International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
www.ijsr.net | Most Trusted Research Journal Since Year 2012

ISSN: 2319-7064



Research Paper | Finance | China | Volume 7 Issue 8, August 2018

Research on the Influence of Infrastructure Investment on Real Economy Revitalization

Juan Shang, Jie Yuan

After the reform and opening up, infrastructure investment has become an important symbol to measure the economic and social development, and the real economic level is the basis of a country's comprehensive national strength, so the study of economic and social development to study the impact of infrastructure investment on the real economy. Based on the data from 1991 to 2016, this paper uses the solow growth model to introduce the infrastructure and non - infrastructure capital stock into the C - D production function, and calculate the relevant elasticity coefficient by cointegration test. And further through the Granger causality test to measure the relationship between the change of capital stock and the effective growth of the real economy. The empirical results show that the elasticity coefficient of the capital stock in China is larger than that of the non-infrastructure capital stock, and the increase of the capital stock of the infrastructure is the Granger reason which leads to the effective growth of the real economy. This conclusion proves that the infrastructure investment For the promotion of effective growth of China's real economy play an important role in promoting.

Keywords: infrastructure investment, real economy, Solow growth model, infrastructure capital stock, Granger causality test

Edition: Volume 7 Issue 8, August 2018

Pages: 610 - 614


How to Cite this Article?

Juan Shang, Jie Yuan, "Research on the Influence of Infrastructure Investment on Real Economy Revitalization", International Journal of Science and Research (IJSR), https://www.ijsr.net/search_index_results_paperid.php?id=ART2019492, Volume 7 Issue 8, August 2018, 610 - 614

58 PDF Views | 45 PDF Downloads

Download Article PDF



Similar Articles with Keyword 'infrastructure investment'

Research Paper, Finance, China, Volume 9 Issue 7, July 2020

Pages: 1331 - 1344

Impact of Age Population Structure on Transport Infrastructure Investments

Michael Kwabena Ofori

Share this article

Research Paper, Finance, China, Volume 7 Issue 8, August 2018

Pages: 610 - 614

Research on the Influence of Infrastructure Investment on Real Economy Revitalization

Juan Shang, Jie Yuan

Share this article



Similar Articles with Keyword 'Granger causality test'

Research Paper, Finance, India, Volume 9 Issue 6, June 2020

Pages: 38 - 44

An Empirical Evaluation of Volatility and Causal Interlinkages of Mid-Cap Securities in Indian Stock Market

Padmashree V, K. B. Nalina

Share this article

Research Paper, Finance, China, Volume 7 Issue 6, June 2018

Pages: 1079 - 1082

Vietnam's Economic Growth Influenced by Export-Oriented Economy

Shang Yuan

Share this article

Research Paper, Finance, China, Volume 7 Issue 8, August 2018

Pages: 610 - 614

Research on the Influence of Infrastructure Investment on Real Economy Revitalization

Juan Shang, Jie Yuan

Share this article

Research Paper, Finance, China, Volume 9 Issue 3, March 2020

Pages: 964 - 966

Empirical Study on Endogeneity of Money Supply in China

Kailin Chen, Yaoqun Zheng

Share this article
Top