Title :
Research on public investment, private investment and economic growth in the global financial crisis: A preliminary model
Author :
Liu, Hui ; Jiao, Jianguo ; Zhai, Chunjuan
Author_Institution :
Scool of Public Finance and Taxation, Capital University of Economics and Business, Beijing, China
Abstract :
Financial crisis in 2008 brought a heavy blow to the global economy. How to resist this crisis and improve economy growth was an important question faced by the government of many countries. This paper focuses on the influence of public investment, private investment on economic growth. First, according to Ak model, the mathematic model is built to analyze the dynamic relationship between public capital and private capital. Subsequently, the impacts of public capital and private capital on economic growth are discussed. Basis on this, some valuable conclusions of the above are educed and tested by the practical institution of Chinese economy.
Keywords :
Economic indicators; Government; Investments; Mathematical model; Production; Economic Growth; Private investment; Public Invesmentt;
Conference_Titel :
E -Business and E -Government (ICEE), 2011 International Conference on
Conference_Location :
Shanghai, China
Print_ISBN :
978-1-4244-8691-5
DOI :
10.1109/ICEBEG.2011.5882192