
Check these articles:
1. Fairchild, A. J., & MacKinnon, D. P. (2009). A general model for testing mediation and moderation effects. Prevention science : the official journal of the Society for Prevention Research, 10(2), 87–99. https://doi.org/10.1007/s11121-008-0109-6
2. Fairchild, A. J., & McQuillin, S. D. (2010). Evaluating mediation and moderation effects in school psychology: a presentation of methods and review of current practice. Journal of school psychology, 48(1), 53–84. https://doi.org/10.1016/j.jsp.2009.09.001
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