2015•Ke-ji guanli yanjiuRequires access

Research on the Industrial Relations of Modern Services in Hebei Province

Chen Hong-me

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Abstract

The industrial correlation analysis method is an important indicator which reflects the internal economic links between local economic sectors,and recognizing the trajectory of the industrial correlation will make important sense to the formulation of local industry restructuring policies. By using correlation analysis,this paper calculates the correlation coefficient and partial correlation coefficient between six modern service industries in Hebei province. Based on those,this paper analyzes the economic relational degree between the modern service industries in Hebei province and chose the leading industry which plays an important role in economic development. Data results show that: the economic interaction of the modern service industries in Hebei province is strong,and the financial industry can be the leading industry,but the wholesale and retail plays the weakest role. The above conclusions demonstrate the feasibility of correlation analysis in industry relationship studies,at the same time make a great power to optimize the industry development in Hebei province.

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What this paper is about

The industrial correlation analysis method is an important indicator which reflects the internal economic links between local economic sectors,and recognizing the trajectory of the industrial correlation will make important sense to the formulation of local industry restructuring policies. By using correlation analysis,this paper calculates the correlation coefficient and partial correlation coefficient between six modern service industries in Hebei province. Based on those,this paper analyzes the economic relational degree between the modern service industries in Hebei province and chose the leading industry which plays an important role in economic development. Data results show that: the economic interaction of the modern service industries in Hebei province is strong,and the financial industry can be the leading industry,but the wholesale and retail plays the weakest role. The above conclusions demonstrate the feasibility of correlation analysis in industry relationship studies,at the same time make a great power to optimize the industry development in Hebei province.

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Available abstract

The industrial correlation analysis method is an important indicator which reflects the internal economic links between local economic sectors,and recognizing the trajectory of the industrial correlation will make important sense to the formulation of local industry restructuring policies. By using correlation analysis,this paper calculates the correlation coefficient and partial correlation coefficient between six modern service industries in Hebei province. Based on those,this paper analyzes the economic relational degree between the modern service industries in Hebei province and chose the leading industry which plays an important role in economic development. Data results show that: the economic interaction of the modern service industries in Hebei province is strong,and the financial industry can be the leading industry,but the wholesale and retail plays the weakest role. The above conclusions demonstrate the feasibility of correlation analysis in industry relationship studies,at the same time make a great power to optimize the industry development in Hebei province.

Key concepts: Restructuring, Tertiary sector of the economy, Service (business), Business, Heavy industry, Positive correlation, Industrial organization, Pearson product-moment correlation coefficient

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