Abstract:Capital provides strong support for the rapid economic development of east China, but significant differences are found in this region in aspects such as financial revenue and expenditure, fixed asset investment, FDI, overseas investment, and bank deposits and loans. Additionally, the economy in this region exhibits unbalanced growth due to different economic structures and foreign capital utilization. As shown by the results of empirical analyses, the capital flows differ significantly. Data on the bank deposits and loans in the eastern region indicate a net general capital outflow. The fixed asset investment per capita greatly promotes the regional economy, but the differences in the regional economic structures have led to different influences of financial revenue and expenditure and FDI on the economy. The differences between deposits and loans per capita haven't resulted in significant impacts on east China as a whole, which indicates the inefficiency of transforming savings into investments in the region. However, such differences are manifest in three districts in the eastern region.
黄先海 杨 君. 资本形成和流动对我国东部地区经济影响的实证分析[J]. 浙江大学学报(人文社会科学版), 2011, 41(4): 26-36.
Huang XianHai Yang Jun. An Empirical Study of the Effects of Capital Formation and Flow on the Economy of the Eastern Region of China
. , 2011, 41(4): 26-36.