The Relationship between Fixed Asset Investment and Economic Growth of Three Industries in Shenzhen

ICCREM 2020 ◽  
2020 ◽  
Author(s):  
Yumin Shu ◽  
Rui Wang ◽  
Zhongying Qi
Keyword(s):  
Economic Growth ◽  
Fixed Asset ◽  
The Relationship ◽  
Fixed Asset Investment

Pengaruh Kinerja Keuangan Terhadap Investasi Aktiva Tetap

2013 ◽  
Vol 1 (3) ◽  
pp. 263-272
Author(s):  
R. Aditya M. Karnawiredja ◽  
Lukman Hidayat ◽  
Marwan Effendy
Keyword(s):  
Financial Performance ◽  
Return On Investment ◽  
Research Method ◽  
Secondary Data ◽  
Fixed Asset ◽  
Fixed Assets ◽  
Asset Turnover ◽  
The Relationship ◽  
Descriptive Method ◽  
Fixed Asset Investment

The purpose of this study was to determine the effect of the company's financial performance empirically, either partially or simultaneously to the fixed asset investment. Ratio used to look at the financial performance is return on investment (ROI) and total assets turnover (TATO). The research method used in this research is descriptive method, the method of research which not only gives an overview of these phenomena, but to explain relationships, test hypotheses, make predictions and find meaning and implications of a problem is solved. The data used are secondary data and processed data the authors. This study analyzes the relationship between ROI, TATO and fixed asset investment. The statistical method used is multiple linear regression and tested significance.  These results indicate that the variable ROI and TATO simultaneous significant effect on the investment of fixed assets. Tests showed that the partial and variable ROI TATO significant effect on the investment of fixed assets.   Keywords: Return On Investment, Total Asset Turnover, Fixed Asset Investment

Energy Consumption and Economic Growth: The Mediated Moderator

2014 ◽  
Vol 962-965 ◽  
pp. 2161-2164
Author(s):  
Hui Liu ◽  
Chuan Mei Wang
Keyword(s):  
Economic Growth ◽  
Energy Consumption ◽  
Technological Progress ◽  
Regression Method ◽  
Moderating Effect ◽  
Hierarchical Regression ◽  
Fixed Asset ◽  
Technological Advances ◽  
Fixed Assets ◽  
Fixed Asset Investment

Technical progress plays an important role in energy consumption promoting the economic growth, and fixed asset investment plays a moderating effect on energy consumption promoting economic growth. This paper studies the intermediary effect of technological advances and the moderating effect of fixed asset investment in energy consumption promoting economic growth. With the acquisition of time series 2002-2011 data, using hierarchical regression method, the intermediary effect and the moderating effect are tested. The results show that: the intermediary effect of technological progress in energy consumption and economic growth is significant, and moderating effect of fixed assets investment in energy consumption and economic growth plays the role completely through the intermediary variable technological progress.

China's economic success: evidence regarding the role of fiscal policy

2019 ◽  
Vol 7 (1) ◽  
pp. 108-130 ◽  
Author(s):  
Xiao Kong ◽  
Feng Feng
Keyword(s):  
Economic Growth ◽  
Fiscal Policy ◽  
Empirical Support ◽  
Great Success ◽  
Economic Success ◽  
Fixed Asset ◽  
Keynesian Economics ◽  
New Findings ◽  
Cross Correlation Analysis ◽  
Fixed Asset Investment

The Chinese economy has achieved great success in both stability and sustained growth since the market economy was established. This paper seeks to explain that success by evaluating China's fiscal policy. It starts by testing two hypotheses derived from Keynesian economics. First, it seeks to determine whether China's economic regulations act against the business cycle. Second, it aims to understand whether China stimulates economic growth through a deficit policy and strong government fixed-asset investment. Based on a Hodrick–Prescott filter technique combined with cross-correlation analysis and a Granger causality test, we suggest that fiscal policy in China is generally counter-cyclical and achieves its desired effects. Further analyses using a co-integration model and the impulse response function confirm that government fixed-asset investment enhances China's economic growth. These empirical findings indicate that China's fiscal policy matches the basic policy orientation of Keynesian economics and is closely associated with its economic success. We also identify some new findings that contradict Keynesian claims: China's economic growth responds positively to taxation, which we attribute to taxation's function in promoting appropriate resource allocation. We believe our study provides empirical support vindicating China's fiscal policy.

