AASCIT - Journal - All Issues

ISSN: 2375-298X

International Journal of Economic Theory and Application

The Journal

Manuscript Information

Study on the Comprehensive Evaluation of the Economic Development Levels of Prefecture-Level Cities in Shandong Province

International Journal of Economic Theory and Application
Vol.5 , No. 1, Publication Date: Jan. 25, 2018, Page: 22-28

594 Views Since January 25, 2018, 584 Downloads Since Jan. 25, 2018

Paper in PDF (950K)

Follow on

Authors

[1]	Shaomei Yang, Department of Economics and Management, North China Electric Power University, Baoding, China.
[2]	Ting Wang, Department of Economics and Management, North China Electric Power University, Baoding, China.

Abstract

The reasonable appraisal of the level of economic development can’t be ignored as a guide for the adoption and implementation of the policy. In order to evaluate the level of economic development of all prefecture-level cities in Shandong Province, this paper selects 10 statistical indicators from 17 prefecture-level cities in Shandong Province and uses factor analysis method to carry out empirical analysis, and extracts the factors of comprehensive economic strength of cities and living standards of urban residents Factor of 2 public factors and clustering analysis of 17 prefecture-level cities based on public factor score matrix, the level of economic development in all prefecture-level cities in Shandong Province is divided into five levels, and accordingly for the formulation and implementation of relevant economic policies give the appropriate advice.

Keywords

Factor Analysis, Cluster Analysis, Shandong Province, Prefecture Level-City, Economic Development Level

Reference

[01]	Wenguang Yu et al. Analysis of comprehensive economic strength of major cities in Shandong [J]. New century discussion, 2006. 278-282.
[02]	Xiaoqun He. Multivariate statistical analysis [M]. China renmin university press, 2004.
[03]	Xiulin Yu, Xuesong Ren. Multivariate statistical analysis [M]. Beijing. China statistics press.
[04]	Baojin Wang. Multivariate analysis: statistical software and data analysis [M]. Beijing. Peking University press.
[05]	Yijuan Chen, Hao Zhang. Comprehensive evaluation of economic development level of various cities and counties in hainan province based on factor analysis and clustering analysis [J]. Journal of Texas college, 2013, 33 (04): 80-83, 102.
[06]	Dandan Wang, Lan Xiao. Research on the economic development level of Inner Mongolia of Inner Mongolia based on factor analysis and cluster analysis [J]. Inner Mongolia statistics, 2016, (04): 16-17.
[07]	Jie Shang, Qi Luo, and Juan Yan. Comprehensive evaluation of the economic development of some cities based on factor analysis and cluster analysis [J]. Technology and economy market, 2016, (05): 17.
[08]	Rui Tong, Shunquan Zhu. Research on the evaluation of social and economic development in China's provinces and cities based on factor analysis [J]. Productivity research, 2005. 9: 19-20.
[09]	Bing Tian et al. Analysis and evaluation of urban comprehensive strength in anhui province based on factor analysis and cluster analysis [J]. Metal materials and financial engineering, 2007. 35 (4): 57-60.
[10]	Xiaorui Zhang. Comprehensive evaluation of economic development in various regions of qinghai based on factor analysis and cluster analysis [J]. Industrial economy BBS, 2013, 04 (05): 71-76.