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Econometrical Model and Analysis on Benefit of Infrastructure Investment

Jing Li

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Abstract

Benefit of Infrastructure Investment is the key point that government policy-makers pay attention to,This article analyzes promoting effect of infrastructure investment on economic growth in Zhejiang Province by establishing error correction model.From the model,infrastructure investment elasticize of GDP in Zhejiang Province is calculated.Its promoting effects are high.So a conclusion could be drawn that infrastructure investment plays an important role in national economy and can greatly stimulate the increase of GDP.

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What this paper is about

Benefit of Infrastructure Investment is the key point that government policy-makers pay attention to,This article analyzes promoting effect of infrastructure investment on economic growth in Zhejiang Province by establishing error correction model.From the model,infrastructure investment elasticize of GDP in Zhejiang Province is calculated.Its promoting effects are high.So a conclusion could be drawn that infrastructure investment plays an important role in national economy and can greatly stimulate the increase of GDP.

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Available abstract

Benefit of Infrastructure Investment is the key point that government policy-makers pay attention to,This article analyzes promoting effect of infrastructure investment on economic growth in Zhejiang Province by establishing error correction model.From the model,infrastructure investment elasticize of GDP in Zhejiang Province is calculated.Its promoting effects are high.So a conclusion could be drawn that infrastructure investment plays an important role in national economy and can greatly stimulate the increase of GDP.

Key concepts: Investment (military), Government (linguistics), Business, Point (geometry), Critical infrastructure, Finance, Economics, Economic policy

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