scholarly journals A Study on Investment Structure of Fixed Assets and Regional Economic Growth

2020 ◽  
Vol 3 (3) ◽  
Author(s):  
Zhenzhen Liu

Nowadays, it has been in the period of rapidly developing China’s economy. Since the financial crisis in 2008, China has paid more and more attention to investing in fixed assets, and the growth rate of investing in fixed asset is also rising. However, when promoting regional economic growth, if we only pay attention to the total amount of fixed asset investment, there will inevitably exist some blindness and lack of sustainability. Therefore, the study between the investment structure of fixed assets and regional economic growth is quite important. China has a vast territory and many regions. The investment structure of fixed assets in different regions is also different, so the influence on economic growth is also different. This paper analyzes the investment structure of fixed assets and regional economic growth, and help realize the rapid growth of regional economy by recognizing the current situation of China's investment structure of fixed assets.

2021 ◽  
Vol 2021 ◽  
pp. 1-12
Author(s):  
Lei Wang ◽  
Yuan He ◽  
Tongwen Wang

This paper adopts the data envelopment analysis (DEA) model to conduct an in-depth study and analysis of the spatial structure of regional enterprises and their impact on regional economic development and to apply the analysis of the impact between the two. Firstly, the concepts of urban agglomeration, regional spatial pattern evolution, and coordinated regional development and their connotations are explained to define the research topic of this paper. Then, we systematically analyze the theory of regional economic growth, development stage theory, spatial polarization theory, and regional spatial association theory and review the existing studies on regional economic growth, regional development stage, regional spatial association, and pattern evolution, as well as the efficiency and quality of regional economic growth, which further clarify the research focus and research ideas of this paper. The time evolution, spatial divergence, and spatial association characteristics of the economic growth rate of the central urban agglomerations are measured, then the DEA model and entropy value method are used to calculate the economic growth efficiency and economic growth quality of the urban agglomerations, respectively, the time evolution characteristics and spatial pattern evolution characteristics of the economic growth efficiency and economic growth quality are analyzed, and finally, the coupled model of regional economic growth rate, efficiency, and quality is constructed. Finally, a coordination model of the coupling of regional economic growth rate, efficiency, and quality is constructed and the time-series evolution characteristics and spatial-temporal divergence characteristics of the coupling coordination degree of the three are comprehensively analyzed, and the spatial classification of the coupling coordination type of each county unit is made. The direction and path of regulation for the optimization of spatial structure and coordinated spatial development of urban agglomerations are proposed, and finally, the leading factors for the reorganization of the regional economic spatial structure are analyzed, and the regulatory countermeasures for the optimization of the economic spatial structure of urban agglomerations are proposed according to the spatial structure of urban agglomerations and their evolutionary characteristics.


2013 ◽  
Vol 666 ◽  
pp. 103-110
Author(s):  
Zheng Xie ◽  
Bai Qing Sun ◽  
Wei Quan Jin ◽  
Xin Xin Wang

Greenhouse effect caused by greenhouse gas emissions is one of most important environmental problems; the growth of carbon emissions has attracted more and more attention. However, a phenomenon is that economic growth is always together with increasing of carbon emissions. In order to control carbon emissions validly in the premise of economic growth and taking into account that there are regional economic growth disparities for most countries, this paper builds a carbon emissions rights optimization model under regional economic growth disparities. This paper proposes two strategies to evaluate economic growth and carbon emissions: one is the same to all regions, and the other one is different. After calculating, finding that the same regulation of emissions reduction for all regions is better for economic growth and different regulation of emissions reduction is better for balanced development of regional economy. It provides certain rating criteria to find equilibrium point of economic development and carbon emissions.


2021 ◽  
Vol 13 (9) ◽  
pp. 4820
Author(s):  
Shanlang Lin ◽  
Prithvi Raj Dhakal ◽  
Zhaowei Wu

Transport enables trade between people, which is essential for the development of civilizations. Transport is a crucial necessity for specialization, allowing production and consumption of products to occur at different locations. High-speed rail (HSR) allows the flow of people between regions, cities, countries. With rapid global development in HSR technology for passenger transportation, it plays a vital role in transportation systems. The improvement of the quality of cities with different emphasis will bring different economic development results. Therefore, exploring the impact of high-speed railways and quality of place on economic development is necessary. This paper takes the prefecture-level city with a high-speed railway opened in 2008–2013 as the research sample and takes other prefecture-level cities in the country as the control group. The study findings revealed that employment, investment in fixed assets, average wage, and higher education institute significantly affect China’s regional economic growth. Institute of higher education reflects the negative effect on the regional economic growth whereas the employment, investment in fixed assets, and average wage rate positively impact it. Based on the results, it can be concluded that China’s regional economy is significantly affected by its quality.


