The Influence of Governement Investment on Financial Industry-An Application of Input-Output Analysis

碩士 === 朝陽科技大學 === 財務金融系碩士班 === 95 === Under the circumstances of high unemployment and economic depression, it’s an appropriate timing for governments to stimulate the economy, to improve the investment environment, to strengthen the growing drive and to develop the potential of the country by publi...

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Bibliographic Details
Main Authors: Yung-Ping Sheu, 許永平
Other Authors: Cheng-Yih Hong
Format: Others
Language:zh-TW
Published: 2007
Online Access:http://ndltd.ncl.edu.tw/handle/93085926419676068318
Description
Summary:碩士 === 朝陽科技大學 === 財務金融系碩士班 === 95 === Under the circumstances of high unemployment and economic depression, it’s an appropriate timing for governments to stimulate the economy, to improve the investment environment, to strengthen the growing drive and to develop the potential of the country by public investment. This research is based on NT five hundred billion public investment within five years. Based on the 161 industry categories defined by Directorate General of Budget, Accounting and statistics, Executive Yuan in 2004, 54 departments are summarized as the major research model according to the attribution of investment projects. The economic effect of spending five hundred billion and financial related industry are under evaluated. Observing for changes in four periods of inter-industry analysis from 1996 to 1999 and 2001 to 2004, we can conclude five results of growth changes by using growing factor analysis model . The result shows: 一、The government spent NT five hundred billion in “new TOP 10 construction” public investment, and expected to gain the economic result for 1,045 billion including 500 billion of domestic direct final demand increment, 380 billion of the first spillover effect, 165 billion of the second spillover effect. The spillover effect ratio is equal to 2.09. Besides, it also created 180,562 employment opportunities. 二、Regarding to the industry growth from 1996 to 1999 and 2001 to 2004, the gross effect increased from 5,995 billion (1996-1999) to 16,562 billion (2001-2004), which includes domestic final demand change effect, output change effect, final good input change effect, Intermediate good input change effect and input coefficient change effect.