宏观经济不确定性对固定资产投资的影响

摘要

Based on the panel data from 2001 to 2012,this paper investigates the impact of macroeconomic uncertainty on fixed as-sets investment.The results show that macroeconomic uncertainty has significant effects on fixed assets investment.When macro-economic uncertainty increases and economic situation is unclear, fixed assets investment will significantly decrease, though there are different characteristics in different investment subjects, areas and fields.%利用2001年～2012年的面板数据，检验宏观经济不确定性对中国固定资产投资波动的影响。实证结果表明：宏观经济不确定性对固定资产投资的影响显著，当宏观经济不确定性增强、经济形势不明朗时，固定资产投资水平降低；但宏观经济不确定性对不同投资主体、不同投资区域和不同投资领域的影响存在差异性。