A Study of the Effect of Investment on Economic Growth in Different Development Level
Yang Ji-sheng
Abstract
Yang Ji-sheng
Abstract
The result of an empirical analysis shows that the marginal contribution of investment growth on GDP growth weakens gradually as the degree of marketization and the level of economic development increase.The effect of change in the budgeted investment and domestic credit on economic growth is insignificant,but it serves as a leading indicator.As far as different regional economic developments are concerned,the marginal contribution of investment growth on GDP growth in different areas presents an inverse U shape relationship depending on the economic development level and geographic position differences of the east,the middle and the west.
A significance statement is not available in the OpenAlex record.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
The result of an empirical analysis shows that the marginal contribution of investment growth on GDP growth weakens gradually as the degree of marketization and the level of economic development increase.The effect of change in the budgeted investment and domestic credit on economic growth is insignificant,but it serves as a leading indicator.As far as different regional economic developments are concerned,the marginal contribution of investment growth on GDP growth in different areas presents an inverse U shape relationship depending on the economic development level and geographic position differences of the east,the middle and the west.
Key concepts: Marketization, Economics, Investment (military), Gross private domestic investment, Economic expansion, Position (finance), Economic geography, China