Measurement Of Capital Flows In Beijing-Tianjin-Hebei Region Based On The Relationship Between Savings And Investment

The coordinated development of beijing-tianjin-hebei region has an important influence on China's economy.The effective flow of capital is an important driving factor for the coordinated development of beijing-tianjin-hebei region,and the beijing-tianjin-hebei economic development depends on the good flow of capital in beijing-tianjin-hebei region.The FH method based on the relationship between savings investment through the use of beijing-tianjin-hebei region between the provincial and the level of capital flows between thirteen cities to measure,to observe the level of capital flow tendency of the beijing-tianjin-hebei region.Measure for the level of capital flows in the area of can understand the capital flow condition in the area,level of capital flows can also be observed area with time change tendency and law of development,can better understanding of the capital region,to master the region capital flows change trend,capital flows to guide this area in a timely manner.In this paper,an improved FH model is introduced to consider that economic growth and goverrnment intervention not only affect the rate of spontaneous investment of capital,but also affect the marginal propensity to invest.Capital flows between the hebei provincial level measurement results show that the level of capital flows beijing-tianjin-hebei region from 1994 to 2016,before 2006,the level of capital flows and the beijing-tianjin-hebei region less than the national average,after 2006,the marginal propensity to invest of beijing-tianjin-hebei region is lower than the national average,capital flows level gradually improve,compared with the pearl river delta and Yangtze river delta,beijing-tianjin-hebei region and Yangtze river delta region level closer to capital flows,and the two level of capital flows is far lower than the pearl river delta region.Model based on improved FH of beijing-tianjin-hebei region of urban capital flows,according to the results of data analysis between 2003 to 2015,the city of beijing-tianjin-hebei region increased capital flows between level,economic growth and the impact of government intervention for saving investment relationship also by weak strength,relative to government intervention,economic growth relatively greater impact on capital flows.Different cities have different rates of spontaneous investment and marginal investment,and their capital flows are different.