A Survey of the Relationship between Chinese Government Investment and Private Investment
Sha Liu
Abstract
Sha Liu
Abstract
Since implementation of active fiscal policy,Chinese economic has been in good condition.The role government investment in anti-economic crisis plays is very manifest.But the development of one entity's economic can't only be depended on government investment,but also on private investment Whether Chinese government investments crowd in or crowd out private,or even have no relationship between private investments? This paper not only surmises the theory about the relationship between Chinese government investment and private investment, but also points out the defects of literatures and specifies possible research direction.At last,this paper provides policy maker with the experience of the harmonious development of government investment and private investment in later-stage crisis era.
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Since implementation of active fiscal policy,Chinese economic has been in good condition.The role government investment in anti-economic crisis plays is very manifest.But the development of one entity's economic can't only be depended on government investment,but also on private investment Whether Chinese government investments crowd in or crowd out private,or even have no relationship between private investments? This paper not only surmises the theory about the relationship between Chinese government investment and private investment, but also points out the defects of literatures and specifies possible research direction.At last,this paper provides policy maker with the experience of the harmonious development of government investment and private investment in later-stage crisis era.
Key concepts: Investment (military), Government (linguistics), Open-ended investment company, Gross private domestic investment, Business, Economics, Finance, Crowding out