Study on Spatial Structure about Efficiency of the Fixed Assets Investment in Beijing City
Jin Li
Abstract
Jin Li
Abstract
Fixed assets investment plays an important role on urban social and economic development.By analyzing three different models(i.e.,C-D Production Function,Beyond Logarithm Function and CES Production Function),this paper evaluates the efficiency of the fixed assets investment in Beijing.Thus the most applicable model is selected based on empirical analysis and the comparison of the simulation results and the contribution of fixed assets investment to the growth of economic for Beijing and its districts is analyzed.Based on the function of each districts,its spatial distribution rule is pointed out.
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Fixed assets investment plays an important role on urban social and economic development.By analyzing three different models(i.e.,C-D Production Function,Beyond Logarithm Function and CES Production Function),this paper evaluates the efficiency of the fixed assets investment in Beijing.Thus the most applicable model is selected based on empirical analysis and the comparison of the simulation results and the contribution of fixed assets investment to the growth of economic for Beijing and its districts is analyzed.Based on the function of each districts,its spatial distribution rule is pointed out.
Key concepts: Fixed asset, Beijing, Investment (military), Production (economics), Economics, Function (biology), Distribution (mathematics), Econometrics