The Statistical Analysis Of The Interactive Relationship Between Fixed Assets Investment And Economic Development Of Hebei Province

Fixed asset investment is the primary means of social reproduction. Through the construction and purchase, fixed assets in the national economy adopt advanced technology and equipment constantly, impact the establishment of new departments of industrial structure, further adjustment of economic structure and productivity of the regional distribution, then enhance the economic strength and improve people's material and cultural life of the material conditions. Hebei's economic development has shown the typical features of investment-led. As industrialization and urbanization process accelerated, investment on the economic growth will continue to exist in a given period. The first decade of the 21st century is a crucial period of the national economy to realize modernization of Hebei Province. How to maintain an appropriate scale of fixed assets investment, set reasonable fixed assets investment structure, and increase the quality of fixed assets investment to ensure the economic and social goals, which is a major issue to be resolved about the current Hebei's macroeconomic management and regulation of the regional economy. Therefore, it is necessary to research more detailed the relationship between economic development and fixed investment assets in Hebei Province.This article, from the perspective of theoretical and empirical analyses, focused on the impact and role of the fixed assets investment in economic development in Hebei Province. Using method which is the qualitative analysis and the quantitative analysis unify: the qualitative analysis begins from the statistical data, in view of the Hebei Province investment in the fixed assets total quantity scale, as well as the structure of investment and economic development's interactive relations, carrying on the analysis, simultaneously doing surveys and forecast which will reflect fixed assets investment level and the economic development association dispatcher, making analyses about the coordination degree of the relationship in depth.The analysis shows the scale of fixed assets investment in Hebei Province and the present stable equilibrium relationship among economic development, and that present bidirectional Grainger causal relationship. Fixed assets investment has significant role in stimulating economic development, and the development of economic has largely affected the level of fixed assets investment. Through cooperating the dispatcher reckoning, the coordinated condition between fixed assets investment and the economic development is good, presenting the tendency through which the forecast discovery coordinated degree drops year by year. According to the research conclusion following policy, propose suggested:Hebei Province must continue to expand the investment, maintain the investment long-term stability growth; encourage the non-state economy to invest the multi-domains, the multi-channel participation economic developments; optimize investment industrial structure; raise the investment in the fixed assets benefit, and promote the coordinated development of investment and economy.