The Investment Research In The Strategy Of The Middle Area Rising

"The bull's tripe theory",provided by Professor Zhang Peigang ,a famous developing economist, indicated that the middle area (and the west area) is important to taking the entire Chinese economy off. The economical "caves" in the middle area urges researcher pondering ,this article drew out from "the bull's tripe theory" of Professor Zhang Peigang that the investment is the "lever"which can promote the economy of the middle area to take off.Recent years the research of the middle area have gradually been more, especially after 2004, under the Chinese Central Party Committee and State Council paying more attention than ever. With the implementation strategy of "the promotion to the middle area rising",the related literature of the middle area often renews, and the middle area even becomes the hot spot of scholarly research.In regarding with the middle area scholarly research achievement,some consistent view has obtained, for example: six provinces in the middle area are large agricultural provinces;some cities are old industrial bases;the agricultural proportion is high in the middle area;industrialization level is lower;the product competitive ability isweaker;the urbanized advancement is slow, but massive talented people, capital, labor force furtheriy outflow which hindered the urbanized advancement;the low market degree,high proportion of state-owener enterprises, insufficient vigor of private enterprises and the foreign enterprises, backwardness reform of market economy, and so on.Some views are not only inconsistent, even directly opposes,especially in the ways of promotion to the middle area rising is widely divergent.The traditional economics representing by classical or the neoclassic economics which owe the undeveloped area to development question, mainly rigidly adheres to how to fully use and effective display market function.Compared with the relative advantage theory, the gradient shift theory, the backwardness advantage theory and the technical study theory are these four kinds represents.This article elaborated these four kinds theory, while stresses their disadvantage to instruct the economical development question in undeveloped area.Its conclusion is obvious.The traditional economics representing by classical or the neoclassic is limited to solve the economical question function, even bring extremely bad consequence,then the middle area will neve rise for ever.This article first introduced the general economy growth theory in the third chapter.The decisive factors to economy grows are very many, may differentiating for the direct factor and the indirect factor.The direct factor mainly is the quantity of resources investment and the efficiency of resources use.The indirect factor refers to every factor which influences the quantity of resources investment and the efficiency of resources use.In the indirect factor, the most important factor has two kinds: one is the technology;the other is the institution.According to the analytic method,the principle of economical research usually holds the main question or the main principal aspect of the main question.After analysising the economy factors contribution from 1993-2004 and comparing with the national average level,therefore,we can obtains this article's subject:only investment,is important factors to the strategy of the middle area riseing.In the"fifth" plan of six middle provinces, the middle area all proposed the industrialization strategy as a core,taking the expanded investment as a method, and taking nearly half economic growth rate over national average to promote the economy as the goal. Through the econometrics model forecast, this article obtains that the middle area economy will possibilly maintain fast growth in the"fifth" period ,but, some contradictions also enlarge restriction factor rises in the middle area strategic rising.The classical economical growth theory representing Adam Smith has already realized the direct ratio between the accumulation of capital and the economic growth rate.The accumulation of capital quantitysize is the key to economic growth rate. The school of Classical and Neoclassical economist extremely emphasized the function of investment to the future supplies.The economy will grow or deliver enhancement, and enormously relied on extra production obtaining.In other words, the investment will have to surpass the depreciation or amortizes of the existing property. Certainly, the Keynes' principle of modem economy growth theory had also affirmed the investment and the direct relations with economy grow.The developing economists have profound understanding to capital function in the developing nation. The main discussion concentrates on the outlet to impoverish developing nation and get rid of poverity. The similar viewpoint all believe that, the standing economical growth, the lowly income is the impoverished reason in developing nations, but the hindrance of economical development or restraint condition lying in scarce capital or the investment, is the largest restraint condition. In order to get rid poverity, we should enhance the investment rate. The "takeing off theory" writen by Rostow, the poverity vicious circle theory and the circulation accumulation causes and effects theory ,are three representative three kinds of theory. This article gave the positive analysis of the investment in fifth plan,which confirm the article subject:only enlarge investment in the middle area.Under the thought of increasing investment in the middle area, the middle area will further attract the foreign capital and continue insuck the industrial shift of the eastern area, and certainly step a newstair, with the promotion and related necessary policy appearing. The middle area will take off with comprehensive impetus to the middle area economy.The promotion to the middle area rising, is the significant strategic decision of the Chinese Central Party Committee and the State Council, and is the implementation of the comprehensive science development view. Under the science development view instruction,the middle area will positively echoes the "three"strategy on own initiative key while solving each kind of the region coordinated development problem.Then the "two general situations" proposed by Deng Xiaoping will certainly change into reality.