Empirical Analysis of Relationship between the Government Technical Investment and Economic Growth - Take Shaanxi Province as Example

Abstract:

According the data from 1995—2008, this paper has analyzed empirically the relationship between technical investment and economic growth in Shaanxi province government. The result showed that technical investment of Shaanxi province government has greatly improved the economic growth; however, there was big gap between the whole investment scope and the specific scopes of different districts and provinces and, the technical investment take a comparative small scale on the whole finance expenditure or GDP. So, this paper pointed out some suggestions to optimize technical investment of Shaanxi government, that to improve pluralism technical investment system, help universities to enhance multi-research & exploration and enhance the establishment of the army and the people scientific and technological innovation system.

• Periodical: Advanced Materials Research (Volumes 403-408)
• Pages: 2354-2358
• DOI: https://doi.org/10.4028/www.scientific.net/AMR.403-408.2354
• Online since: November 2011
• Authors: Yan Wang, Jie Wu
• Keywords: Co-Integration, Economic Growth, Shaanxi Province, Technical Investment

References

[1] Information from the Shaanxi Statistical Yearbook (2009).

[2] Li Zi Nai and Pan Wen Qing, in: Econometrics. Beijing: Higher Education Press, 2005 (4).

[3] Information from the http: /www. sninfo. gov. cn.