The Empirical Research Of Infrastructure Investment’s Contribution On The Regional Economic Development In Xinjiang

Infrastructure as an important part of social economy, it plays a vital role in theeconomic development. Good infrastructure condition can provide the guarantee forsustained economic growth, backward infrastructure will become the bottleneck ofeconomic development.Xinjiang has two aspects of the development opportunity in the new century,one is the deepening of reform and opening up,that including the Kashi specialeconomic zone..And the other is the resource tax reform. This has abundantsXinjiang’s fiscal revenue.Research on infrastructure were derive from the problems of economic growth.Development economists see the infrastructure as the carrier of economicdevelopment, the investment on infrastructure as a financial means for thegovernment to regulate the economy, by the way deepened the infrastructureinvestment effect. We described the infrastructure’s meaning and characteristics basedon the economic growth theory, and showed the infrastructure investment’s directeffect,indirect effects and it’s mechanism.Based on the new classical growth theory, established a production function thatcan display the two kinds of function in separate, in this to calculate the infrastructureinvestment’s contribution degree on economic development in Xinjiang. The outputelasticity of the direct contribution was0.157, from1991to2010, the infrastructureinvestment’s direct contribution to the GDP of Xinjiang accumulated2502billionyuan. And indirect contribution is characterized by: Very doubled in xinjiang’sinfrastructure capital stock, will cause the nominal growth of technological progressby roughly1.5%.According to the characteristics that each district’s economic development andresource environment is different, vary district’s infrastructure investment’s efficiencyis compared in chapter five. Found that the resource type area and backward area’sinvestment efficiency is big than other areas,In the end, according to Xinjiang infrastructure investment’s problems,we hadmade some policy recommendations. To enhance the role of infrastructure investmentin xinjiang, we need to coordinate the proportion of infrastructure capital and other capital, at the same time, we need to coordinate rural infrastructure and urbaninfrastructure according to xinjiang’s urbanization progress. And coordinatingeconomic development and the environment,social relations to rational allocating theconstruction capital, and building the financing platform to attract private capital, etc.