Research on My Country’s Private Investment Scale Efficiency Based on Solow Model

DOI

10.2991/assehr.k.210407.072How to use a DOI?

Keywords

Private investment, Scale, Efficiency

Abstract

In my country’s economic development, government investment has always been an important political and economic means of stimulating economic growth. Government investment is also the fastest and most effective way to promote economic development. For example, after the subprime mortgage crisis in the United States, my country resumed stimulating economic growth in 2008. The 4 trillion government investment invested in the market has played an important role in the recovery and development of my country’s economy. However, we should see that while government investment brings many benefits to economic development, it also has limitations. For example, government investment involves too many areas; the investment structure is relatively simple. Therefore, relying solely on government investment cannot fully achieve the expected Economic goals. In the past 40 years of reform and opening up, private investment in the form of private enterprises has been greatly developed, and private investment has gradually replaced state-owned investment as the main force in my country’s fixed asset investment. Although my country’s private investment has achieved tremendous growth in quantity, there are still some problems in its investment efficiency. At present, the investment efficiency of my country’s private investment is still at a relatively low level, and the improvement of the efficiency of private investment is crucial to the development of my country’s economy. Therefore, this article studies the efficiency of my country’s private investment from the perspective of scale efficiency, and concludes that my country’s private investment is inefficient due to insufficient scale investment. In the future, the scale of private investment should be further increased to achieve scale efficiency.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Sun Min
PY  - 2021
DA  - 2021/04/08
TI  - Research on My Country’s Private Investment Scale Efficiency Based on Solow Model
BT  - Proceedings of the 2021 6th International Conference on Social Sciences and Economic Development (ICSSED 2021)
PB  - Atlantis Press
SP  - 366
EP  - 370
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210407.072
DO  - 10.2991/assehr.k.210407.072
ID  - Min2021
ER  -