Research On The Relationship Of Fictitious Economy And Real Economy

It is the form and relationship of fictitious economy and real economy, make up the system of new modern economy. Real economy is the foundation for the development of social economy, and fictitious economy promotes or restricts the development of real economy. Fictitious economy is the base for the development of real economy, however, it also has a stand-alone law. Since 1970s, fictitious economy presented the vigorous development trend, driven by the economic global financial internationalization combinations. Along with the change of the structure of social economy, fictitious economy is becoming increasingly important in the social and economic development. History of that the world economy has proved that it is bad for the development of the social economy when fictitious economy is developing too fast or too slow. Research on the relationship between fictitious economy and real economy helps us understand the characteristics of the contemporary world economic development and run law.Research on the relationship between fictitious economy and real economy not only has a theoretical significance but also has the important practical significance. It was clearly put forward in the report of the sixteenth National Congress of the Communist Party of China that how to deal with the relationship between fictitious economy and real economy. The global financial and economic crisis which caused by the U.S. subprime mortgage crisis in 2007, has led to China’s fictitious economy and real economy a sharp shock wave, at the same time, has triggered the scholars pay more attention to the relationship of fictitious economy and real economic.How to coordinate the fictitious economy and real economy developments, how to control the scale of fictitious economy and real economy, and prevent the fictitious economy and real economy out of line, which will be a long and arduous task that China must to face in development of market economy.The paper consists of seven chapters, divided into three parts. It is the theoretical part of this paper from the first chapter to the forth chapter; the fifth and sixth chapters are the empirical part; The seventh Chapter is the strategy to promote and coordinate the stable development of fictitious economy and real economy.The first chapter is the introduction part. The main topic of this paper describes the purpose and significance, research status, research methods and structural arrangements and the main content. In the second chapter, we firstly review the definition of virtual capital and fictitious economy, then definite the fictitious economy, at last, introduces two important concepts, that is real economy and bubble economy. The third chapter analysis the theoretical relationship between fictitious economy and real economy. Fictitious economy is an important part of the social economy, and fictitious economy and real economy constitute the social economic activities. There is a close relationship between fictitious economy and real economy. The forth chapter analysis the relationship between fictitious economy and economy growth. On the basis of reviewing the theory of economy growth, we analysis the role of fictitious economy on the economy growth, as well as. fictitious economy, real economy and the relationship between economy growth. This is the key of this chapter for the subsequent analysis, this part of the theoretical basis.The fifth chapter analysis the structure relationship between fictitious economy and economy growth in the empirical point of view. In order to make the analyze more meaningful and get more informative results, this part is mainly from the international, U.S., China, three view to research the structure of fictitious economy and real economy.The sixth chapter from empirical point of view analysis the relationship between fictitious economy and economy growth in China. The research shows that real economy and fictitious economy exists a long-term co-integration relationship. Fictitious economy on investment and consumption, and fictitious economy has significant effects on the investment of the influence of greater influence than on consumption. Fictitious economy greatly impact the investments and the consumptions, and fictitious economy has greater influence on investments than on consumptions. The seventh chapter is policy analysis. On base of the analysis of the world economy trend and economy development situation in China, proposind the views and policies to develop the fictitious economy and real economy, in order to promote fictitious economy and real economy to coordinated and stable development.