Empirical Study of China's Economic Structure Based on Factor Analysis
Xie Quan
Abstract
Xie Quan
Abstract
The paper builds comprehensive index systems of economic structure by using the factor analysis method according to the growth economics and development economics theory. The changes of China's economic structure and these structural changes caused by the decisive factor are analyzed since the reform and opening up. In this paper the development of state in China's economic structure is comprehensively evaluated through building comprehensive index systems of economic structure to explore the structural path of the transformation of China's economic growth pattern. Countermeasures are provided for the government to formulate macroeconomic policies and promote reform of the economic system.
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The paper builds comprehensive index systems of economic structure by using the factor analysis method according to the growth economics and development economics theory. The changes of China's economic structure and these structural changes caused by the decisive factor are analyzed since the reform and opening up. In this paper the development of state in China's economic structure is comprehensively evaluated through building comprehensive index systems of economic structure to explore the structural path of the transformation of China's economic growth pattern. Countermeasures are provided for the government to formulate macroeconomic policies and promote reform of the economic system.
Key concepts: China, Economic system, Economics, Index (typography), Economic transformation, Government (linguistics), Economic reform, State (computer science)