An Empirical Study of Principal Component Regression (PCR) based Integrated Development of Regional Logistics in Jiangsu Province

Regional logistics can greatly facilitate the regional economic growth, and promote the development of the surrounding area.By the researching of regional logistics in Jiangsu province, the authors of the paper construct a regression model about the factors, which impact the level of comprehensive development of regional logistics.According to the results of the analysis five factors have positive effects to the development of regional logistics, including the socio-economic development, the rational allocation of industrial structure, the accelerating of the flow of goods demand, the optimization of logistics infrastructure, and the timely follow-up of information technology.In particular, the rapid economic development, the rational allocation of industrial structure, the accelerating speed of material flow, the improved road facilities, the rise of postal service levels, play a crucial role in the development of regional logistics.