Empirical Analysis Of Investment Level And Investment Efficiency Change In China

In recent years, with the acceleration of fixed assets investment and the rate of investment highness more and more people begin to denounce the grow pattern in our country. Yet most of the judgment is lack of precious theory support and model demonstration which base their estimation on the simple numeral comparison with other countries. By means of multi-methods the author test the efficiency of investment and find that so called "over investment "or "excess capital acceleration" problems are inexistence. The fact is that capital investment far blow steady state and the fundamental reason is the continuing improvement in the efficiency of investment.At first the author introduce some related concept about investment and the different caliber in the statistics data . Then give a summarize of some research paper in this fields as well as the policy background and history transformation of the investment .Chapter three in the apply some gross index the author put the opinion on the level and efficiency of the investment .And then through the AMSZ rule and the comparison of capital margin productivity with accrual rate ,test the dynamic efficiency of the economic in our country and prove that at present the capital capacity is far beyond excellent dimensions and the economic is dynamic efficient. At last the author give a reasonable explanation about the ascent of investment efficiency.