Research of Impact of Capital Allocation on Chinese Manufacturing Industry

Article Preview

Abstract:

Among the literature on the impact of different capital sources on economy, most of them focus on one capital source or study this impact from a perspective of factors of production. Therefore, we plans to classify those capital factors according to their sources, and study empirically the specific impact of different capital sources on our country’s economic development. The results suggest that from the contribution of various funding sources to GDP appears, the linear relation between self-financing and other investment and GDP are most significant, and their contribution to GDP are also the most; for GDP of the whole country, the contribution to GDP of national investment is positive, while domestic loan’s contribution to GDP presents negative.

You might also be interested in these eBooks

Info:

Periodical:

Pages:

2018-2022

Citation:

Online since:

September 2014

Authors:

Export:

Price:

Permissions CCC:

Permissions PLS:

Сopyright:

© 2014 Trans Tech Publications Ltd. All Rights Reserved

Share:

Citation:

* - Corresponding Author

[1] Jeffrey W.: Financial markets and allocation of capital, Journal of Financial Economics, Vol. 58 (2000), pp.187-214.

Google Scholar

[2] Ross L.: Financial development and economic growth: Views and agenda, Journal of Economic Literature, Vol. 35(1997), pp.688-726.

Google Scholar

[3] Sun S.: The effect of FDI on economic growth in China, Journal of Xi'an College of Finance and Economy, Vol. 2(2004), pp.71-76.

Google Scholar

[4] Zhang W., Xiong G.: The relation between FDI and economic growth in Central Area in China, Economy and Management of East China, Vol. 12(2005), pp.26-31.

Google Scholar

[5] Yang Y.: A comparative empirical study on the role of bank loans and foreign financing in economic growth, Times Economy and Trade, Vol. 3(2007), pp.124-126.

Google Scholar

[6] Li X.: Determinants analysis of economic growth—taking Jiangxi Province as an example, Development of Science and Technology of South Jiangsu Province, Vol. 3(2007), pp.26-28.

Google Scholar