Research On The Effects Of Public Investment On The Utilization Efficiency Of Industrial Land In Jiangxi Province

Since there reform and opening-up policy issued of China,under the leadership of public investment and industrialization,the economy of China has grown rapidly and steadily.However,when social enjoying the benefits of economic growth,while also face to a serious of problems.For example,the extensive use of industrial land,the industrial land is sold at low prices,as well as because of the rent-seeking behavior of local governments lead to the low utilization rate of industrial land and the high-cost of environment resources etc.China's current industrialization process will continue for a long time.Meanwhile,more and more increase in problems that the irrationality of public investment framework,and the level of investment varies greatly in different region etc.Under the background of Chinese economic policy which "135" promote new industrialization,how to improve the level of regional public investment and the utilization effective of industrial land are urgent problems.Therefore,it is of great significance to studying the impact and mechanism of the public investment on the utilization efficiency of industrial land.This report will analyze the connotation of public investment and industrial land utilization efficiency was foundation the statistical yearbook data of 11 prefecture-level cities in Jiangxi Province between 2008 and 2017.The public investment was divided two aspects which people's livelihood investment and productive investment.Around the core concept which the industrial land return curve,constructed a change based on public investment and factor inputs and movement of the return curve.Through the model to the existing data statistical and empirical analysis can further understand the current situation and trend of the public investment levels and industrial land use efficiency in China,as well as it will discuss the difference of influence mechanism between the two.The result of the studying has three aspects are following:(1)During the period of 2008 to 2017,the overall trend is upward of the public investment of the prefecture-level cities in Jiangxi Province.There was an obvious difference in the prefecture-level cities in terms of space,and the gap between the prefecture-level cities has been increasing year by year,and the development models of public investment to appear diversified.The change of the people's livelihood and productive investment combination in the public investment,causes a serious of issues which the industrial structure,economic scale and environment change,resulting in the change of land return curve and industrial development environment,as well as affecting the utilization efficiency of industrial land.(2)There were significant differences of regional industrial land utilization efficiency of cities in the Jiangxi Province during the period of inspection.The change trend to present certain degree of instability that is fluctuating tendency of rising and falling repeatedly.Overall,the trend of Prefecture-level cities in the Jiangxi Province are on the rise.(3)The public investment has positive influence for the utilization efficiency of industrial land.For instance,every 1%increase of the people's livelihood investment(FFT),the industrial land use efficiency increases by 0.3058%;every 1%increase in productive investment(FST),the industrial land use efficiency increases by 0.0341%.The degree of land marketization,the proportion of large and medium-sized industrial enterprises,the degree of land marketization regulation,and the scale of industrial development also have varying degrees of influence on the efficiency of industrial land use,and there are significant regional differences.To sum up,this report proposes corresponding countermeasures from the aspects of optimizing public investment structure and improving utilization efficiency of the industrial land.From aspects of public investment structure and the macro-control,the Jiangxi Province should appropriately increase the proportion of people's livelihood investment.In terms of utilization efficiency of industrial land to improve the level of land marketization,rationally control the scale of industrial development,as well as promote the improve to utilization efficiency of industrial land.Through regulation gradually to improve the regional differences,to achieve a win-win situation in which public investment levels and industrial land use efficiency are improved.