{"id":"https://openalex.org/W2392903095","doi":null,"title":"The Effects of Investment on Economic Growth and Its Path: The Analysis of Impulse Response Function","display_name":"The Effects of Investment on Economic Growth and Its Path: The Analysis of Impulse Response Function","publication_year":2004,"publication_date":"2004-01-01","ids":{"openalex":"https://openalex.org/W2392903095","mag":"2392903095"},"language":"en","primary_location":{"id":"mag:2392903095","doi":null,"is_oa":false,"landing_page_url":"http://en.cnki.com.cn/Article_en/CJFDTOTAL-CMYJ200405000.htm","pdf_url":null,"source":{"id":"https://openalex.org/S2764894198","display_name":"Cai-mao yanjiu","issn_l":"1001-6260","issn":["1001-6260"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4365392122","host_organization_name":"Anhui University of Finance and Trade","host_organization_lineage":["https://openalex.org/P4365392122"],"host_organization_lineage_names":["Anhui University of Finance and Trade"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Cai-mao yanjiu","raw_type":null},"parent_works":[],"lineage":["https://openalex.org/W2392903095"],"child_works_count":0,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5103052350","display_name":"Wei Guo","orcid":"https://orcid.org/0000-0002-5007-541X","observed_orcids":["https://orcid.org/0000-0002-5007-541X"]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Wei Guo","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5103052350"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":{"value":0.0,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":93},"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10393","display_name":"Economic Growth and Productivity","score":0.4867999851703644,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10393","display_name":"Economic Growth and Productivity","score":0.4867999851703644,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.23559999465942383,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11770","display_name":"Fiscal Policy and Economic Growth","score":0.1485999971628189,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/investment","display_name":"investment","score":0.9649999737739563},{"id":"https://openalex.org/keywords/economic-growth","display_name":"economic growth","score":1.0},{"id":"https://openalex.org/keywords/impulse-response","display_name":"impulse response","score":0.6650000214576721},{"id":"https://openalex.org/keywords/investment-elasticity","display_name":"investment elasticity","score":0.5929999947547913},{"id":"https://openalex.org/keywords/resource-consumption","display_name":"resource consumption","score":0.5099999904632568},{"id":"https://openalex.org/keywords/technological-progress","display_name":"technological progress","score":0.5910000205039978},{"id":"https://openalex.org/keywords/fixed-asset-investment","display_name":"fixed asset investment","score":0.5130000114440918},{"id":"https://openalex.org/keywords/investment-structure","display_name":"investment structure","score":0.7940000295639038},{"id":"https://openalex.org/keywords/overinvestment","display_name":"overinvestment","score":0.8270000219345093},{"id":"https://openalex.org/keywords/china","display_name":"China","score":0.7390000224113464}],"concepts":[{"id":"https://openalex.org/C2780447953","wikidata":"https://www.wikidata.org/wiki/Q6060845","display_name":"Investment function","level":3,"score":0.7190319299697876},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6902649402618408},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.6507753133773804},{"id":"https://openalex.org/C72279823","wikidata":"https://www.wikidata.org/wiki/Q1139726","display_name":"Impulse response","level":2,"score":0.6475213766098022},{"id":"https://openalex.org/C169549615","wikidata":"https://www.wikidata.org/wiki/Q939134","display_name":"Return on investment","level":3,"score":0.5292937755584717},{"id":"https://openalex.org/C191935318","wikidata":"https://www.wikidata.org/wiki/Q148","display_name":"China","level":2,"score":0.4650946855545044},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.4603353440761566},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.4195850193500519},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.3137933909893036},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.19875609874725342},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.1265845000743866},{"id":"https://openalex.org/C2778348673","wikidata":"https://www.wikidata.org/wiki/Q739302","display_name":"Production (economics)","level":2,"score":0.11022132635116577},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0718463659286499},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C134306372","wikidata":"https://www.wikidata.org/wiki/Q7754","display_name":"Mathematical analysis","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"mag:2392903095","doi":null,"is_oa":false,"landing_page_url":"http://en.cnki.com.cn/Article_en/CJFDTOTAL-CMYJ200405000.htm","pdf_url":null,"source":{"id":"https://openalex.org/S2764894198","display_name":"Cai-mao yanjiu","issn_l":"1001-6260","issn":["1001-6260"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/P4365392122","host_organization_name":"Anhui University of Finance and Trade","host_organization_lineage":["https://openalex.org/P4365392122"],"host_organization_lineage_names":["Anhui University of Finance and Trade"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Cai-mao yanjiu","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[{"score":0.5378999710083008,"id":"https://metadata.un.org/sdg/9","display_name":"Industry, innovation and infrastructure"},{"score":0.48510000109672546,"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W2383456928","https://openalex.org/W2360034975","https://openalex.org/W4362678495","https://openalex.org/W2392351636","https://openalex.org/W1576662813","https://openalex.org/W1983508406","https://openalex.org/W2349723324","https://openalex.org/W2384553362","https://openalex.org/W2786343279","https://openalex.org/W2357975727"],"abstract_inverted_index":{"This":[0],"paper":[1,55],"tests":[2],"the":[3,9,18,24,28,33,44,61,78],"response":[4,34],"of":[5,47],"economic":[6],"growth":[7],"to":[8,80],"investment":[10,45,62,73],"since":[11],"1978":[12],"using":[13],"vector":[14],"auto-regression":[15],"model,":[16],"and":[17,32],"result":[19],"shows":[20],"that":[21,43,60],"investment,":[22],"during":[23],"whole":[25],"period,":[26],"has":[27],"obvious":[29],"short":[30],"effects,":[31],"elasticity":[35],"is":[36,46,75],"significantly":[37],"less":[38],"than":[39],"one.":[40],"It":[41],"proves":[42],"resource":[48],"consuming,":[49],"not":[50],"technology":[51],"improving.":[52],"Then,":[53],"this":[54],"verifies":[56],"with":[57,83],"some":[58],"data":[59],"in":[63],"China":[64],"stresses":[65],"marginal":[66],"expansion":[67],"but":[68],"neglects":[69],"stock":[70],"adjustment.":[71],"The":[72],"structure":[74],"imbalanced,":[76],"causing":[77],"over-investment":[79],"be":[81],"adjusted":[82],"more":[84],"investment.":[85]},"counts_by_year":[{"year":2016,"cited_by_count":1}],"updated_date":"2026-11-14T11:04:58.165337","created_date":"2016-06-24T00:00:00"}