Title :
The analysis of the appropriate scale of public investment in China
Author :
Yang, Feihu ; Sujuan Huang ; Li, Mengjun
Author_Institution :
Sch. of Econ., Jiangxi Univ. of Finance & Econ., Nanchang, China
Abstract :
In this paper, it is concluded that there is an appropriate scale of public investment with the Barrow model, which is roughly 8% of GDP through empirical study; the scale of public investment in China in recent years has significantly exceeded the appropriate scale and deviated from the optimal efficiency trend, this phenomenon should lead to a high degree of vigilance and be paid much attention by macroeconomic policy-maker.
Keywords :
economic indicators; government policies; investment; macroeconomics; public finance; Barrow model; China; GDP; macroeconomic policy-making; optimal efficiency trend; public investment; Economic indicators; Educational institutions; Finance; Government; Investments; Public finance; appropriate scale; public investment; the barrow model;
Conference_Titel :
Artificial Intelligence, Management Science and Electronic Commerce (AIMSEC), 2011 2nd International Conference on
Conference_Location :
Dengleng
Print_ISBN :
978-1-4577-0535-9
DOI :
10.1109/AIMSEC.2011.6010578
