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Studies On Promoting Effect Of Infrastructure Investment On Economic Growth

Posted on:2004-04-22Degree:DoctorType:Dissertation
Country:ChinaCandidate:L W LiuFull Text:PDF
GTID:1116360092991364Subject:Industrial Economics
Abstract/Summary:PDF Full Text Request
Infrastructure is a matter of foundation involving product and development, quality of resident1 s life and social welfare. It's status and function is taken great seriously by nearly all government and economist in economic development.He fore the 1940's,infrastructure isn't used as a specialized research object to take into the research in the theories of economics. The research on infrastructure mostly concentrated in the aspect of relation between infrastructure and wealth to increase, business, foreign trade. Infrastructure became an independent economic category till the end of l940's. Thereafter, the development economists began to proceed the a large quantity research on the important function that supply of infrastructure makes to the economic growth in the developing countries. They thought that infrastructure was one of the composing parts promoting the economic growth, whether relation between infrastructure and investment of production moderate or not influence the speed of economic growth . Later on ,the nearly all government start to be aware of the important function infrastructure on solving population , reducing of poor ?promoting international competition, diversification of production and environment -al protection, and put work to develop infrastructure to first in government's busine -ss, and started to a large quantity of reform in realm of infrastructure .After 1990's , economists increasingly research problem of infrastructure .The researches concentrate on the problem of infrastructure that how to promote the performance of economic development and begin to calculating analysis on the function of infrastructure in the economic growth.However, a comparatively complete and authoritative system of scientific theories about the research of infrastructure has not be founded till now. The specialized research on the function that infrastructure investment drives economic growth is seldom seen.The thesis aims at doing qualitative and quantitative analysis on function that infrastructure investment promotes economic growth, offering actuality of investment decision to government and investors.Since nearly half a century, development of socialism economy in chinaexperienced three periods. They are the high degree concentrating planned economyperiod, economy system transformation period and socialism market economy period.In the planned economy period, infrastructure investment in China serious lack," owe" too many. In the economy system transformation period, with the reform and8opening to the outside world continuously deepening, the material produces continuously abundant and product supplies are prosperous, but the supply of infrastructure is not able to satisfy the demand of economic growth. And it causes the foundation bottleneck" to emerge . Recently years, with establishment of the socialism market economy, the infrastructure investment has made great progress, and the investment efficiency has also been enhanced. However, the service of infrastructure is not able to satisfy the demand of economic growth, facing up to demand of strengthening international competition ability and building a well-off society in an all-round way. The Chinese infrastructure investment's scale too small, it's construction's unreasonable and investment system's irregularity, infrastructure investments still need to continuously enhance, investment system to still need to be reformed continuously in china. So studying to infrastructure investment is beneficial to formulate reasonable police of investment and the system arrangement. Choosing the topic of the essay lies in the consideration.The essay totally contains seven chapters. Besides the introduction and the conclusion and problems need further to study, other chapters include basic theories of investment and economic growth, function that infrastructure investment promotes economic growth, actual condition and problem about infrastructure investment in china, quantitative analysis about function that infr...
Keywords/Search Tags:Infrastructure Investment, Driving Function, Econometric Analysis
PDF Full Text Request
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