scholarly journals The Impact of Foreign Direct Investment on Income Convergence in China - A Spatial Panel Data Analysis

2021 ◽  
Vol 4 (4) ◽  
pp. p1
Author(s):  
Di Zhu ◽  
Yefei Li ◽  
Ejimofor Bruno Chiedozi ◽  
Hui Pan
Keyword(s):  
Economic Growth ◽  
Growth Factors ◽  
Panel Data ◽  
Population Growth ◽  
Regional Economic Growth ◽  
Income Convergence ◽  
Fixed Asset ◽  
Spatial Durbin Model ◽  
Regional Economic ◽  
Fixed Asset Investment

After taking into account the spatial dependence effects in the panel data consisting of all 31 provinces, direct-controlled municipalities, and autonomous regions in China between the years 1998 and 2017, it found significant spatial autocorrelation effects in both traditional absolute and conditional β income convergence models. At the national level, using the spatial econometric models (Spatial Error Model for absolute convergence and Spatial Durbin Model for conditional convergence), the analysis shows that in the past 19 years from 1999 to 2017, there is no absolute β income convergence. However, there is conditional β income convergence after controlling for all growth factors, while the positive effect of fixed asset investment on regional economic growth is significant, and the effect of population growth is significantly negative. The other growth factors such as FDI inflow, export, and higher education enrollment were surprisingly found no statistically significant effects on regional economic growth. From regional level (Spatial Durbin Model and Spatial Lag Model), there is no conditional β income convergence within each four economic regions. Nonetheless, the northeast region showed an income divergence trend, where only the fixed asset investment is positively significant. This study results imply that China should continue to improve fixed asset investment and control population growth to stimulate regional economic growth and income convergence.

scholarly journals Is It Capitalism?

2011 ◽  
Vol 7 (1) ◽  
pp. 5-18 ◽  
Author(s):  
Marshall W. Meyer
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Gross Domestic Product ◽  
Government Policies ◽  
Gdp Growth ◽  
Fixed Asset ◽  
Four Levels ◽  
Chinese Capitalism ◽  
Corporate Profits ◽  
Fixed Asset Investment

I introduce the three articles in the MOR Editor's Forum on Chinese Capitalism. I then ask whether China's recent economic growth has been driven by a vibrant capitalism or instead has become an end in itself, supported by government policies promoting high rates of fixed asset investment. There are two key observations. First, gross domestic product (GDP), measured and reported at four levels of government, has much greater salience than corporate profits, often undisclosed. Second, fixed asset investment accounted for more than 60 percent of China's 2009 GDP and nearly two-thirds of 2008-2009 GDP growth, levels unprecedented for a major economy. Rather than capitalism, I argue that institutionalized GDP growth today accounts for China's rapid economic development.

Kazakhstan’s Economic Growth in the Context of the World Economy

2006 ◽  
pp. 133-146 ◽  
Author(s):  
K. Arystanbekov
Keyword(s):  
Economic Growth ◽  
Economic Policy ◽  
World Economy ◽  
World Ocean ◽  
Direct Access ◽  
Crude Petroleum ◽  
Nation States ◽  
The World ◽  
The Relationship

Kazakhstan’s economic policy results in 1995-2005 are considered in the article. In particular, the analysis of the relationship between economic growth and some indicators of nation states - population, territory, direct access to the World Ocean, and extraction of crude petroleum - is presented. Basic problems in the sphere of economic policy in Kazakhstan are formulated.

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