The Empirical Analysis on the Linkage Development of the Manufacturing and Logistics Industry in Gray Correlation Model – Base on Panel Data of Industry in Suzhou
Zheng Li-jua
Abstract
Zheng Li-jua
Abstract
At present,as our country is in the middle of the economic transition,industrial restructuring and optimization are the top priority for the economic development. As a service industry,logistics can push forward transformation and upgrading of the manufacturing industry. As an important part in regional economic development,Manufacturing industry is influenced by the development of the logistics industry. The joint and integration of manufacturing and logistics industry is an important aspect in adjusting the industrial structure as well as in transforming the mode of economic growth. By using the gray correlation theory,this paper empirically analysis' s the panel data of index from the development of Suzhou manufacturing industry and logistics industry from 2002 to 2013,which shows that there are strong correlations between them. To make the interactive development between manufacturing and logistics industry in Suzhou area,relevant countermeasures are put forward in order to complete the transformation and upgrade of industry in Suzhou area.
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At present,as our country is in the middle of the economic transition,industrial restructuring and optimization are the top priority for the economic development. As a service industry,logistics can push forward transformation and upgrading of the manufacturing industry. As an important part in regional economic development,Manufacturing industry is influenced by the development of the logistics industry. The joint and integration of manufacturing and logistics industry is an important aspect in adjusting the industrial structure as well as in transforming the mode of economic growth. By using the gray correlation theory,this paper empirically analysis' s the panel data of index from the development of Suzhou manufacturing industry and logistics industry from 2002 to 2013,which shows that there are strong correlations between them. To make the interactive development between manufacturing and logistics industry in Suzhou area,relevant countermeasures are put forward in order to complete the transformation and upgrade of industry in Suzhou area.
Key concepts: Manufacturing, Restructuring, Business, Tertiary sector of the economy, Industrial organization, Linkage (software), Gray (unit), Panel data