Analysis on the Effect of Government Investment on Private Investment in Western China — Take Province A as an Example

نویسندگان

چکیده

Since China began reforming and opening up its economy, especially since the launch of development projects in western China, province A has attracted an increasing amount investment, which is main driving force for provincial economic growth. Hence, this study uses a state space model to examine how government investment affected growth explains whether there crowding-in effect or crowding-out local on private investment. The findings indicate that both investments have positive, stimulating influence A, with latter being more impactful than former. Productive non-productive different effects A's From perspective trajectory elasticity, elasticity presents very large spatio-temporal change. That is, from 1994 2009, had but 2010 2017, was observed.

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ژورنال

عنوان ژورنال: Journal of systems science and information

سال: 2023

ISSN: ['1478-9906', '2512-6660']

DOI: https://doi.org/10.21078/jssi-e2022093