Title :
Analysis on government induced investment for China´s marine industry
Author_Institution :
School of Management, Zhejiang Ocean University, Zhoushan, China
Abstract :
This article has conducted an empirical research on the dynamic correlation effects between the government investment and the fluctuation of marine economic cycle through the method of quantitative analysis. Empirical results indicate that the influence of the government investment is effective on the fluctuation of marine economy during the earlier stage, but this effect will show a trend of continuous diminishment with the passage of time; Moreover, the fluctuation of marine economy results more from its own impact , the government investment has a powerful influence on the economic fluctuation of marine industry and shows longterm continuity. This paper holds that the government should not only focus on the investment scale, but also value the investment efficiency and the investment effect during the regulation and control of the operation of marine economy through investment.
Keywords :
Convergence; Economics; Fluctuations; Government; Industries; Investments; Government Investment; Incentive; Induced Investment; Marine Economy; Marine Industry;
Conference_Titel :
Information Science and Engineering (ICISE), 2010 2nd International Conference on
Conference_Location :
Hangzhou, China
Print_ISBN :
978-1-4244-7616-9
DOI :
10.1109/ICISE.2010.5689433