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1、Public investment has played a huge role in economic development and improved the quality of life of the public for a long time.As the market economy continues to improve,public investment,the financial expenditure,is in
2、creasingly concerned by public.In addition,the investment is one important way to expand production of society,therefore,investment plays an important role in the social development,but also bas a special significance in
3、 the effective construction of"society".Public investment can promote both the rapid economic development and the coordinated development of regional economy.Therefore,how to maximize the effects of public investment is
4、the focus of this article.
Economic development of Wuhan city circle is essentially the field of regional economic development.This paper is based on the angle of Wuhan city circle,combined with public investment
5、theory and the basic theory of regional economic growth and analyzes the relationship between public investment and economic growth of Wuhan city circle,according to the nearly 15 years of empirical research on the data
6、and the results of empirical research,this paper gives the recommendations of public investment to improve public investment in Wuhan city circle of investment efficiency and quality,which makes the economic development
7、of Wuhan city circle a new breakthrough,more healthy,stable,harmonious and develop rapidly.But also it plays a certain reference for the economic circle of other cities and other regional economic development.
Thi
8、s paper is mainly through qualitative and quantitative theoretical and empirical combination,the research methods of Wuhan city circle public investment and economic growth.Mainly divided into five most are discussed:(1)
9、the study of public investment in Wuhan city circle with economic growth,the importance and necessity of public investment and economic growth,the paper introduces the research contents and methods of the study.(2)define
10、s the definition and scope of public investment,and according to the definition of public investment,introduces the basic theory of public investment,the basic theory of economic growth,public investment and economic gro
11、wth,the basic theory of relationship for empirical provides theory basis.3 analyses Wuhan city circle of public investment scale economic growth,mainly through public investment in Wuhan city circle of absolute scale and
12、 relative scale,according to a statistical description of public investment in production function with economic growth,according to measure the logarithmic concave increasing function measurement of public investment in
13、 Wuhan city circle the optimal investment scale.4 aspects from the static and dynamic measurement analyses Wuhan city circle of each part of public investment in economic growth,and the effect that related conclusions.Wi
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