Yunnan Fixed Asset Investment Growth (1980-2006)

The investment, the expense and the exportation are called the troika which fuel economic growth .As the main driving power , the investment in the fixed assets is playing pivotal role in the economy developing process. According to the Western economics multiplicator principle and the addend principle, there are the relations which mutually promotes and mutually restrict between the investment in the fixed assets and the economical growth.Based on the investment stimulation to economic growth, according to the actual situation of Yunnan economic development, from the perspective of investment in fixed assets , the paper analysed Yunnan scale of fixed asset investment growth, structural changes, investment returns, and the fixed assets investment affection to economic growth, and explore the direction which promote the fixed assets investment rationale growed. From the number of theoretical study and model about the domestic and foreign investment and economic growth, the paper makes a multi-angle analysis of the development of Yunnan's economy and the scale of investment, the investment structure . Using SPSS software and flexible methods, the paper make analysis between Yunnan investment and GDP . At the same time, made recommendations to Yunnan economic development.The main contant of this article as follow: First, from the theory of domestic and foreign, the paper presents and analyzes the role which fixed assets investment promotes economic development. Second, make the analysis about the growth between Yunnan investment and economic growth(1980-2006) . Third , impact analysis were done about Yunnan fixed asset investment to economic growth. Forth, the analysis about Yunnan structural changes of investment in fixed assets. Fifth, the paper presents the major problems in Yunnan investment, such as the total lack of investment, investment unreasonable industrial structure, the imbalance in investment, the investment structure is not consistent with reproduction . Sixth, the paper made a reasonable think , from the investment scale and structure of investment, reform of the investment and financing systems, a diversified capital market system, the transformation of government functions, innovation government investment, and increase investment in science and technology education, investment in a reasonable distribution of space configurations, the investment policies for the western countries development, acceleration the GMS region Domain investment and cooperation in the promotion of economic growth in Yunnan Province.