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Analysis of the Logistics Demand Prediction in Guangxi Beibu Gulf Economic Zone

Huang Ning

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Abstract

The settlement of the Sino-Asean free trade area makes possible more frequent economic communication and increasing goods flow between China and the Southeast Asian countries.It is necessary to predict and analyze the logistics demand in the Guangxi Beibu Gulf economic zone because accurate prediction can provide reference for the economic development there.This paper analyzes the time series data from 2000 to 2010 by the simple and practical linear regression approach,supposing the total logistics in Guangxi as the variable Y,and the GDP of Guangxi and the total cost as independent variables X_1 X_2.Through the simple,feasible logistics demand prediction,the total logistics in 2011 has been calculated to provide quantitative data for analyzing the logistics supply-demand balance.

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What this paper is about

The settlement of the Sino-Asean free trade area makes possible more frequent economic communication and increasing goods flow between China and the Southeast Asian countries.It is necessary to predict and analyze the logistics demand in the Guangxi Beibu Gulf economic zone because accurate prediction can provide reference for the economic development there.This paper analyzes the time series data from 2000 to 2010 by the simple and practical linear regression approach,supposing the total logistics in Guangxi as the variable Y,and the GDP of Guangxi and the total cost as independent variables X_1 X_2.Through the simple,feasible logistics demand prediction,the total logistics in 2011 has been calculated to provide quantitative data for analyzing the logistics supply-demand balance.

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Available abstract

The settlement of the Sino-Asean free trade area makes possible more frequent economic communication and increasing goods flow between China and the Southeast Asian countries.It is necessary to predict and analyze the logistics demand in the Guangxi Beibu Gulf economic zone because accurate prediction can provide reference for the economic development there.This paper analyzes the time series data from 2000 to 2010 by the simple and practical linear regression approach,supposing the total logistics in Guangxi as the variable Y,and the GDP of Guangxi and the total cost as independent variables X_1 X_2.Through the simple,feasible logistics demand prediction,the total logistics in 2011 has been calculated to provide quantitative data for analyzing the logistics supply-demand balance.

Key concepts: China, Exclusive economic zone, Business, Supply and demand, Variable (mathematics), Simple linear regression, Regression analysis, Environmental economics

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