Analysis On The Pulling Of Fixed Assets Investment In Yangtze River Delta Urban Agglomeration To Economic Growth

Urban agglomeration is an important characteristic of the regional economic development of our country, and it is also the main body of new urbanization advance countries. In order to further enhance the overall strength and international competitiveness of the Yangtze river delta urban agglomeration, the state council issued on guidance about its economic and social development as well as the reform and opening up, which is another important measure to carry out overall strategy of regional development of urban agglomerations, and promote steady and rapid economic development of the country. This opens up a new era of the construction of the Yangtze river delta urban agglomeration.Investment in fixed assets is one of the main force to promote the growth of the economy, and it is also an important means of macro control. The relation problem between the investment and economic growth has been an important content of economists both at home and abroad, and the development of economic globalization and regional economic integration also put forward higher request to the content and forms of investment, however the relation is not the same in the urban agglomeration. Therefore in the process of the Yangtze river delta urban agglomerations construction, pull effect on the growth of investment in fixed assets is worth further exploration, and it can provide guidance on how to improve urban agglomeration economy construction and the investment benefit.In this paper, there are five chapters, the first chapter is introduction, mainly includes the research background and significance, literature review, methods, contents and innovative points. The second chapter mainly reviewed the relevant theoretical research about urban agglomeration economy and the relationship between investment and economic growth on the basis of defining the concept of urban agglomeration, investment, economic growth, which provides theoretical support for this article. The third chapter mainly compares the situation of investment in fixed assets of Yangtze river delta with the other two urban agglomeration through descriptive statistics to analysis, finding that in the Yangtze river delta has the advantage on economic development and benefit of investment in fixed assets, also pointing out that in Yangtze river delta there are economic development and the problems existing in the fixed investment changes. The fourth chapter is mainly about the empirical research on the effect Yangtze river delta pulling on economic growth of investment in fixed assets. By introducing a control variable and setting up models it can be studied that there is cointegration relationship between GDP and total investment in fixed assets, it concludes to the long-term equilibrium relationship and short-term error correction model of a dynamic relationship, and then analyzing industrial structure from the investment main body structure to empirical pull effect on the growth of investment in fixed assets through the cointegration analysis. The fifth chapter is mainly to put forward policy suggestions on solving the problems to the process of the fixed assets investment and economic development of Yangtze river delta, in order to promote more healthy normalized economy development of the Yangtze river delta.