Research About The Impact Of Government Officials Corruption On Public Investrseat

After 30 years of reform and opening up, China has made great progress in economic development. However, in the background of rapid economic growth and the socialist market economy gradually improved, because the system is not perfect, and the relevant constraints mechanism is not perfect, the Chinese government officials corruption often occurs, and become one of the hot topics of social concern.The quantity and quality of public investment is generally considered to reflect the progress and the stage of national development, it should be said that since the reform and open, the quantity and the quality of our country in the field of public investment has a great progress, but the distribution of public investment still has more obvious structure difference and the regional differences. Moreover, in recent years, in our country, government officials corruption in the field of public investment are increasing, such as bartering, kickbacks and other rent-seeking behavior.Generally speaking, government officials corruption in the field of public investment is usually very large, involving many government personnel, many projects and redundant construction work, leading to a large number of waste. These problems are shown in the field of public investment in China, if can not effectively resolved, will lead to low efficiency of public investment, social welfare, and ultimately affect the stable and healthy development of the economy.This paper is to study the impact of government officials corruption on public investment, because public investment and private investment have their own characteristics, and in China’s current administrative system, public investment is dominated by local government. So, it has an objective basis. According to the relevant point of view of rent-seeking theory, the problem of government officials corruption will affect economic and social resources allocation.These effects are different in different regions. Most people focus on the nature and definition of government officials corruption, or to explore the causes of government officials corruption, or to analyze the impact of corruption on national economic growth rate, and to study the impact of government financial system, budget system and government officials promotion system, and most of the researches are about the relationship between government officials corruption and public investment.The innovation of this paper is based on the analysis of the overall impact of government officials corruption on public investment, and further analyzes the specific impact of government officials corruption in the eastern, central and western regions, which is mainly based on the relevant theory, using theoretical model analysis and empirical data measurement analysis, combined with relevant point of view to analyze the risk of government officials corruption in public investment field. Subsequently, the paper establishes the relevant measurement model of government officials corruption, the impact on public investment, and further the measurement model, which is based on the actual results and the actual situation of different regions, and then explain the differences of public investment in different regions. Lastly, the paper puts forward the relevant policy recommendations.Through analysis, the conclusions are:first, the government officials corruption problem will increase the amount of public investment in our country, because the scale of public investment encourage the local government to implement rent-seeking corruption behavior. Second, government officials corruption for different types of public investment is not the same, government corruption for road transport, energy and electricity and other infrastructure construction of public investment has the promotion effect.Third, the role of government officials corruption in public investment is affected by regional differences, which have different characteristics in different regions. Where the economic and social development level is not enough, and the market mechanism is not perfect, the government officials corruption will promote the development of public investment and improve the efficiency of economic and social development.