China's Economic Growth In The Capital Effects

The capital is a starter of the reproduction and in the position of guide in each factor of production. It not only can promote the economic growth but also can glue other factors of production to make it play an important role. Our country will develop socialist market economy; the purpose is to make every factor of production carry on the rational disposition according to the equilibrium of supply and demand. The disposition of the factor of production belongs to the movement of the capital, so it is prerequisite and foundation of optimizing the economic structure to improve the capital and dispose efficiency.The capital is the important source of the enlarged reproduction, plays an important role to the economic growth. The function of the capital to economic growth not only in the expansion of the quantity, but also has a more impartment on economic growth in utilizing improvement of quality. Studying capital effect problems of economic growth of our country will improve the realization of capital role in our country's economic growth, it is more important to improve the quality of capital utilization, it make the economy of our country keep the long and steady development though changing from extensive style to intensive style. The positive research of the economic growth indicates that the downward trend appears to the contribution of the economic growth in the comprehensive ratio of factor productivity of our country and the utilization efficiency of the capital is lower although the ration between marginal capital outputs is higher. This has proved the style of economic increasing of our country has not really reached intensive growth yet. So making the rational policy, promoting the output efficiency of the capital and improving economic growth quality more effectively not only has important theory meanings but also has realistic meanings.This text divides five chapters altogether.Chapter one: The introduction. It has introduced the meaning of the economic growth and capital, has done comparative analysis to economic growth and economic development, and has briefly reviewed the formulation and evolution of the economic growth theory.Chapter two: Capital and economic growth, it is one of the theory emphases that this text studied. It has introduced the source and function of the capital; the necessity ofcapital accumulation and the social condition produced the function on the economic growth and the development of capital accumulation theory.Chapter three: Capital factors inputting of economic growth in our country, it studies capital investment to have influence on economic growth from capital total value and investment in fixed assetsChapter four: The analysis of capital efficiency of economic growth of our country, it is another emphasis point of this text. We find that there has the enormous cost of investment though the rate of economic growth is at a high speed in our country through analyzing of contribution degree for capital, the ration between marginal capital and output, capital investment efficiency, the capital disposition effects.Chapter five: The policy choice of economic sustainable growth of our country, in order to make the economy of our country keep the long and steady increasing constantly, we must come up with the reasonable policy through expanding capital accumulation, optimizing the financing mechanism mainly, modifying structure of optimizing and raising capital disposing effect and raising capital efficiency.The main innovation of this text lies in:This text analyzes dialectical relation of Capital , capital accumulation and the economic growth , points out the essential condition of capital accumulation., adopts the dynamic method to analyze the relation of investment in fixed assets and the economic growth, draws the conclusion that lagging effect of the investment in fixed assets is one or tow years; adopts the Chenery's resource distribution efficiency law to calculate the capital among the economic growth of our country and dispose efficiency while receiving, and analyzes the capital effect in the economic growth of our country.