投资对西部经济增长至关重要 ,但由于西部地区的投资转移成本过高 ,阻碍了外部资金流向西部。本文从投资的空间流动理论出发 ,运用新制度经济学的理论和方法对投资转移成本 (主要是投资交易成本 )进行分析。我们认为 ,对西部而言 ,树立“制度是第一生产力”的观念有着特殊的现实意义。 Investment is crucial to the economic growth in the west, but because of the high cost of investment in the western region, the flow of external funds to the west has been hindered. Based on the theory of spatial flow of investment and using the theory and method of new institutional economics, this paper analyzes the cost of investment (mainly investment transaction costs). In our opinion, the concept of “system as the primary productive force” has a special realistic meaning to the west.