Study On The Relationship Between Private Investment And Regional Economic Growth

Private investment as an integral part of investment in fixed assets plays an important role in promoting regional economic growth. On the western region, since the western development, the development of private investment is very rapid, gradually over state investment has become an important part of the western region of fixed asset investment in the western region to promote economic growth plays a huge role in private investment becoming one "booster" western regional economic growth. In view of this, the relationship between this paper, the western region private investment and economic growth as the object of study, private investment and promote economic growth mechanism, to ensure the realization of the western region’s economic growth target for the development of regional coordination to provide important protection. Based on a review of relevant literature on the first defines the concepts of private investment and economic growth, private investment and the interaction mechanism and economic growth built from both demand and supply; Next, Based on the Private Investment in Western Region Current distribution and economic growth analysis, but also on the basic performance of private investment and economic growth in the summarized; Thereafter, the paper 2006--2014 years of panel data in western China 12 provinces (municipalities and autonomous regions) of private investment and GDP of the relationship between the two empirical analysis, we find the western region of private investment to promote the economic growth of more significant, while the western region’s economic growth did not significantly enhance the development of private investment; Finally, after a combination of theoretical and empirical analysis in front of the western region for private investment to promote economic growth, put forward a number of policy recommendations targeted.