The Impact Of Fixed Investment On Economic Growth Of Beijing

How to make economic stability, rapid and sustained growth is a timeless topic of any country or region. The pace of economic growth and development is not only the sign of a country or region's economic strength, but also foundation of improving residents' living standards and of the basic welfare .This thesis analyses the impact of fixed-asset investment on Beijing's economic growth by making use of economic growth theory, econometric theory. According to "China's 50-year Compilation of Statistical Information" and statistics data released by the Beijing Municipal Bureau of Statistics, using Eviews, SPSS and other measurement tools, this thesis analyses the economic growth of Beijing's time-series data and panel data, and researches the impact of fixed assets investment towards Beijing economic growth, finds the characteristics and laws of fixed-asset investment on Beijing's economic growth, provides service for formulating investment strategy and investment planning.This thesis find that the increase of investment in fixed assets played a significant role towards Beijing economic growth. But apart from relying on capital investment, economic growth has a closed relationship with the input and using efficiency of other various elements. So if it has been focusing on capital inputs in the long-term, it is bound to result in diminishing capital marginal efficiency. While adjust the economy structure, government should increase the input of other elements.