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A Study On The Investment And The National Economy Development During The Economy System Transition

Posted on:2005-02-06Degree:DoctorType:Dissertation
Country:ChinaCandidate:H Z ChenFull Text:PDF
GTID:1116360125460472Subject:Agricultural Economics and Management
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As a basic factor of the national economy, investment plays atremendous role in consistent, stable, fast and normal development ofthe national economy. According to the comprehensive statistical information of Shandongand other provinces over the years, we used such software as SAS, EXCELetc., to analyze the investment activities and their promoting role inthe national economy development systematically by the Normative AnalysisMethod, the Positive Analysis Method and the Game Theory Method. Thecontents are: introduction, the meaning of investment and its decisiveprinciples, the contribution of the investment to the national economydevelopment, the general analysis of the investment in Shandong province,the establishment of appropriate investment scale and rate, theinvestment structure and its optimization, the effect of investment andits promoting measures, and the finance system reform and its policies.The major conclusions are as follows: ⑴ There is an inner, inevitable connection between investment andthe development of national economy. They restrict and promote each other,especially during the economy-accelerating period. Since China'sreforming and opening up to the outside world, it is the investment thatmainly promotes the national economy to grow fast. Since 1980, the averagecontribution rate of the investment demand to national economy growth is52.17%, which is 11.43% higher than that of the consumption demand, and45.08% higher than that of the net export. The investment demandstimulates the national economy to increase by 6.32% annually, which is1.53% higher than the consumption demand, and 4.79% higher than the netexport. Compared with consumption and net export, the roles of investment 5陈 汉 臻:转 轨 时 期 投 资 与 国 民 经 济 发 展 研 究in economy growth show not only from demand, but also from supply. In theshort term, substantial capital, labor force and material resources aretaken up by investment. It cannot increase supply, but is only an importantfactor affecting the total demand. However, in the long term, after theinvestment projects are established, they can offer plenty of merchandiseand service for a long time. In other words, investment increases thesocial supply. On the basis of qualitative analysis and with theinput-output table of Shandong province in 1997, we made a quantitativeanalysis of the influence of investment on the national economy demandand supply. The results show: if the department technical-economicconnection is constant, every ten billions Yuan is added to the investmentof fixed assets, the general output increases by 28.9 billions Yuan, GDPby 8.86 billions Yuan and the payment for laborers by 3.47 billions Yuan.It means a corresponding increase of 0.556 millions employment posts and2.3 billions Yuan consumption demand. ⑵After China's reforming and opening up to the outside world, theinvestment construction in Shandong province has developed into a newperiod, wherein the investment scale has been extended promptly, theinvestment structure optimized step by step, thereby the investmenteffects have an obvious improvement. Its basic features are the increasein the long term, the fluctuation in a short period, and diversificationof the investors day by day. By the mathematical model analysis, wediscovered that the investment course of Shandong went through three longperiods in the past 20 years. The first period, from 1979 to 1982, wascharacteristic of the yearly decrease of investment growth rate. Thesecond period, from 1983 to 1990, showed that the investment increasedquickly in the first half period (1983-1984) and decreased fluctuantlyin the last half period(1985-1992). The third period, from 1991 to2001,was characteristic of the fluctuation at the higher level of the 6山 东 农 业 大 学 博 士 学 位 论 文growth rate. The fourth period started from 2002. Every period, w...
Keywords/Search Tags:investment and national economy development, appropriate investment scale, investment structure, investment benefit, the investing and financing system
PDF Full Text Request
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