Research On The Relationship Between Virtual Economy And Real Economy From The Perspective Of Marx's Virtual Capital Theory

Virtual economy is the product of highly developed market economy,it expanded the space of human economic activities,change the values of human economic activities and works,will produce important influence on the development of economic and social.Normally,the real economy is the foundation of the development of social economy,promote or hinder the development of the real economy and virtual economy as an extension of the real economy and virtual economy necessary supplement,the development of the real economy has a huge role in promoting.That is to say,the virtual economy should not only be based on the development of the real economy,but also have its own independent operating rules.Since the 1970 s,driven by economic globalization and financial internationalization,virtual economy has been developing vigorously.With the change of social and economic structure,virtual economy has become more and more important in social and economic development.Throughout the history of the world economy,too fast or too slow development of the virtual economy will have adverse effects on the real economy.Research of the relationship between virtual economy and real economy,then judge the current economic development characteristics,operation rule and prevent the virtual economy and real economy away from risk,is of important theoretical and practical value.This article first embarks from the marxist discourse on virtual capital to explore virtual economy,using the analysis framework of marxism,the capitalist economy,virtual economy is the inevitable result of productivity development and general profit margins.Secondly,on the basis of previous relevant studies,a comprehensive analysis of the virtual economy is carried out,and the action mechanism of the virtual economy on the real economy and the relationship between the two are discussed.Finally,monthly economic data from June 2005 to December 2017 were used to select monthly industrial added value instead of common GDP data to reflect the realeconomy.In order to comprehensively reflect the virtual economy,the index including the total equity capital of Shanghai and shenzhen,the turnover of stocks,the state housing boom index and the Shanghai composite index are introduced.By cointegration test,granger causality test and error correction model on the relationship between virtual economy and real economy to do the empirical analysis,and according to the analysis points out the existing problems in the development of virtual economy in our country and put forward policy Suggestions.In this paper,the research results show that although the Chinese virtual economy to obtain certain development,but the virtual economy and real economy has not been a good match,the development of virtual economy reflects the certain trend of the development of the real economy,the development of the real economy cannot be explained by the virtual economy.In June 2005-this time in December 2017,the real economy and virtual economy performance out of the interaction between virtual economy to the real economy is on the whole maintained a departure from the form,but the divergence is not a comprehensive deviation and only some aspects of the real economy and virtual economy,and showed a trend of convergence.