Research On Regularity Of Capital Goods Stock In The Industrail Process Of China

Since entering the industrialized society,capital goods represented by machinery and equipment have played an increasingly important role in the development of industrial enterprises and the development of productive forces.Capital goods are the carrier of advanced technology,which is an important factor of the core competitiveness of industrial enterprises,and a country’s overall level of capital goods stock becomes a main measure of the level of the country’s productive forces.Therefore,combined with the relevant theory of national industrialization process,carrying out the national level of capital accumulation research is important.Through theoretical and empirical analysis,we could understand the relationship between national industrialization process and the capital goods accumulation correctly and provide data support for government to formulate industrialization related policies.This paper first divides the industrialization stage of China from 1978 to 2015 according to the theory of industrialization stage at home or abroad.Moreover,this paper is based on the perpetual inventory method(PIM),establishing an analysis framework for the calculation of capital goods in China.It is also the application of PIM in capital stock accounting and is developed on the basis of standard path.Then,this paper selects the basic data indicators from "China Statistical Yearbook 1978-2015",and makes reasonable treatment of lack data,so that 1978-2015 construction and equipment category of capital goods were calculated.And finally add,so as to get our country’s overall capital goods from 1978 to 2015.Using the time series method,we could get the change trend of the capital goods stock in China from 1978 to 2015.Finally,through the empirical research,combined with the analysis of the relationship between the industrialization stage and the capital goods stock in China,the paper makes a deep analysis in the law of stock and structure change of capital goods in China from 1978 to 2015.From the following four aspects,which are the relationship between economic growth and capital accumulation,capital output ratio,capital deepening and internal structure of capital goods accumulation,this paper summed up the change law of capital goods accumulation in the 1978-1915 China’s industrialization process.