Abstract

This paper analyzes the function of the transportation, energy supply, water supply, telecommunications, environmental protection and other infrastructure factors on private investment, and takes the city of Nanjing as an example for the empirical analysis. Based on data from 1992 to 2011 for factor analysis, we conclude that infrastructure has promoted to private investment and that the level of infrastructure has become the bottleneck of economic development. For this reason, we should continue to improve its quantity and quality

Highlights

  • Infrastructure, Private Investment, Principal Component Analysis, Performance Study. Infrastructure investment, are those basic services investments which engaged in the production, life, development and other recreational activities needed, through powers of intervention by the State or public resources to provide, such as roads, railways, ports, bridges, airports, hydro and gas, telecommunications and meteorological services and so on

  • Establishing a sound infrastructure often takes a long time and huge investment, and it often plays an indispensable role in the development of a society

  • It mainly reflected in three aspects: unreasonable investment in infrastructure industries, duality of urban and rural infrastructure investment, and duality within the city

Read more

Summary

Introduction

Infrastructure investment, are those basic services investments which engaged in the production, life, development and other recreational activities needed, through powers of intervention by the State or public resources to provide, such as roads, railways, ports, bridges, airports, hydro and gas, telecommunications and meteorological services and so on. It mainly reflected in three aspects: unreasonable investment in infrastructure industries, duality of urban and rural infrastructure investment, and duality within the city. The money of government investments in public goods is limited. Government’s investment in transport, energy, communications, and other aspects are excessive, especially when government perform extensible economic policy, a lot of money is invested in railways, roads, and less in health, education, science and technology, environmental protection, causing the industrial structure infrastructure extremely unreasonable

Contains Elements of Infrastructure
Transportation Factors
Energy Supply Factors
Water Supply and Drainage Factors
Postal and Telecommunications Factors
The Factors of Environmental Protection
Selected Variables
Applicability Test of Variable
Calculation of Orthogonal Factors to Obtain Function Formula
Calculate the Factor Scores and Sort of Comprehensive Performance Scores
Findings
Analysis of Results and Summary
Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.