An Empirical Study of the Influence Factors of Infrastructure Investment on Promoting Private Investment: Based on the Empirical Data of Jiangsu Province from 1990 to 2011

Abstract

The paper analyzes the influence factors of infrastructure service on promoting private investment by the method of factor analysis on the data from 1990 to 2011 of Jiangsu Province. The result finds that the main infrastructure factors on promoting private investment are per capita road area, total electricity consumption, telephone penetration, sewage treatment capacity, comprehensive utilization of industrial solid waste. The level of infrastructure service on promoting private investment from 2003 to 2011 is higher than that of the period of 1990–2002 as cluster analysis. In the end, the paper offers some policy recommendations.