Analysis of Canonical Correlation between Regional Logistics Capability and Regional Economic Development——Based on National Panel Data
Sun Pan-shi
Abstract
Sun Pan-shi
Abstract
This paper constructs the index system of regional logistics capability from logistics infrastructure,logistics output and logistics industrial scale,which includes the index of regional economy from economy output,social material demand,infrastructure investment,etc.It analyzes the relations between regional logistics capability and regional economic development by canonical correlation analysis based on the panel data of 31 provinces in China.The results show the high correlation between regional logistics capability and regional economic development.Finally it proposes suggestions for regional logistics capability development according to the analysis.
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This paper constructs the index system of regional logistics capability from logistics infrastructure,logistics output and logistics industrial scale,which includes the index of regional economy from economy output,social material demand,infrastructure investment,etc.It analyzes the relations between regional logistics capability and regional economic development by canonical correlation analysis based on the panel data of 31 provinces in China.The results show the high correlation between regional logistics capability and regional economic development.Finally it proposes suggestions for regional logistics capability development according to the analysis.
Key concepts: Index (typography), Business, Panel data, Investment (military), China, Canonical correlation, Scale (ratio), Regional science