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Analysis On The Investment Efficiency Of Physical Capital In The Western Region

Posted on:2016-06-01Degree:MasterType:Thesis
Country:ChinaCandidate:H GuoFull Text:PDF
GTID:2279330470956262Subject:National Economics
Abstract/Summary:PDF Full Text Request
In new period of China’s economic development, economic development is from traditional labor and resource development and change of energy drive towards innovation drive. Since the1990s, the rapid economic development in western China, but in the western region has high investment high returns of the road, therefore in the context of the new investment efficiency analysis and evaluation in the western areas is particularly important.First of all, this paper analyzes the characteristics of physical capital in the western region in recent years, and emphatically from the amount of physical capital investment in the western region and incremental two different angles to analysis of the physical capital contribution to economic growth, come to the conclusion whether from the economic contribution to the total or economic incremental contribution, the contribution of investment to the western economic are gradually increasing, after2008years in the western economy increasingly dependent on investment. The physical capital investment and economic growth in the west know relationship, then in this paper, the western region of physical capital investment efficiency are analyzed. This part, based on cash flow AMSZ criterion of physical capital accumulation in the western region economy since2005, the investment of dynamic inefficiency. Then from the analysis of capital output ratio and ICOR explore the western region into a capital investment efficiency, with the increase of capital stock capital marginal output is declining, and rising capital-output ratio is very obvious, after2005investment condition began to deteriorate. But this did not represent different industries in western are all low investment efficiency, so the next, this article specifically from physical capital source of funds and the investment allocation between each industry on the western investment structure is analyzed, and the main industry of capital efficiency is calculated. This part concludes that in the western region, excessive dependence on the state budget funds of foreign capital utilization is insufficient, manufacturing, financial development level low investment is insufficient, to scientific research, technical services and geological exploration industry, the investment of education also needs to be improve. In the end of this article, according to the western region in the new period, we get the problems existing in the economic development, puts forward relevant countermeasures and Suggestions, in the western region needs to optimize investment structure, improve the investment efficiency. At the same time of actively increase investment opportunities. Efforts to improve capital allocation, optimizing the investment structure, moderately reduce the excessive accumulation of capital within the industry level of investment, increase the rate of capital to achieve gold industry investment level of capital stock.
Keywords/Search Tags:economic growth, Capital investment efficiency, Capital investmentstructure
PDF Full Text Request
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