An Empirical Analysis of the Choice for Leading Industry in Guangxi
Yang Min
Abstract
Yang Min
Abstract
The implementation of Western Development and North Bay Economic Zone has poured into good opportunity for the Guangxi regional economies' development.In order to achieve the economic development of Guangxi,we should first select and cultivate the leading industries.Based on the two aspects of industrial competitive power and industrial development potential,the paper tries to use location quotient and factor analysis to give quantitative analysis of Guangxi’s 38 industry sectors,which are divided into three categories: double strength,double weakness and strong and one weak.The paper also points out the suitable leading industry for the development of Guangxi economic.
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The implementation of Western Development and North Bay Economic Zone has poured into good opportunity for the Guangxi regional economies' development.In order to achieve the economic development of Guangxi,we should first select and cultivate the leading industries.Based on the two aspects of industrial competitive power and industrial development potential,the paper tries to use location quotient and factor analysis to give quantitative analysis of Guangxi’s 38 industry sectors,which are divided into three categories: double strength,double weakness and strong and one weak.The paper also points out the suitable leading industry for the development of Guangxi economic.
Key concepts: Order (exchange), Business, Economic base analysis, Quantitative analysis (chemistry), Chinese economy, Industrial organization, Economic geography, Economy