A Study On The Influence Of Local Government Investment On Economic Growth

After the U.S.subprime mortgage crisis,the world economic situation fell into depression,the global economy maintained a downward trend,and the international trade situation continued to be tense.Under such a severe economic background,China’s economy still maintained a steady and good development trend.Domestic prices were stable,which could not be separated from the effective macro-control measures of central and local governments at all levels.Among them,government investment is the key Economic means.With the deepening of the reform of the administrative system in China,the central government has simplified administration and delegated power,which has improved the enthusiasm of local governments.Local governments can directly contact local enterprises and the people,and carry out government investment in a more targeted way in combination with local specific conditions.Jiangxi Province is a traditional old revolutionary base.During the war,Jiangxi Province once made important contributions to the founding of new China,and also has unique natural resources and geographical advantages.It is a key link in the strategy of the rise of central China.Although the government investment has been strengthened in recent years and the economic value has been increasing,it is closely related to the eastern coastal provinces of Guangdong,Zhejiang and Jiangsu There is still a big gap.Based on sufficient theoretical basis and combined with the actual situation of Jiangxi Province,this paper analyzes the current situation of government investment and economic development,through the empirical analysis of the relationship between government investment and economic growth in Jiangxi Province,combined with the econometric model In order to promote the economic growth of Jiangxi Province and the benign coordination of government investment and private investment,this paper discusses how to improve the government investment behavior in the future and finally promote the economic transformation and upgrading.