2018 ◽  
Vol 7 (3) ◽  
pp. 305-313
Author(s):  
Atika Nur Oktaviani

Penyelenggaraan otonomi daerah memiliki tujuan untuk meningkatkan kesejahteraan masyarakat. Anggaran pinjaman daerah yang dilakukan pemerintah daerah sebagai upaya pembangunan fasilitas publik untuk mobilitas ekonomi masyarakat daerah sehingga dapat meningkatkan pertumbuhan ekonomi daerah. Tetapi peningkatan pertumbuhan ekonomi tidak sesuai dengan pergerakan penurunan kemiskinan. Hal ini berakibat terhadap perekonomian daerah. Oleh karena itu, perlu mengetahui  pengaruh pinjaman daerah, pendapatan asli daerah terhadap kemiskinan dan pertumbuhan ekonomi daerah 21 kab/kota di Jawa Tengah. Variabel penelitian ini yaitu pinjaman daerah dan pendapatan asli daerah sebagai variabel independen, Kemiskinan  dan pertumbuhan ekonomi sebagai variabel dependen. Jenis penelitian ini adalah kuantitatif dengan menggunakan analisis data panel. Hasil penelitian menunjukkan bahwa  terdapat pengaruh antara pinjaman daerah terhadap kemiskinan. Terdapat pengaruh antara pendapatan asli daerah daerah terhadap kemiskinan. Terdapat pengaruh antara pinjaman daerah terhadap pertumbuhan ekonomi. Tidak terdapat pengaruh antara pinjaman daerah terhadap pertumbuhan ekonomi.. The implementation of regional economy aims to improve public welfare. Local government budget had by local government is as an effort of public facility developments for economic mobility of regional society so that it is able to increase regional economic growth. However, the increasing of economic growth is not in accordance with the movement of poverty reduction. It has several impacts to regional economy. Therefore, it needs to know the influence of local government borrowing toward locally-generated revenue, poverty, and regional economic growth 21 kab/kota in Central Java. The research of variable local goverment borrowing and locally-generated revenue, poverty and economic growth as the dependent variable. Type of this research is quantitative using panel data analysis.The results showed that there is influence local goverment borrowing toward poverty. There is the influence of locally-generated revenue toward poverty. There is influence local goverment borrowing toward economic growth. There is no locally-generated revenue toward economic growth.


2021 ◽  
Vol 23 (2) ◽  
pp. 190-200
Author(s):  
Byna Kameswara ◽  
Tia Adelia Suryani

In sustainable development, infrastructure has an important role, although infrastructure growth and investment have positive and negative impacts. Indonesia has a strategic program in the form of infrastructure improvement. However, due to the condition of Indonesia which is an archipelago, infrastructure development has only concentrated on Java, especially in Jakarta City. This resulted in a gap in infrastructure development outside of Java. This study identifies the relationship between infrastructure and the regional economy in Indonesia. Indonesia is an archipelagic country so that long-distance transportation, such as using airports, is an absolute necessity to support equitable economic activities and support sustainable development. The relationship between traffic on airports and regional economies is still debating and growing. Therefore, by looking at the characteristics of the archipelagic country, it is interesting to see the relationship between infrastructure and the regional economy in Indonesia. This research aims to provide an understanding of the effect of economic growth in airports and be able to be a stakeholder consideration to making policies about air transportation and regional economic growth evenly on island geography conditions such as Indonesia. The relationship between the two in this study is shown by looking at traffic in airports and 17 economic sectors of GRDP in six different regencies with similar characteristics. The model show the relationship in this study. This model built using a regression approach. The results of this model show the relationship between traffic in airports with regional economic sectors, especially outside the island of Java. The results of this study can be concluded that the effect is found between the economic sectors of the region on the existence of airports


2019 ◽  
pp. 1-27
Author(s):  
DAI ERBIAO ◽  
HATTA TATSUO

Since the 1970s, due to the combination of the declining birthrate and rising longevity, the speed of population aging in Japan has been more dramatic than in any other developed country. Consequently, the growth of the working population, which had been faster than the growth of the total population, has gradually become slower in recent years than the latter in Japan. Moreover, similar rapid demographic changes are taking place at various speeds in all prefectures. By introducing demographic variables into empirical models of regional economic growth, which is based on prefecture-level panel data for the period 1980–2010, this paper shows that the recent demographic changes in Japan have had significant effects on its regional economic growth: the contribution of the growth rate difference between the working population and the total population to per capita Gross Regional Domestic Product (GRDP) growth rate, i.e., the demographic bonus, has disappeared. In addition, the growth rate of the aged population (65 years old and over) has had a very significant negative effect on per capita GRDP growth rate, while the growth rate of the young population aged 0–14 has had a significant positive effect. The findings of this study imply that Japan’s population aging and other ongoing demographic changes will continue to depress economic growth in all prefectures. Given the low probability of a significant rise in the birth rate and the rapid increase in the local labor supply, it is important for all prefectures in Japan to raise the quality of their labor-force and improve productivity. Meanwhile, effectively attracting young skilled workers to migrate from other regions/countries should be a key policy issue for both local and central governments in Japan.


2021 ◽  
Vol 4 (4) ◽  
pp. p1
Author(s):  
Di Zhu ◽  
Yefei Li ◽  
Ejimofor Bruno Chiedozi ◽  
Hui Pan

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.


2012 ◽  
Vol 209-211 ◽  
pp. 1647-1649
Author(s):  
A. Lin Zhang ◽  
Hai Yan Zhang

Real estate investment is an essential part of regional economy. Combining the concept of sustainable development with the real estate investment and economic coordinating development, this text illustrates the correlation between real estate investment and regional economic development, discusses the boosting function of real estate investment on regional economic growth and proposes relevant policies of real estate investment on regional economic sustainable development.


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