Research On Government Functions In Investment Promotion

Since the reform and opening up,Zhenjiang's investment promotion has made great achievements under the continuous efforts of various governments.The government led investment has played a very important role in promoting the development of local economy.But in the existing economic system,the investment behavior of Zhenjiang municipal government revealed more and more problems,excessive competition,industrial structure,large waste of resources,and even the breeding of corruption,to a certain extent,also hindered the investment efficiency and economic and social development.Based on public choice theory,the theory of institutional economics and game theory as the foundation,constructs the theoretical framework for the study of local government investment is actively involved in the transformation of the economic system under the background of behavior choice,in the imperfect market mechanism under the condition of the government,an institutional innovation to reduce investment transaction costs,but also to strengthen the the motivation of local government intervention,the formation of path dependence.Because the investment in the field of the competition,the public choice of local government is not based on rationality,facing the problem of imbalance of cost and benefit,increasing economic externality and information asymmetry,so the need for institutional innovation,standardize government behavior,in order to adapt to the needs of the new situation.This paper according to the basic idea of "putting forward the problem,analyze problems and seek countermeasures",mainly through the government behavior in the investment in Zhenjiang City,analyzed,and starting from the present situation of Zhenjiang,analyzes the effect of government behavior,to find the intrinsic relationship of investment in government behavior and regional economic development,reveal the behavior of the government in the economic benefits at the same time,the government also has many problems,the inherent mechanism and the essence of the law and reveal the Zhenjiang municipal government's choices under the current institutional background,due to the special financial system,power supervision system,performance appraisal mechanism and other constraints,and between the municipal government and county government the county government,and the government and investment enterprises are formed between the interaction of special form,non benign path choice behavior Dependence has influenced the scientific decision making and the optimal allocation of resources.This article draws on the advanced experience and practices of government investment at home and abroad,puts forward suggestions and suggestions for regulating Zhenjiang's government's investment promotion behavior,and starts from standardizing the government's behavior to correct the path dependence in behavior interaction so as to achieve the goal of attracting investment scientifically.