Research on the Nonlinear Effect of Investment on Regional Economic Growth Based on Semi-Parametric Model

DOI

10.2991/assehr.k.210407.023How to use a DOI?

Keywords

Nonlinear influence, Regional economic growth, Semi-parametric model

Abstract

Based on the data of regional economic growth in Guangdong Province from 2000 to 2019, this paper analyzes the impact of investment, consumption, human resources and export on regional economic growth based on semi-parametric model. The conclusions can be gain as following: (1) Consumption and human resources have a greater role in promoting regional economic growth; (2) Investment has a nonlinear effect on regional economic growth. When the level of investment exceeds the threshold, it will no longer promote regional economic growth; (3) In the study of regional economic growth, the semi-parametric model has better fitting effect than the linear model, and is more suitable for the study of regional economic growth. The main suggestions are as follows: (1) We should increase the level of domestic demand and appropriately control the scale of investment. (2) Strengthen the training of human resources, improve the role of promoting regional economic growth

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  - Xue Yong-gang
PY  - 2021
DA  - 2021/04/08
TI  - Research on the Nonlinear Effect of Investment on Regional Economic Growth Based on Semi-Parametric Model
BT  - Proceedings of the 2021 6th International Conference on Social Sciences and Economic Development (ICSSED 2021)
PB  - Atlantis Press
SP  - 116
EP  - 119
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210407.023
DO  - 10.2991/assehr.k.210407.023
ID  - Yong-gang2021
ER  -