An empirical analysis of the relations between investment in fixed assets and economic growth cycle of China
Chun Hu
Abstract
Chun Hu
Abstract
This paper , based on the data of growth rate of investment in fixed assets and growth rate of GDP of China in 1981-1999, analyses these data with statistical method , and sets up a regression model between the two factors and also the effects of some factors upon the economic cycle , which are the growth rate of investment in stateowned fixed assets , the growth rate of investment in non-state-owned fixed assets and the growth rate of total investment in fixed assets.
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This paper , based on the data of growth rate of investment in fixed assets and growth rate of GDP of China in 1981-1999, analyses these data with statistical method , and sets up a regression model between the two factors and also the effects of some factors upon the economic cycle , which are the growth rate of investment in stateowned fixed assets , the growth rate of investment in non-state-owned fixed assets and the growth rate of total investment in fixed assets.
Key concepts: Fixed asset, Investment (military), Fixed investment, Fixed effects model, China, Economics, Growth rate, Econometrics